Money
ANZ toughens deposit rules for investors - will it help?
New Zealand's biggest bank is ordering a bigger deposit from investors as a way to cool the overheated housing market. ANZ says its move will help first home buyers get into the market.
But will it… Audio
Sharesies co-founders on their mission to democratise investing
Brooke Roberts and Sonya Williams are part of the team driving the success of online investment platform Sharesies. The company was started four years ago by the pair and their other four co-founders… Audio
Govt pledges fund for Southern Response-affected homeowners
The government has announced a package which aims to pay out Christchurch home-owners who were short changed by Southern Response.
It has estimated about 3000 people will be eligible for the… Audio
Kiwis not confident businesses will pay back wage subsidy
A new survey from Research New Zealand has found that almost ninety percent of New Zealanders think we should take action against the big companies that appear to have profited from Covid-19 wage… Audio
How should NZ charge visitors to use public healthcare?
A woman who had a stroke while visiting New Zealand has exposed questions about who pays for the treatment of patients who are ineligible for publicly-funded healthcare.
Chinese woman Ms Jing, whose… Audio
Mallard's legal dispute cost more than $330k
Taxpayers have had to stump up more than $330,000 on a legal dispute sparked by Parliament's Speaker Trevor Mallard falsely accusing a staffer of rape.
Both the National and ACT parties say it's time… Audio
Shareholder bonus after record sales help boost Briscoe profits
The retailer Briscoe Group is going to pay shareholders a special dividend as sales leading into Christmas are outpacing last year's.
Te Pūkenga polytechnic's expected $29m deficit nearly half of previous forecast
The national polytechnic Te Pūkenga is expecting to end its first year of existence with a deficit of $29 million.
KiwiSavers unsettled by Covid switch funds, some miss out on rebound
Some KiwiSavers switched out of their funds, others stopped saving or held back on making investment decisions, and were still confused about what to do, an ASB report says.
ANZ predicting double-digit GDP rebound
The ANZ bank is predicting a double-digit rebound in GDP numbers out next week.
The bank says the economy has been surprisingly resilient, helped by success in containing Covid-19, and it expects GDP… Audio
Wealth gap between young and old growing - ANZ report
Intergenerational inequality is growing larger by the day and things will only get worse unless action is taken, an ANZ Bank report says.
Reserve Bank confirms LVRs on way back
The Reserve Bank has confirmed limits on risky property lending are officially on the way back, but does not expect they will have much impact on house prices.
Farmer confidence improves as demand increases
Farmer confidence has risen to its highest level since late 2019, according to Rabobank's latest quarterly rural confidence survey.
Debt reduction and saving crucial over next year, says CFC
Paying down debt and putting away savings will be critical for those attempting to bounce back from the Covid downturn, the head a Crown entity promoting financial education says. Audio
Trade battle worsens as China suspends more Australian beef imports
China has suspended the importation of more Australian beef, as a sixth supplier is affected in a country that is one of China's main meat suppliers.
Covid-19: A third of incomes still not at pre-pandemic levels, 11 percent severely reduced
A survey of 3600 households has found a third have not recovered their pre-pandemic income levels, and 11 percent are still on severely reduced incomes.
Two surveys were carried out by the Commission… Audio
Marketing expert on Safety Warehouse money stunt
The fake money drop over the weekend which turned in to a riot is now in the hands of the Commerce Commission.
The Safety Warehouse, which sells protective wear, advertised that $100,000 in cash… Audio
Carterton residents paying NZ's highest rates
Residents in Carterton are paying the highest average rates of anyone in the country, while rates in Central Otago are the lowest.
A report by the Taxpayers' Union and Auckland Ratepayers' Alliance… Audio
Bob Dylan sells rights to his song catalogue
US singer-songwriter Bob Dylan has sold the rights to his entire back catalogue to Universal Music Group (UMG).
One in 3 households earn less than in February due to Covid
A survey of more than 3600 households has revealed one in three are earning less now than they were in February due to Covid-19. Conducted by the Commission for Financial Capability, the survey found… Audio
