Motorcyclists Protest Christchurch ACC Levy Hikes Ahead of Court Challenge

Motorcyclists gathered at the High Court in Christchurch this week to challenge the legality of Accident Compensation Corporation (ACC) levy increases. Led by representative Chapple, the legal proceeding argues that the methodology used to calculate risk-based levies for motorcycles is irrational and procedurally unfair. While the court will determine the legality of the decision, Chapple … Read more

ANZ Hikes Mortgage Rates Above Competitors, Holds Savings Rates Steady

The financial landscape is shifting, and for many New Zealanders, the signs are appearing in their banking apps. When a major player like ANZ begins nudging its deposit and PIE fund rates upward, it isn’t just an isolated move—it is a signal. As central banks pivot to combat inflation, the dance between wholesale costs, mortgage … Read more

LA City Council Delays Wage Ordinance for Hotel and Airport Workers

The Los Angeles City Council voted 11-3 on Tuesday to amend the Olympic Wage Ordinance, effectively delaying scheduled pay increases for specific hotel and airport workers. The move comes as part of a high-stakes compromise to secure the withdrawal of a ballot initiative that sought to eliminate the city’s business tax. Under the revised schedule, … Read more