Money
Auckland Councillor Maurice Williamson on cutting costs
Auckland Council's fiscal hole just got $25 million deeper overnight according to the Mayor.
Wayne Brown says the Reserve Bank forecasts unveiled yesterday have blown the city's budget shortfall out… Video, Audio
Rents back at all-time record high - TradeMe
The national median weekly rent was back at its all-time high of $580/week in October, according to TradeMe's listings.
The company's property sales director Gavin Lloyd spoke to Charlotte Cook about… Audio
Pay equity deal to extend to community and iwi social workers - Minister
The government has announced a pay equity deal for community-based social workers expected to benefit 4600 employees.
OCR hike: What we know so far and what is being said
The Reserve Bank is asking people to slow spending and prepare for a recession after hiking the OCR yesterday. Here's what we know so far. Audio
Mortgage holders under pressure as rates rise
Pressure is increasing on mortgage holders due to economic turmoil. Interest rates are continuing to rise and the Reserve Bank is predicting a recession for next year.
Loan Market mortgage adviser… Audio
National Party to reconsider tax policy after OCR hike
The National Party says its being forced to reconsider axing the top tax rate because the economy is in worse shape than predicted.
The Reserve Bank yesterday raised the official cash rate by the… Audio
Aucklanders preparing for interest rate rises
Tighten your belts and prepare for recession - the Reserve Bank's hawkish move to turbo-charge interest rates doesn't stop here.
After raising the wholesale interest rate 75 basis points to four and… Audio
Council of Trade Unions economist on OCR rise
The Council of Trade Unions says it's time for New Zealand's corporate tax rate to come under the blowtorch in the wake of the record Official Cash Rate rise.
CTU chief economist Craig Renney says… Audio
Retailers worried about rising crime and lower spending
Retailers are dealing with a dual crisis of rising crime and a rising Official Cash Rate.
A shopkeeper in Sandringham, Auckland was fatally stabbed on Thursday morning.
And the Reserve Bank has… Audio
More pain on way as mortgage owners face rates hikes and expected recession
A mortgage advisor says small business owners are particularly nervous about the impact of the increasing mortgage rates, while homeowners face a precarious battle to afford repayments. Audio
Glengarry Wines' stores hit 42 times with ram raids, robberies
One of the country's oldest family run wine retailers has had a belly full of ram raids on their business, releasing footage of the smash and grabs in a bid to spark some action.
Glengarry Wines has… Video, Audio
National's tax plan under review after economic forecasts
Much of National's tax package is now under review after the shock economic forecasts, with the plan to scrap the top tax rate on the chopping block.
The government's defending higher interest rates… Audio
Demand at Auckland City Mission unchanged since pandemic
The cost of living crisis is forcing many to turn to foodbanks for help to get through.
The Auckland City Mission says before Covid-19, it was providing about 500 food parcels a week for families.
… Audio
Subscriptions getting out of hand for many - ASB
Signing up for a free trial for the likes of streaming apps or maybe astronomy apps, Fitness Apps and many more might seem harmless but according to recent research they are leaving many customers out… Audio
One in five people unaware of all subscription plans they pay for - survey
A survey conducted by one of the country's biggest banks shows one in five people are paying for subscriptions they don't use.
Housing market confidence expected to take another hit
Buyer confidence in the housing market is likely to take another hit if a forecast official cash rate hike happens this week.
The Reserve Bank is anticipated to raise the OCR again tomorrow - with… Audio
Health minister responds to GPs warnings of underfunding, short-staffing
Doctors are telling the government general practices are stretched and under threat due to workforce shortages and underfunding.
The General Practice Owners Association has sent an open letter to the… Audio
Scott Pape: Teaching kids to be money savvy
The Barefoot Investor – a best-selling book by financial advisor Scott Pape – is said to be in one in 20 Australian homes. Pape's new book Barefoot Kids is about children and money. Audio
Jacob Silverman: cryptocurrency and the golden age of fraud
The spectacular and sudden collapse of $32 billion cryptocurrency exchange FTX this month is potentially a pivotal event for the industry - a 'Lehman Brothers' moment. Audio
Cop27 finale: Leaders debate climate damage funding for Pacific nations
After two weeks of negotiations at the climate talks at an Egyptian resort, it's now down to the wire.
