1:45 pm today

Midday Report Essentials for Tuesday 20 August 2024

From Midday Report, 1:45 pm today

On today's episode, the Minister of Finance is pointing the finger at the big four banks, accusing them of a lack of competition and dragging their heels when it comes to innovation in the sector, High wholesale power prices are reducing the deals that households can get on their electricity bills, according to the price comparison website Powerswitch, from the tense meetings between Maori and Kawanatanga - the crown on Monday - Tuesday is a different story as leaders from around the Pacific gather at Turangawaewae, and new research has found that despite the cost of living crisis, more New Zealanders are still managing to save for their retirement.