Money
Govt warned off considering rent increase caps
The government's being warned off even contemplating capping rent increases, saying that would be a further devastating blow to property investors.
The impact on rents is just one of the topics that… Audio
Indications Bonus Bonds final tally will be rosy
People who left money in the now ended Bonus-Bond scheme look set for a windfall gain.
Precinct Properties paying $215m to end contract with AMP
Precinct Properties is taking back control of its management from AMP at a net cost of $145 million, which it said would save ongoing management fees.
Problem Gambling Foundation on Ōtorohanga pokie rules
A North Island council has voted to loosen the rules for gambling venues, moving away from a longstanding 'sinking lid' policy.
Public submissions on the Ōtorohanga District Council plan close on… Audio
Ōtorohanga District Council looking to increase pokie machines
A reformed pokie addict who spent 20 years on the slots wants a North Island council to bin proposed changes to its gambling policy.
Ōtorohanga District Council have voted to loosen the rules for… Video, Audio
Change to bright-line test not deterring buyers - agent
Investors who bought a house today will have scraped in on avoiding the government's extension to the bright-line test.
Your Money with Mary Holm - The Wisdom of listeners
Mary announces the winners of the 5 copies of her new book, A Richer You - how to make the most of your money. She'll share some of the wisdom in the winning entries and also some of the runners up. Audio
Westpac Bank considering pulling out of NZ
Westpac Bank is looking at the future of its New Zealand business, including a possible sale.
Wednesday's announcement landed on the same day the Reserve Bank told Westpac it must commission two… Audio
Westpac possibly leaving NZ a great opportunity - Banking expert
A banking expert is calling the possible sale of Westpac an exciting opportunity for the kiwi share market.
The Australian bank yesterday announced it had employed advisors to look at options, which… Audio
Covid-19 employment hardship: Where does NZ stand a year on?
Job losses have been nowhere near as bad as feared in the early stages of the pandemic, but the number of people on the main unemployment benefit remains well above pre-Covid-19 levels.
Senior manager redundancies cost ratepayers more than $300,000
Christchurch ratepayers forked out more than $300,000 in redundancy payments for three general managers on the city council's executive team.
Housing package opens door to investor angst, renter despondency
Real estate agents say the government's housing announcements are causing angst and confusion amongst property investors, with some dropping listings or trying to rush sales through.
Evening business for 24 March 2021
News from the business sector, including a market report.
[embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6243283954001 Video, Audio
Cheap Kmart blender fails after one week - Consumer NZ
Kmart champions "low prices for life" - just don't expect some of its products to last longer than a few years, let alone a lifetime, Consumer New Zealand warns.
Returnees must stay in NZ for six months for MIQ fees exemption
The amount of time returning New Zealand citizens and residents will need to stay in the country to avoid paying managed isolation fees is set to increase.
Tax specialist not happy with housing announcement
A tax specialist says the governments housing changes are too complex and have been rushed through.
Former Inland Revenue deputy commissioner Robin Oliver, who now runs his own tax advisory service… Audio
Ara Ake signs deal for energy start-ups to access global resources
Local energy start-ups are getting a chance to access global capital - but it may be easier said than done.
Aus, NZ tourism operators cautiously optimistic about bubble
Tourism operators on both sides of the Tasman are cautiously optimistic about the return of travellers with hopes a bubble will open sooner rather than later.
The Prime Minister has promised to… Audio
Govt housing measures not enough to help - first home buyers
Those struggling to afford their first home say the government's housing package does not go far enough to help them get a foot in the door and address the imbalance favouring speculators.
Landlords… Audio
Evening business for 23 March 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6242892867001 Video, Audio
