BUDGET 2020: Govt boosts funding for market watchdogs
The Commerce Commission, Financial Markets Authority and Serious Fraud Office were among agencies to get a funding boost in today’s budget, addressing not only existing cost pressures but also expanded missions. The commission will get $30.4 million over four years, which Comm...
BUDGET 2020: Green jobs, retraining, and wage subsidies ticked off in ‘jobs budget’
Targeted retraining, thousands of new green jobs, and an extension to the wage subsidy were among measures unveiled in today’s ‘jobs budget’.
BUDGET 2020: Unemployment seen peaking at 9.8% in September
The New Zealand economy faces a relatively short and very sharp recession over the coming year before massive government spending kicks into to help stoke growth.
Govt ditches 5G auction, opts for direct allocations
The government has given up on a planned auction of radio spectrum to get 5G up and running as soon as possible, and will instead offer allocations to Spark New Zealand, Two Degrees Mobile and wholesaler Dense Air. The government had planned to auction the early access 3.5 gig...
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