Money
Hundreds of teachers underpaid and fix delayed
Hundreds - possibly thousands - of new teachers are being underpaid by up to $300 a week.
This woman says she is being paid about $300 dollars a week less than she should be.
It happens at the start… Audio
Complaints about internship programme at Arise church
Former members of one of the country's biggest churches say it spent the money it tithed from its members on grandiose services and huge fees for overseas speakers.
They say the glitter and freebies… Audio
Home buyers increasingly resorting to pooling their resources - bank
As first-time buyers look to break into the property market, more and more people are open to the idea of buying their first home with friends. Audio
Making the most of your retirement savings
In his new book, 'Cracking Open the Nest Egg,' financial planning expert Martin Hawes examines how New Zealanders can make their retirement savings last the distance. With Baby Boomers retiring en… Audio
BNZ customers left stranded by hours-long outages
BNZ said it was investigating a systems issue that affectrf online banking and some transactions.
Midday Business News for 14 April 2022
News from the business sector, including a market report. Audio
Price rises pushing NZers over the financial edge
The soaring cost of living is pushing people in precarious financial circumstances over the edge.
Fruit and veggie prices went up 18 percent in the last year; fuel costs are high; and inflation is… Audio
Nurses, National critical of low success rate of $300,000 recruitment drive
An overseas recruitment campaign targeting ICU nurses has employed just three people since it was launched two months ago.
Expert on Reserve Bank's 50 basis pt OCR jump
In the eyes of some economists, the Reserve Bank took a "sledgehammer" to inflation by raising the Official Cash Rate a further 50 basis points - to 1.5 percent.
CoreLogic New Zealand chief property… Audio
Food price rises: 'No matter how you cut it, it's clear that NZers are paying too much'
The annual food price rise announced today confirms the need to "rein in the super profits of the supermarket duopoly", Minister of Commerce and Consumer Affairs David Clark says. Audio
Commerce Minister on what's being done to lower food prices
If your growing grocery bill induces indigestion, figures out today confirm the biggest jump in food prices in more than a decade.
Proof, the government says, that supermarket super profits need to… Video, Audio
Economist worried as RBNZ takes 'sledgehammer' to inflation
Is the cost of food giving you a bellyache? Figures released today show prices are up 7.6 percent on the same time last year.
It's the biggest jump in more than a decade. Mortgages will be costing… Video, Audio
Midday Business News for 13 April 2022
News from the business sector, including a market report. Audio
'Stupid and uneducated' ruling: ACC may not cover public holiday wages
An overhaul of the Holidays Act has thrown up a new, curly problem that could cost employers.
Reserve Bank expected to lift OCR, but how much?
The Reserve Bank is expected to raise interest rates today with the only issue being by how much.
The bank has already clearly signalled that rates need to rise to counter surging inflation, which is… Audio
Holidays Act overhaul presents problem for employers
An overhaul of the Holidays Act has thrown up a new, curly problem that could cost employers.
Officials are belatedly advising that employers are liable for public holiday pay for a worker on ACC.
… Audio
Midday Business News for 12 April 2022
News from the business sector, including a market report. Audio
Consumer spending trend 'concerning' amid high inflation
ASB Bank says consumers have been slow to adjust their spending habits to higher inflation, rising interest rates and less government stimulus.
Nurse unions carrying out legal reviews on proposed pay equity deal
Two nurses unions are carrying out a full legal review of the proposed pay equity deal because of a backlash from members.
The Nurses Organisation says when the agreement - made to address the gender… Audio
Spending continues to slow as retail worries on the rise
Headwinds for the retail sector are intensifying with further evidence households are treading more carefully in their spending.
