New Zealanders say cash is crucial and current payment options are not delivering what customers want, according to the Reserve Bank’s Digital Cash consultation. The Reserve Bank of New Zealand
The Reserve Bank of New Zealand – Te Pūtea Matua is continuing its exploration of a central bank digital currency and is now consulting on the proposed design features. Director
Rural New Zealand communities lacking commercial bank over-the-counter or ATM cash services will be invited to take part in trials starting next year of new ways to help individuals and
Launched late 2022, the two newest additions to the InvestNow Foundation Series Funds are a big hit with Kiwi investors, especially for those focused on long-term returns. The new Foundation
The Reserve Bank is seeking feedback on its proposed approach to the opportunities and challenges from new forms of private money such as cryptoassets, including stablecoins. Ian Woolford, Director of
A state-of-the-art tool to measure national inflation levels has been launched by two Massey academics. The Inflation Tracker is the brainchild of Professor Christoph Schumacher from the School of Economics
Three issues papers published by the Reserve Bank of New Zealand – Te Pūtea Matua have drawn strong support for ensuring cash remains available and accepted, and for the Reserve
As we enter the final weeks of 2021, leading business management platform MYOB has launched a new campaign designed to reward its New Zealand accounting and bookkeeping partners with some
The Office of the Auditor-General has recently updated its good practice guide on sensitive expenditure for public sector organisations. And there is plenty in it which can help any organisation
Incentive programmes with provision for clawback mean that when executives miss targets, their bonuses could be withdrawn, writes John McGill. A topic that draws mixed opinions, determining executive remuneration, can
How the performance of the top management team is dealt with is critical, because it’s absolutely linked with organisational success. By John McGill and Ann Hutchison. Dr Ann Hutchison, senior
An important part of the conversation around pay structures is how to make them transparent within the organisation and to what extent that should be facilitated. By Christine Whelan.
The New Zealand Venture Investment Fund and Launch Taranaki, the New Plymouth-based…
Almost $1 billion of goods get stolen from shops in New Zealand every year and the University…
Your employee’s financial concerns and problems are your problems too, writes Pushpa Wood…
Listed companies and other financial markets businesses will now have alternative options for…
A new edition of an investment guide into New Zealand’s fast growing technology sector…
A Bill to tackle money laundering and terrorist financing has been introduced to…
The FMA has published the final version of the guide into the FMA’s view of…
The global banking industry is changing as rapidly and decisively as it can keep up with the.
ANZ Bank New Zealand has announced a financial assistance package for customers…
Internationally there is discussion around CEO to general staff pay ratios. John McGill provides…
As the financial year end draws closer and with it the salary review, you want to reward your…
As technology provides consumers with new, smarter options, there’s been a seismic shift in…
The Financial Markets Authority (FMA) is encouraging consumers who are considering investing in bank capital notes to read its new guide on this type of investment product.
A new report by the Financial Markets Authority (FMA) shows the proportion of companies filing their financial statements on time has improved significantly since the FMA’s initial review in 2014.
Whether managing a SME or a large corporation, business success naturally flows from investing in the right growth opportunities to build shareholder value. Strategy is fundamental to maximising value, and businesses must develop a meaningful strategic framework.
The OECD set out final recommendations from the first half of its tax reform programme to tackle Base Erosion and Profit Shifting (BEPS) yesterday. PwC New Zealand Tax and Private
Local authorities’ spending on core services (operating expenditure) declined from $8.5 billion to $8.3 billion in the year to June 2013.
Organisations worldwide lose around five percent of their annual revenues to occupational fraud. Apply that to the world’s 2013 Gross Product figures and that translates to a potential total fraud of more than $4 trillion.
And the Government has asked The Productivity Commission to investigate ways to improve our public services given it has just completed an inquiry into boosting productivity in the nation’s market-provided services sector.
And while on topic of generosity, CEOs are getting even bigger pay cheques according to a new report by the US-based Economic Policy Institute. But ah, there’s another trend accompanying this totally unsurprising revelation: CEO pay is rising even relative to compensation for the top 0.1 percent of America’s earners.
Recruitment consultancy Robert Walters says half of 650 hiring managers they surveyed across the country plan to increase wages in the next six months. Of the other 50 percent, 49 are picking no change and one percent plan to decrease wages. The range of industries surveyed included fast-moving consumer goods, IT, media and professional services.
Chief executives should lead their organisational cybersecurity programmes. CEOs and senior managers must step up to the front line in the battle against cyber-attacks, according to a new report from global consultancy, McKinsey and Company.
Despite the millions, sometimes billions, of dollars spent on change management programmes, most fail.
The success rate of major change initiatives is just 54 percent according to a 2013 Strategy&/Katzenbach Centre survey of global senior executives on culture and change management.
And for a tad more on this topic take a look at what the Governor of the Bank of England, yes that’s right a banker, said recently on the threat posed to capitalism if ethics vanish.
The Productivity Commission has released a new report comparing consumer prices in New Zealand with those overseas. The report, by Victoria University’s professor Norman Gemmell, confirms what most Kiwis already know – that we’re a high prices nation.
A four-year political term might benefit New Zealand’s small and medium size enterprises, according to new pre-election research by Massey University finance lecturer Dr Chris Malone.
New Zealand managers must lift their game to garner productivity gains from new technologies, according to an OECD study released by the New Zealand Productivity Commission this month.
New Zealand and Australian banks are worried about regulation, pricing risk, political interference, Australasia’s economic environment and their own sales and business practices according to a PricewaterhouseCoopers global report entitled Banking Banana Skins 2014.
