Keith McLaughlin: Centrix Group Managing Director on the IRD's planned crackdown on stubborn debtors
The Inland Revenue Department has launched some new steps in bringing down tax debt - with one scheme linked to a key credit agency. Following a successful pilot, the IRD will report more recalcitrant tax debtors to credit reporting agency Centrix. Centrix Group Managing Director Keith McLaughlin says this scheme is designed to bring down company debt at this stage, not personal debt. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Thomas Coughlan: NZ Herald political editor on the Government launching an inquiry into the Tom Phillips case
Strong signals from the Government suggesting the rights and privacy of the children will be paramount in the Tom Phillips inquiry. Police shot the fugitive dead in September after he was on the run with his kids in the Waikato bush for four years. NZ Herald political editor Thomas Coughlan explained what this case could uncover. LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Stephanie Tully: Jetstar CEO shakes off criticism from Air New Zealand
Business as usual for Jetstar, despite Air New Zealand taking a swipe at its airport discounts. Air New Zealand head Nikhil Ravishankar claimed airports are unfairly subsidising the Qantas-owned airline - on our most profitable air routes. BusinessDesk reports Ravishankar says that includes open-ended discounted landing rights and cost cutting deals. Jetstar CEO Stephanie Tully says they're just focused on running their own race. "The reality is, we've been trying really hard to make sure that we've got a great value proposition in the New Zealand market - and it's great that more Kiwis are giving us a go." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Ian Woolford: Reserve Bank Money and Cash Director on the RBNZ trialling a community cash depot project
The Reserve Bank is addressing concerns cash is becoming inaccessible by bringing money to rural communities. It has opened a 12-month trial of a cash depot in Hawke's Bays' Waipukurau - offering a closer site to make withdrawals. Local banks have recently closed, meaning the nearest ATM for locals is 50 kilometres away. Reserve Bank Money and Cash Director, Ian Woolford, says, currently, only businesses can use the depot for cash. "It's quite surprising, about a third of where people get their money from is actually from a retailer...but people might be noticing retailers are increasingly saying - well, we don't really want to accept cash." LISTEN ABOVESee omnystudio.com/listener for privacy information.
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Mike Colson: Stout Street Chambers partner on the class-action lawsuit over the Northland power outage
Businesses are taking class-action over a power outage to of all Northland last year - although the exact loss is still unknown. In June, an inexperienced worker removed nuts from three legs of a pylon, which toppled, cutting electricity to almost the entire region. An opt-out class action against Transpower and its lines maintenance contractor is progressing through the courts. Stout Street Chambers partner, Mike Colson, says losses will be calculated in due course. "It's giving Northland businesses an opportunity to be compensated - and second, an opportunity to incentivise those working on critical infrastructure to do a good job out of it." See omnystudio.com/listener for privacy information.
With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.
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