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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No grinches here: Mayor backs Christmas spend
Ashburton's mayor Neil Brown prioritizes community engagement over cost-cutting measures, allocating $30,000 for the Light up the Night Christmas event despite government pressure to reduce spending. The event, set for November 30, includes entertainment and the lighting of a giant Christmas tree in Baring Square East. Additionally, the NBS Ashburton Santa Parade, organized independently with council support, will take place on December 7 in the Ashburton Domain, showcasing a variety of themed entries and fostering...
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