Money
Sluggish economy, spending cuts loom
The government's books were opened up yesterday and it's not a pretty picture. Treasury is forecasting an economy facing two years of sluggish growth, rising unemployment and a prolonged contraction… Audio
Personal finance with Liz Koh
Most Kiwis think they won't have sufficient retirement funds and for many, they are right. So says the Financial Services Council in a recently released report from its Money and You research series… Audio
Evening business for 15 December 2023
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6343152006112 Video, Audio
Big power companies paying large dividends at consumers' expense - unions
Big power companies have been paying excessive dividends to shareholders for the past decade at the expense of consumers, an advocacy group says.
FirstCape: New investment entity will manage $44b worth of funds
The shake-up in the investment management sector continues with a second big merger in a week.
GDP falls back against expectations
The economy shrank in the third quarter as households spent less, exports fell, and manufacturing activity decreased. Stats NZ data showed seasonally-adjusted gross domestic product (GDP) fell 0.3… Audio
Flood-hit Akl homeowners struggling to pay mortgages and rent
Some Auckland homeowners are struggling to pay the mortgage on their storm-damaged homes, and rent for the house they're living in, after being denied weekly accommodation support. They want the… Audio
Supermarkets urged to enforce Everyday Low Pricing through holidays
Supermarkets are being challenged to offer consumers meaningful savings this Christmas, to help address cost-of-living pressures.
Finance Minister on pulling support for Cook Strait upgrade
Is KiwiRail's plans for a new green fleet of ferries absolutely sunk?
The government's refusing to kick any more money into replacing the aging Interislander ferry fleet following a massive cost blow… Video, Audio
Jump in mortgage arrears as interest rates bite
Higher interest rates and living costs are forcing more property owners with mortgages over $500,000 into arrears, according to new data. Audio
Changing Reserve Bank mandate 'pointless' - Hipkins
The Labour Party says the government's moves to change the Reserve Bank's mandate is pointless, and a backwards step. The bill, being passed under urgency through all stages, is the first piece of… Audio
Holidays Act proves continuing headache for Te Whatu Ora
Payroll experts warn Te Whatu Ora's more than two-billion-dollar backpay bill owed to staff will keep growing because the Holidays Act is not fit for purpose. As well as the amount owed for wrongly… Audio
Steep rise in financial hardship withdrawals from KiwiSaver
The Retirement Commissioner is joining budget advisors in raising alarm over the steep rise in people withdrawing money from Kiwisaver as they struggle with rising prices and paying the mortgage… Audio
'People up at night worrying' as retirement savings dry up amid cost of living crisis
The Retirement Commissioner is joining budget advisors in raising alarm over a steep rise in people withdrawing their savings from KiwiSaver as they struggle with rising prices.
IRD calls for $2 billion of Covid business loans to be paid back
More than 10,000 businesses have defaulted on $177 million worth of loans given out as part of the previous government's Covid-19 support package. Audio
IRD calls for $2 billion of Covid business loans to be paid back
More than 10,000 businesses have defaulted on $177 million worth of loans given out as part of the previous government's Covid support package. Two years on from the pandemic, IRD's now calling for… Video, Audio
Household costs forecast to rise $70 a week in 2024
Household costs are expected to rise $70 a week on average next year as high interest rates and prices keep the pressure on budgets, an ASB Bank report estimates.
Watch: How to spot a counterfeit note
A Waikato bakery is one of the latest to fall victim to counterfeit money amid a series of cases in the area.
Your Money with Mary Holm
Today Mary talks to Jesse about repaying debt and why wealth is a bit like a tank full of water. She's also urging people to avoid running up high-interest debt over the Christmas season. Audio
Hundreds of dollars of counterfeit notes found in Waikato
Hundreds of dollars of counterfeit notes have been palmed off in Waikato, with retailers being warned to keep a sharp eye out during the Xmas rush. Since October police say there's been seven… Video, Audio
