The government has officially approved a banking inquiry to investigate potential misconduct within the industry. This move comes after numerous scandals and controversies have plagued the banking sector in recent years. The inquiry aims to restore trust and transparency within the financial system.
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Watch: Govt planning massive overhaul of NZ’s pay equity regime
The New Zealand Government is planning a significant overhaul of its pay equity regime, which may complicate the process for people to file pay equity claims. This reform is expected to save the Government billions, potentially resulting in lower pay rates for workers in predominantly female sectors. The pay equity regime was established following a pivotal legal case by caregiver Kristine Bartlett, who highlighted gender discrimination in her pay under the Equal Pay Act, and...
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