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RBNZ says licensed insurers failing to comply with disclosure rules
By Rebecca Howard June 29 (BusinessDesk) - The Reserve Bank says the overall level of compliance with disclosure rules on the part of licensed insurers falls well short of minimum requirements and needs to "markedly improve". "The level of compliance was generally disappoin...
NZ business confidence rises to 9-month high, led by services, agriculture; home building weakens
By Jonathan Underhill June 29 (BusinessDesk) - New Zealand business confidence rose to a nine-month high in June, led by services and agriculture, suggesting economic growth is set to accelerate. A net 24.8 percent of companies surveyed in the ANZ Business Outlook this mont...
Labour wants to lift minimum wage, soften 90-day trial rules
By Rebecca Howard June 29 (BusinessDesk) - If elected in September, a Labour government would lift the minimum wage to $16.50 an hour and pay core public service workers a 'living wage', Labour leader Andrew Little said when presenting the party's employment relations policy....
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