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Election year brinksmanship games are underway early with voters promised free doctor visits from one side and now a call for rate caps in 2027 from the incumbent government. Infrastructure New Zealand’s Nick Leggett warns that the Government’s proposed rate capping policy risks weakening councils at a time when the country urgently needs stronger, better-resourced local government to maintain and build the infrastructure that communities rely upon.
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Link Financial has partnered with AI technology company Afterburner to transform the workday for hundreds of advisers, loan writers and administrators in Link’s network. Afterburner automates administrative tasks including mortgage recommendations, analysing business financial statements, bank handover forms, compliance documentation and client interview notes, drafting mortgage applications and writing up expert-level communications to clients and banks. Tasks that previously could take up to a couple of hours can now be completed in seconds.
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McKinsey takes a 16-country look at the productivity of micro, small and medium-size enterprises which account for more than half of global GDP, make up more than 90 percent of companies worldwide and provide 21 percent of total banking revenue pools. New Zealand was not one of the study countries but Australia was and offers valuable information for SME on both sides of the ditch.