Money
Midday Business News for 28 April 2022
News from the business sector, including a market report, with Nicholas Pointon. Audio
Vital Healthcare raising funds to pay for expansion to South Island
The medical property investor is aiming to raise $200 million in part to buy facilities in Queenstown and Christchurch.
Retirement age renters priced out of NZ's biggest cities
Financial literacy advocate Dr Pushpa Wood says renters who are aiming to survive on super can no longer afford skyrocketing city rentals. Recent research commissioned by New Zealand Seniors in… Audio
Majority of investors expect KiwiSaver, funds to be ethical
A new survey shows nearly three-quarters of investors expect their KiwiSaver and investment funds to be invested ethically.
NZOG seeking $25m to pay for expansion plans
New Zealand Oil and Gas is the latest company to tap its shareholders for extra capital.
Corporate bonds back in fashion on back on rising interest rates
Corporate bonds are coming back into fashion as rising interest rates and uncertain economic conditions push companies to find alternatives to bank finance.
Tax bill won't work without changes to tax treatment - expert
A tax expert believes a proposed new bill aimed at creating a fairer, more transparent tax system won't work without other changes.
The "Tax Principles Act" would require regular reporting on the tax… Audio
Revenue Minister wants facts about tax
The Revenue Minister says he wants to get the facts out about tax, so politicians and voters can have a more informed debate about tax rules.
David Parker's proposed bill would require periodic… Audio
Elon Musk promising reduction to censorship on Twitter
Elon Musk has reached an agreement to buy Twitter for about US$44 billion - that's NZ$66.5 billion.
He is promising a relaxed approach to policing content. LA Times journalist Russ Mitchell says Musk… Audio
Tax data shortfall: Minister signals new requirements for IRD
Revenue Minister David Parker is proposing a new bill - called the Tax Principles Act - aimed at creating a fairer tax system.
HUHA animal shelter gutted after second robbery
An animal shelter and charity has been left gutted in more ways than one after thieves cleaned them out for a second time.
HUHA - Helping You Help Animals - was building new dog shelters for winter… Video, Audio
Farm worker salaries rose an average 14% in two years - survey
Rising salaries for farm workers are due to a tight labour market, forcing farm managers to do more to retain staff, according to Rabobank.
Caution urged for purchasers of non-fungible tokens
The Financial Markets Authority is warning buyers to be wary when it comes to purchasing non-fungible tokens (NFTs).
Midday Business News for 26 April 2022
News from the business sector, including a market report from Nicholas Pointon. Audio
Week in Politics: Inflation, inflation, inflation
Analysis - The prime minister smiled her way through Singapore and Japan this week but back home the highest inflation rate in a generation wasn't something to be happy about.
Consumer credit demand stays on the downward spiral
Omicron outbreak, rising interest rates and tough lending rules are affecting people's ability and appetite to borrow as consumer credit demand continues to plunge.
Florida lawmakers strip Disney of special tax status
The move comes in the wake of a political clash between the company and the governor.
Cheap eats as inflation swallows dollars
Rising food prices are making life even tougher for some New Zealanders.
The inflation rate on Thursday hit its highest mark in 30 years - a reflection of surging costs.
Stats NZ said food is close… Audio
Infometrics' Brad Olsen crunches inflation numbers
Inflation has hit its highest level in three decades, driven by the cost of fuel, food, and housing. The consumer price index, which was revealed yesterday, rose 1.8 percent in the three months ended… Audio
Inflation pinch for low-income families 'catastrophic'
Social service providers are concerned about the impact of the country's largest inflation rise in more than 30 years, saying many people are struggling with rising costs. Audio
