Author: DBB
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Gary Vee & Howard Lutnick
I found this two part Youtube conversation interesting and you might too. Part 2:
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Sport Report – 25 Oct 2024
Cricket White Ferns WORLD CHAMPIONS!!! Congratulations to the White Ferns for winning the T20 World Cup. With the run of losses leading up to the World Cup it was never expected that they would win it. Great things can happen when you believe in yourself and the steps you are taking when moving towards your…
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Online charity lotteries extended
Registered charities can continue to advertise online lotteries. The current change in legislation allowing charities to run online lotteries was set to expire at the end of October. This is a permanent change in legislation which will enable the charities to continue advertising and selling via online channels. There are currently 46 organisations licensed to…
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AI Safety in NZ
The NZ government is joining the UK’s Bletchley Declaration on Artificial Intelligence (AI) Safety. This is an international agreement around the potential benefits AI offers for society. To ensure this is done in a safe manner, AI must be designed, developed, deployed and used responsibly and safely. It must also be people focused and ensure…
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Cut price Lunches
The government has announced the cost of providing school lunches will now cost $3 per student. Previous costs of providing lunches were up to $8.68 per student. This is an annual saving of $130 million and is more than was expected in the budget release. They have managed to make these savings by using supply…
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Making land acquisition easier
The government is considering a review of the Public Works Act which has recommended lowering the thresholds for acquiring land. The current rules require a high standard of national and regional significance before allowing the land acquisition to take place. By making this process simpler, the infrastructure projects will enable a lift in productivity as…
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Sport Report – 18 Oct 2024
Cricket White Ferns The White Ferns won their last two pool games and made it into the semi-final to face the West Indies. Three teams were tied on 6 points in pool B with England missing out on net run rate. India were close to beating Australia which would have tied three teams in pool…
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Benefit Sanctions
There was a 133.3% increase in the number of benefit sanctions being issued over the last year. The September quarter saw 18,516 people cancel a main benefit, an increase of 12.7% on last year. At the end of September, the benefit snapshot shows 391,224 people were receiving a main benefit. This is 12% of the…
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Cybercrime
The NZ government has joined up to the Council of Europe Convention on Cybercrime. The aim is to align countries in the fight against cybercrime by increasing cooperation in investigations. This is the only binding international treaty on cybercrime. The stats show 11% of kiwis were victims of fraud and cybercrime in 2023. By joining…
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A ChatGPT Guide to Share Investments: Growth and Defensive Stocks
Overview Share investments are a vital part of wealth building, providing a way to participate in the growth of companies and the economy. But navigating this world requires an understanding of different investment strategies, stock categories, and investor approaches. Let’s dive into the types of stocks and strategies used by some of the world’s top…
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Cutting the red tape
Regulatory changes. The government is in the process of reforming and relaxing the AML rules (Anti-Money Laundering). The aim is to cut the red tape to streamline the process of applying the AML for simple transactions. The reforms will be implemented in three steps. These measures should reduce wasted time form filling for the sake…
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Sport Report – 11 Oct 2024
Cricket White Ferns The White Ferns got their T20 world cup off to a great start by beating India by 58 runs. India are the number 3 ranked T20 side so that would have been confidence boosting for the team. Unfortunately, the White Ferns got smacked by 60 runs to the number one ranked side…
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GST on managed funds
A consultation on the GST treatment for managed funds is currently being conducted by the IRD. The previously proposed legislation on the treatment of GST on managed funds was introduced to parliament in August 2022. This caused some outrage at the time as it would drive up the costs of administering Kiwisaver accounts. As individuals…