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The New Zealand Superannuation Fund (Māori: Te Kaitiaki Tahua Penihana Kaumātua o Aotearoa) is a sovereign wealth fund in New Zealand.New Zealand currently provides universal superannuation for people over 65 years of age and the purpose of the Fund is to partially pre-fund the future cost of the New Zealand Superannuation pension, which is expected to increase as a result of New Zealand's ...
Date of Royal assent Notes Reserve Bank of New Zealand (Economic Objective) Amendment Act 2023 2023/64: 19 December 2023 Fair Pay Agreements Act Repeal Act 2023 2023/65: 19 December 2023 Land Transport (Clean Vehicle Discount Scheme Repeal) Amendment Act 2023: 2023/66: 19 December 2023 Secondary Legislation Confirmation Act 2023 2023/67: 22 ...
Members of the New Zealand Police Association vote to reject the Government's latest pay offer, which includes an overtime rate, NZ$1,500 cash payment and a pay increase for the third year. [ 119 ] 23 April – The Wellington City Council cancels a NZ$32 million agreement with cinema chain Reading Cinemas to refurbish and earthquake-strengthen ...
Budget 2024 is the New Zealand budget for fiscal year 2024/25 presented to the House of Representatives by Minister of Finance, Nicola Willis, on 30 May 2024 as the first budget presented by the Sixth National Government, [1] [2] ignoring the mini-budget they presented in December 2023.
Te Ara Ahunga Ora Retirement Commission (formerly Commission for Financial Capability), is a Crown entity under the New Zealand Crown Entities Act 2004. [1] The Commission provides financial education and information to residents of New Zealand, advises government on retirement income policy, and monitors the effectiveness of the Retirement Villages Act 2003.
The net Crown debt rose by 0.2% from NZ$57.5 billion in the 2017-2018 financial year to NZ$57.7 billion in 2019. [63] In response, National's Economic development spokesman Todd McClay claimed that the Government was not investing enough money in taxpayers and highlighted declining business confidence. [64]
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Investing over NZ$1 billion to increase staff wages and numbers for the 2023–2024 financial year, including NZ$63 million to improving staffing levels and recruiting 500 new nurses. [ 4 ] [ 1 ] Investing NZ$864 million in the delivery of disability services.