It was recently revealed by the Prime Minister Mr. John Key that there shall not be a compulsion laid on the KiwiSaver. A superannuation is thought of the view that that this scheme is absolutely essential and with the passage of time, the scheme is bound to go that way.

Government condemned Labour’s Capital gain tax policy by calling it not potential enough to raise funds. Capital gain tax on investments and properties is the key proposal of the Labour party which claims to rise over billions of dollars in the coming years. The proposed tax system will lay a tax of 15% on the profit made from selling an investment property.

Alsdair Thompson is currently under fire after a recent statement has caused criticism and anger, especially from the feminist society. During a radio interview Mr. Thompson suggested that women are paid less because they take sick day when they have their period and states that the EMA should act “decisively and robustly”.

Ray Avery, a philanthropist and a scientist has been made a knight in New Year Honours and earlier in February, he was honored as New Zealander of the Year by Prime Minister John Key.

For his philanthropic services, Sir Ray, 63 has been made a Knight Grand Companion of the New Zealand Order of Merit, one of the highest honors of the country.

The Retirement Commissioner wishes for that the administration should increase the age of pension to 67 by 2033.

Today the advice was completed in the three- annual Retirement Income Policy Appraisal that was nominated in Parliament.

Year 2010 has not been very good for many New Zealanders. While some have lost a lot in their life and pocket after the Canterbury earthquake and the Pike River coal mine disaster, there are others who are finding it hard to make their place in the tight labor market.

Many a small businesses are struggling after the earthquake and the young are at loss when it comes to employment.