The Government has announced the purchase of Kiwibank.

It was owned by ACC, the Super Fund and NZ Post, before being purchased for $2.1 billion.

Meanwhile, the bigger talking point for the Government was Gaurav Sharma.

Jacinda Ardern says the Government won’t be investigating the issue as she says no basis to his claims.

And the Government will also allow some sectors to pay 12,000 migrant workers less than the median wage to address workplace shortages.

It will also temporarily increase access to the Working Holiday Scheme to address the shortage of casual workers more generally. 

Deputy Prime Minister Grant Robertson joined Heather du Plessis-Allan.

LISTEN ABOVE

The Government has announced the purchase of Kiwibank.
It was owned by ACC, the Super Fund and NZ Post, before being purchased for $2.1 billion.
Meanwhile, the bigger talking point for the Government was Gaurav Sharma.
Jacinda Ardern says the Government won’t be investigating the issue as she says no basis to his claims.
And the Government will also allow some sectors to pay 12,000 migrant workers less than the median wage to address workplace shortages.
It will also temporarily increase access to the Working Holiday Scheme to address the shortage of casual workers more generally. 
Deputy Prime Minister Grant Robertson joined Heather du Plessis-Allan.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.