Banking giant BNZ’s chief executive Andrew Thorburn has urged the government to overhaul the tax laws to control the property market and encourage other forms of investments, such as shares and term deposits.
In a recent TV interview, Mr. Thorburn said New Zealanders were not saving enough, and the government should step in to encourage them to save more.
He stressed that there was a need for some structural reforms in the tax system so that people could be incentivized to save more.

It was on May 1, 2012, when Aimee Copeland, a student from University of West Georgia, was out with her friends at Little Tallapoosa River. In an accident, the homemade zip line, which Copeland was holding snapped and Copeland suffered 22 stitches.

With rise in population and increased chances of world suffering from hunger, the U. N. Food and Agriculture Organization have come up with a report revealing about the next best food option.

It is none other than entomophagy, which is consumption of insects. Though the topic may shock a number of people, it has been seen that many people do eat insects in countries like Thailand and South Korea.

According to a study, alcoholics who smoke suffer more problems related to their memory, ability to think quickly, efficiently and problem-solving skills. The study observed the interactive effects of smoking status and age on neurocognition in one-month-abstinent alcohol dependent individuals in treatment.

An independent investigation has been launched by Manitoba Health after allegations against the leadership of a group of Winnipeg personal care homes. Health Minister Theresa Oswald said that there were allegations of financial mismanagement, allegations of intimidation and some allegations of nepotism.

Dr Sam Coulter Smith, master of the Rotunda Hospital, has raised concerns about one of the clause in the proposed legislation for abortion. The legislation proposes that on the grounds of suicidal intent, pregnancy termination should be given.