The annual public transport fare adjustment in Auckland will see fare increases of 15 to 25 cents per bus and train journey, or 20c to $1.40 for ferry journeys. Auckland Transport is simplifying its zone systems and fare structure, resulting in fewer zones and fare decreases for some travellers. The changes aim to offset rising operating costs, with a focus on making fares simpler and more equitable for passengers as the city grows.
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Why Govt made a retrospective law change affecting a bank class action against ASB and ANZ
Government officials recommended a controversial retrospective law change to mitigate financial risks posed to ASB and ANZ from a class action lawsuit. Documents reveal concerns that lenders could face severe liabilities for past errors, potentially threatening their solvency and the stability of the New Zealand financial system. Need More Context? 🔎
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