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Super City rents hit new record

Economists wary of billion-dollar cost of raising sick leave

Economists wary of billion-dollar cost of raising sick leave 27 Jan, 2021 04:00 PM 6 minutes to read NZ Herald ANALYSIS The Government s decision to double minimum sick leave will cost a billion dollars a year, nearly 1 per cent of the country s annual wage bill, and will be borne by employers, according to bureaucrats estimates. The increase from a minimum of five to 10 days of annual sick leave, for which a bill was introduced in December, is the second and by far the most expensive of Labour s three main labour-market policy changes promised in the 2020 election. The extra sick leave is estimated to cost more than the minimum wage increase and the new Matariki holiday combined.

Business Scoop » Creative And Cultural Events Sector Fund Opens For Applications

Press Release – Ministry of Business Innovation and Employment New Zealands creative and cultural events will be able to apply for a funding boost to help them grow when the Creative and Cultural Events Incubator Fund opens on 1 February, the Ministry of Business, Employment, and Innovation announced today. … New Zealand’s creative and cultural events will be able to apply for a funding boost to help them grow when the Creative and Cultural Events Incubator Fund opens on 1 February, the Ministry of Business, Employment, and Innovation announced today. Susan Sawbridge, MBIE Manager Major Events said, “the events industry has had a tough year as a result of the impacts of COVID-19, so I am pleased to announce that the incubator fund will soon reopen for another round to help support our creative and cultural events.

Early work underway for revamp of Timaru s Theatre Royal

JOHN BISSET/Stuff Checking out the inside of the Theatre Royal before discommissioning work for a multi-million-dollar upgrade begins are Timaru District Council s property admin officer Davina Robinson, communications advisor Elizabeth Mullan and Nicole Timney, manager of property services and client lead. Work on the multi-million-dollar upgrade to Timaru s Theatre Royal has begun with physical work on the interior. The Stafford St theatre, a Category 2 Heritage building, needs significant work to bring it up to standard and has been closed since November 2019. Timaru District Council group manager for commercial and strategy Donna Cross said planning, procurement, consultation and interim design work has been underway for some time, while physical works focusing on the interior of the building are now underway.

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