ASB joins ANZ in declining legal settlement proposal, as Winston Peters comes in to bat for them
ANZ declined similar settlement proposal earlier in the week. Source: NZ Herald Business News
ANZ dismisses $300m legal settlement offer as a ‘cynical’ attempt to influence law reform
ASB yet to respond to class action settlement offer. Source: NZ Herald Business News
Finance Minister Nicola Willis wanted tighter Budget lock-up, documents reveal
Treasury staffer also floated lock-up interview ban. Source: NZ Herald Business News
Unions tell Supreme Court Uber imposes ‘intensive’, ‘unrelenting’ control over drivers fighting to classed as employees
The Supreme Court is considering whether drivers are employees or contractors. Source: NZ Herald Business News
Supreme Court judges grill Uber on why it believes its drivers aren’t ‘employees’
Ruling has the potential to affect others in the gig economy. Source: NZ Herald Business News
Will the Reserve Bank hold the Official Cash Rate or cut it?
Slow growth and sticky inflation are key issues. Source: NZ Herald Business News
ACC to tighten claims process, reduce growth of people on long-term compensation
The state insurer has committed to 'ambitious' targets. Source: NZ Herald Business News
Reserve Bank’s Deposit Compensation Scheme finally launching – Kiwis’ savings to be protected
Will scheme change the way people manage their money? Source: NZ Herald Business News
Inland Revenue weighs up ways of hiking taxes to pay for ageing population
GST rate hike deemed a viable option. Source: NZ Herald Business News
Lawyer accuses Government of doing billion-dollar backroom deal with banks ahead of court case
Lawyer accuses Government of poor law-making process. Source: NZ Herald Business News