Money
NZ economy weaker than expected, latest GDP data shows
The economy unexpectedly contracted at the start of the year as consumers controlled their spending, exports dipped, and primary industries produced less.
House prices keep falling
House prices are continuing to fall and houses are taking longer to sell.
In the latest Real Estate Institute price index, the median in Auckland fell 1.9 percent from a year ago to one point one… Audio
Wellington hospital sending patients to private MRI
Wellington hospital is being forced to spend millions of extra dollars sending patients to private hospitals for MRI and CT scans as its old scanning machines fail to cope.
The average waiting time… Audio
Crime victims missing out on help as officials work to keep in budget
Victims of serious crime are missing out on critical help because of what Justice officials themselves admit is an unethical approach to keep within budget.
The admission is in a Budget bid document… Audio
US Federal Reserve announces 75 basis point interest rate hike
The US Federal Reserve has just announced it's hiking its core interest rate by 75 basis points and it won't stop there, with further increases expected.
This figure has been speculated for days… Audio
US Fed hikes interest rates 75 basis points
The US Federal has made the decision that's had the market in turmoil for days.
As expected the central bank has hiked interest rates by 75 basis points.
The US market has bounced around for days… Audio
Rapid rise of diesel prices to put pressure everywhere - AA
The rapidly rising price of diesel is going to put more pressure on household budgets as it filters through into almost every corner of day to day life, according to the AA.
Per litre diesel has gone… Audio
Investors warned of more New Zealand share market volatility, further drops
The rout of the New Zealand share market has continued, with another torrid session sending it to its lowest level in more than two years.
Steep vegetable prices drive growing interest in seeds
Sick of paying the high prices being asked for vegetables in supermarkets? Well, you could always join the growing army of people who have decided to grow their own.
Food bills up as inflation hits groceries, takeaways
Food inflation has picked up again after a brief dip with broad based increases driving up the rate.
'Everyone's a bit spooked': Inflation woes hit crypto, share markets
The crypto market nose-dived overnight, with investors panicking over high US inflation, which led to a bank-style run on a major crypto lending platform.
Simplicity asks Fletcher Building for explanation over GIB
Kiwisaver provider Simplicity is asking for a please explain from Fletcher Building over the GIB board debacle. Simplicity has 35 million dollars wrapped up in Fletchers, equating to a 0.8 percent… Audio
KiwiSaver funds: Simplicity tops poll as banks fare poorly
A new survey has revealed that New Zealanders prefer to invest in KiwiSaver funds that are not operated by major banks.
Chch stadium: Complaints about lack of progress 'totally justified'
Crusaders' bosses have distanced themselves from their coaching teams' criticism of Christchurch officials around the planned stadium.
'Rushed attempt' to fix credit rules falls short - Bankers' association
The government has relaxed consumer lending rules blamed for making it harder for people and businesses to get credit, but there are already complaints they do not go far enough.
Court told NZ First Foundation donors wanted to fund Peters
The High Court has heard from New Zealand First Foundation donors who believed the money they gave the foundation was actually going party leader Winston Peters.
Two men are on trial in Auckland this… Audio
NZ First supporters intended Peters to be recipient of donations, court hears
The High Court has heard from New Zealand First Foundation donors who believed they were giving money to party leader Winston Peters.
RBNZ to reduce stockpile of govt bonds
The Reserve Bank next month will start reducing the $54 billion stockpile of government bonds acquired during the initial outbreak of Covid-19.
Nearly 90 percent of employers intend to raise salaries - survey
Recruitment firm Hays has released a survey showing 88 percent of employers intend to raise salaries in the coming year. Audio
Non-bank lending sector sees growth
The non-bank lending sector is expanding as property developers find it harder to secure loans from traditional banks.
