News
September 2020 Update from Stephen to all our valued clients
Please watch the video below for a message from Stephen to all of our valued clients. Links to the websites referred to in the video below: Do Business online https://www.tools.business.govt.nz/do-business-online?utm_source=Newsletter&utm_medium=email&utm_campaign=BGAugust2020&utm_content=https%3A%2F%2Ftools.business.govt.nz%2Fdo-business-online Boss Burnout https://www.business.govt.nz/news/boss-burnout-spot-warning-signs-in-yourself/?utm_source=Newsletter&utm_medium=email&utm_campaign=BGAugust2020&utm_content=https%3A%2F%2Fwww.business.govt.nz%2Fnews%2Fboss-burnout-spot-warning-signs-in-yourself%2F Statistics NZ https://www.stats.govt.nz/experimental/covid-19-data-portal Disclaimer: The information and advice contained in this video and on this web site is general in nature and does not take into account your personal situation. You should consider whether the ...
ACC levy rates will continue for 2021/22
The Minister for ACC, supported by the Ministry of Business, Innovation and Employment (MBIE), has announced levy rates will stay the same until 2022.The Minister for ACC has announced levy rates will remain the same until 2022. The Government has made the decision to continue the current levies for the 2021/22 year as part of a set of changes to help ...
The Reserve Bank expands it's Balance Sheet
The Reserve Bank’s balance sheet will continue to grow as it supports the economy and financial system in response to the COVID-19 pandemic. In a speech to the ANZ-KangaNews New Zealand Capital Markets Forum, Assistant Governor Christian Hawkesby outlined how the Bank is using its balance sheet to achieve its monetary policy mandate of low and stable inflation and full employment, ...
New wage subsidy, leave scheme protects jobs and businesses
New wage subsidy, leave scheme protects jobs and businesses 930,000 jobs supported by new wage subsidy and existing extension Leave Support scheme simplified to encourage people to get tested Mortgage deferral scheme extended until 31 March 2021 Workers whose jobs may be affected by the re-emergence of COVID-19 in Auckland will be supported by a new wage subsidy scheme and a simplified leave scheme. The ...
Further easing in monetary policy delivered
The Monetary Policy Committee agreed to expand the Large Scale Asset Purchase (LSAP) programme up to $100 billion so as to further lower retail interest rates in order to achieve its remit. The eligible assets remain the same and the Official Cash Rate (OCR) is being held at 0.25 percent in accordance with the guidance issued on 16 March. Reflecting a ...