The Treasury has issued a warning that the Government’s finances are on an unsustainable path due to the country’s ageing population. Treasury chief economic adviser Dominick Stephens highlighted the increasing number of people over 65 in New Zealand, emphasizing the need for policy changes to address this demographic shift. The speech was delivered at the Chartered Accountants Australia and New Zealand annual tax conference in Wellington.
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Black Friday sales: Buyer beware
Anna Hall was shocked to find that an oven she had been eyeing at Smith City was now priced higher during Black Friday sales, going from $2399 to $2719.20 with an alleged RRP of over $3000. Consumer NZ warned about misleading pricing tactics during sales events like Black Friday, emphasizing the importance of genuine discounts and time-limited offers. Retail experts noted that retailers may offer more aggressive sales due to tough market conditions, potentially leading...
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