Weekly Digest – 29 June 2022

Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward.

Businesses staying afloat despite end of pandemic assistance

The number of failed businesses is down 50 percent on pre-Covid-19 levels, according to new data from Inland Revenue.

Americans blame corporate greed on rising prices

Most economists say that corporate price-gouging is only one of many factors contributing to the cost of living crisis.

Falling world markets worry KiwiSaver investors

KiwiSaver investors are urged to stay calm as steep plunges continue across world markets. ANZ responded by saying that heightened concerns are understandable but investors need to take a long-term view.

Government ramps up access to immunisations

The government announced on Monday that more free flu vaccines and Covid-19 boosters are now available to certain groups. Details about the expanded program can be found here.

Wellington and Auckland both tumble in most liveable city rankings

Several factors contributed to the fall in the rankings, which measure several different aspects of city living. Both cities recorded placements in the top 10 last year.

Lack of legislation requiring companies to report on gender pay inequality problematic in New Zealand

An Equileap survey has revealed that New Zealand is behind the rest of the world when it comes to requiring companies to report on the gender pay gap, which may hide issues of pay inequality.

Less private expenditures claimed since initiation of hidden economy real estate campaign

The Inland Revenue campaign focused on the real estate sector has resulted in a drop in the amount of private expenses claims being made.

Finance Minister says correct amount of support being offered

Finance Minister Grant Robertson believes the Government has found the right balance in the support it has offered Kiwis as costs continue to increase. He went on to say that he is not surprised that consumer confidence has hit its lowest point since 1988.

Carbon credit market aims to increase native tree species

Carbonz, founded by climate change PhD student Finn Ross, initiated a scheme to bring buyers and sellers of native carbon credits together into one place. The goal is to get farmers to choose native plant species over pine trees.

Air New Zealand offering cash bonuses in attempt to find workers

After a major staff exodus during the Covid-19 pandemic, Air New Zealand is now offering up to $1400 to try to entice workers to the airline.

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