According to the Prime Minister John Key, the most recent inflation statistics depicts people are more affluent in the present Government. The yearly rate of inflation has descended to its low level in six-and-a-half years, up till now while the major quarterly hike in excess of two years was posted in the three months to 30 September.
John Key, the Prime Minister of New Zealand has said that the ongoing investigation into South Canterbury Finance will not be standing in the way to creditors' payments. The investigation is being done by Serious Fraud Office.
The Prime Minister has come out with a series of ideas for building up of the forestry sector in New Zealand.
Continued commitment to emissions and a slew of free trade negotiations are the two most important ideas that he has given and said that these areas should be focused properly.
John Key's hunger for profitable risk appears to have fade away as he happen to Prime Minister. 4 weeks have passed on by as South Canterbury Finance was inclining into receivership.
Although in spite of getting two more suggestion from Sydney-based investor Duncan Saville to obtain SCF as a "going concern", the Administration come out to be happening down the additional costly break-up pathway.
Looking at the huge loss that has been caused due to the Canterbury earthquake, the Earthquake Commission (EQC) has decided that it will be listening to all the claims related to the natural calamity. And it has given a time period of three months for going for all the settlement claims.
Industry observers believe that an analysis of all savings problems, including compulsory superannuation, would help the masses get a better perception of the core problems relating to retirement savings and investment.
Prime Minister John Key was right in recognizing that any answer to their savings problem must be 'home skewed'. Key found that New Zealand suffered from foreign debt and local savings problem.