Money
Life insurer AIA admits false and misleading statements
One of the country's largest life insurers AIA has admitted to making false and/or misleading statements to customers.
NZ food dominated by supermarket duopoly - commerce report
A draft report released this morning by the Commerce Commission says the two supermarket companies Foodstuffs and Woolworths have an effective duopoly over the grocery sector in New Zealand.
That… Audio
Evening business for 29 July 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6265679213001 Video, Audio
'I think we all want a better deal' - Clark
Supermarket operators not behaving as they should need to analyse whether they have consumers' best interests at heart, Commerce and Consumer Affairs Minister David Clark says.
US Senate advances roughly $1 trillion bipartisan infrastructure bill
A roughly $1 trillion bipartisan infrastructure investment bill has advanced in the US Senate, passing a key milestone that moves the emerging legislation toward formal debate and possible passage.
Your Money with Mary Holm
Today Mary Holm talks to Jesse about online share trading. She says research shows that nearly 40 percent of adult New Zealanders use or plan to use micro-investing platforms. Audio
Expert on supermarket study release
The Commerce Commission is set to unveil a long-awaited market study into grocery pricing in this country.
New Zealand's grocery and supermarket scene is dominated by two main retailers - Countdown… Audio
Police Association urges Government to fund more recruits
The Police Association is urging the Government to pay for more police recruits as dozens of officers leave the force.
Nearly 170 frontline officers left their jobs between March and July this year.
…NZ Rugby chief happy with INEOS deal
New Zealand Rugby says its new sponsor, petro-chemical company INEOS, is committed to becoming more sustainable and on balance it is worth the possible backlash to work with them.
A six-year… Audio
Industry sector survey shows backing for mandatory KiwiSaver
There appears to be overwhelming support to make KiwiSaver a mandatory saving scheme, according to an investment sector survey.
Evening business for 27 July 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6265377132001 Video, Audio
Incomes of seniors worst affected by low interest rates, study finds
The incomes of older people without a mortgage have taken the biggest hit from low interest rates.
Covid-19: Pandemic forced more children into poverty - report
Covid-19 may have tipped 18,000 more children into poverty.
The Child Poverty Action Group says its modelling shows more whānau have been doing it tough since the nationwide lockdown - with Māori and… Audio
Evening business for 26 July 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6265238715001 Video, Audio
Consumer data right overdue, but privacy crucial, advocates warn
Consumer advocates say individuals and companies need greater access to data that is held about them, but warn privacy issues need to be considered carefully.
Buy now, pay later services boom, calls for greater regulation
A boom in the use of buy now, pay later products has prompted warnings of people falling into financial hardship and growing calls for the sector to be regulated. Buy now, pay later companies such as… Audio
'Risky' to put councillors back in charge in 2021 in Tauranga
Six months after Crown appointed commissioners took over at Tauranga City Council, local leaders want their stay extended.
The four commissioners are supposed to stay on until local government… Audio
Govt lending for quake prone apartments not working - resident
Not a single cent has been cashed out from the Government's $23 million loan scheme for those living in earthquake-prone apartments.
Official figures show only 35 people have registered their… Audio
Errors cost MSD $22m in five years
The Ministry of Social Development has written off more than 42,000 debts caused by "office errors", totalling $22.6 million over the past five years.
The evolution of human fatherhood
Human fathers put more time and energy into rearing their offspring than most other mammalian dads. Dr Lee Gettler is an anthropologist who focuses on fathering and the biology of fatherhood. He's… Audio
