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Government debt repayment ‘could rise to half’ of total taxes

Children and young people today could see nearly half of their taxes spent on servicing government debt, new modelling by a favoured Labour think tank has suggested. Research by the Institute for Public Policy Research, a left-leaning think tank that was formerly the workplace of several Labour ministers and advisers, has shown that debt interest [...]

Government debt repayment ‘could rise to half’ of total taxes

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Cost-of-living crisis hits casino operator SkyCity, hundreds of jobs at risk

SkyCity said it was reviewing its operating model amid "sustained pressure on customers' discretionary spending".

  • SkyCity casino operator may cut up to 200 jobs due to cost-of-living crisis
  • Restructuring impacts primarily Auckland precinct with 2,860 current staff
  • CEO Jason Walbridge says changes aim to simplify, strengthen SkyCity