Up to 600 broadband installation workers subcontracted by Chorus are being urged to sign a new contract that will lower their pay by up to 30 percent, according to E Tu Union
However, the review said an under-resourced, inexperienced, and, at times, impotent Reserve Bank could have done better in handling the failed insurance group.
Growth in house price values nationwide has almost slowed to a stop. House values in Auckland have continued to decline, while some regions remained hot.
A group of former shareholders in the Westland Dairy Co-operative want the Overseas Investment Office to halt or at least delay the sale of the troubled firm to a Chinese company until they have been paid fees they are owned.