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PETER GRIFFIN: Time to join Australia’s bubble on tech regulation
Opinion

Peter Griffin: PETER GRIFFIN: Time to join Australia’s bubble on tech regulation

As someone who lost a chunk of my income when the NZ Listener shut down three weeks ago, news of the government’s $50 million support package for the media is bittersweet.

Peter Griffin 23 Apr 2020
KPMG introduces 15% 'salary sacrifice' as covid-19 bites
Services

KPMG introduces 15% 'salary sacrifice' as covid-19 bites

KPMG has asked staff to take a 15 percent pay cut, calling it a “salary sacrifice” needed since it doesn’t qualify for the government wage subsidy. It is also cutting partner drawings by 20 to 40 percent, a move in line with two other big four accountants, EY and PwC. However, th...

Victoria Young 23 Apr 2020
NZX hires EY to review clearing system glitches
Services

NZX hires EY to review clearing system glitches

Stock exchange operator NZX said it has hired accounting firm EY to conduct an independent review of its technical problems over the last six trading days and is reviewing a range of hardware upgrades to increase processing throughput.It is also working with clearing system vendo...

Jenny Ruth 22 Apr 2020
Spark keeps earnings, dividend guidance as covid-19 dents sales
Services

Spark keeps earnings, dividend guidance as covid-19 dents sales

Spark New Zealand still expects small earnings growth and plans to keep paying dividends, despite the covid-19 pandemic and national lockdown denting sales. The country’s biggest telecommunications company reaffirmed guidance for earnings before interest, tax, depreciation, am...

Paul McBeth 22 Apr 2020