Property

"It is not a perfect measure, but it suggests residential property investor activity could have halved over the last decade."

by Greg Ninness

Banking

"ESAS 'allows approved non-bank entities to settle payments directly in risk-free central bank money without using a commercial bank as an intermediary,' the RBNZ's Steve Gordon says."

by Gareth Vaughan

Nigel Bickle

Govt warned about low-skilled migrants

Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals

29th Mar 16, 6:57pm

by Bernard Hickey

Treasury, MBIE warn Government that big influx of students and holiday-makers on work visas in low productivity jobs is reducing skill levels of migration programme; warns some employers taking easy, cheap option of migrants vs locals