Social insurance could replace redundancy

Social insurance could replace redundancy
The jockeying has already begun on what the social insurance scheme should look like.
Paul McBeth
Business and union lobbies will work closely with the government in the coming months as they negotiate the details of the proposed public insurance scheme to protect workers who lose their jobs.Business NZ and the Council of Trade Unions had already been pushing for a social insurance scheme as a priority for the future of work tripartite forum in February last year, before the covid-19 pandemic forced the swift implementation of a wage subsidy scheme to save jobs and shore up business confidence.At the time, CTU president Richard Wagstaff and...

More Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA
Finance

Decision to cancel licence for crowdfunder Equitise ‘not taken lightly’ – FMA

Repeat offender Equitise facilitated two deals after it was deregistered last year.

Jem Traylen 17 Apr 2024
Central banks slowly winning war on inflation
Finance

Central banks slowly winning war on inflation

But policymakers remain wary of rising prices. 

Bloomberg 16 Apr 2024
Greenslade to step down as Heartland announces Aus leadership
Finance

Greenslade to step down as Heartland announces Aus leadership

Heartland expects to complete the Challenger Bank acquisition by April 30. 

Staff reporters 08 Apr 2024
Suncorp flicks Asteron Life for $410 million
Finance

Suncorp flicks Asteron Life for $410 million

The NZ insurer will continue to operate as a standalone brand.

Staff reporters 04 Apr 2024