Money
Midday Business News for 22 October 2021
News from the business sector, including a market report. Audio
Cash grants on way for those hardest hit by Covid-19 restrictions
More low-income households struggling because of lockdown will soon be able to get hardship support from Work and Income.
Wellington Council looks to fix skyrocketing rent
Wellington's social housing tenants are being called on to help find a solution to the rocketing cost of council rent. The council discounts from market rates, but it's still far too costly for many… Audio
'Big John': Triceratops fossil sells for millions in Paris
The bones of a dinosaur named "Big John" have sold for nearly 11 million New Zealand dollars at an auction house in Paris.
Somebody is now the owner of the fossilised remains of the largest and most… Audio
MindTheGap: Campaign promotes wage gap, especially for Māori and Pasifika
The year-long MindTheGap campaign is asking workers to fill out a registry with details of their pay rates ahead of the 50th of the anniversary of the Equal Pay Act.
Your Money with Mary Holm
Today Mary is talking about IPO FOMO. Translated it means Initial Public Offerings when a new stock is launched and people feel they need to invest in them because everyone else is! She talks about… Audio
Troubled property giant China Evergrande abandons $3.6b sale of stake in key asset
Teetering Chinese property giant China Evergrande formally has abandoned plans to sell a $3.61 billion stake in one of its key units.
Outgoing FMA head says hard yards yet to be done
The outgoing head of the Financial Markets Authority says there are plenty of hard yards yet to be done to improve finance sector behaviour.
Rob Everett leaves at the end of the month after seven… Audio
$42m lotto winner rakes in second highest prize in history
A single winner has won more than $42 million in tonight's Lotto powerball.
Super Fund commits $300m to drive Warkworth property development project
The New Zealand Super Fund has joined forces with a local property developer to help tackle the country's housing shortage.
New Zealand pension system drops in world rankings
The annual Mercer CFA Institute Global Pension Index places New Zealand at 15th, down from 10th place last year.
Families across NZ struggling to afford food - budget advisor
An Auckland budgeting services trust says something needs to change - and fast - to help families struggling to feed themselves as food, fuel and housing prices increase faster than income.
Mangere… Audio
Midday Business News for 20 October 2021
News from the business sector, including a market report. Audio
Evening business for 19 October 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6277785083001 Video, Audio
Auckland's Basement Theatre closes for rest of 2021
An Auckland theatre has drawn the curtains on the 2021 season - saying even level two would be too hard to operate in.
The Basement Theatre in the central city hosts performances from theatre makers… Video, Audio
Labour, National team up to slash housing density red tape
Labour and National have put their differences aside to slash red tape around housing density, with the aim of making it easier and cheaper to build new homes.
New rules will allow up to three… Audio
KiwiSaver withdrawals on the rise as lockdowns cause financial hardship
Disputes resolution organisation Financial Services Complaints has recorded an increase in complaints from people who have failed to access money on hardship grounds from their KiwiSaver provider.
Economists warn rising inflation prices here to stay
Previous claims that a spike in inflation would be short lived are being discarded as economists now warn that rising prices are here to stay.
Inflation has hit its highest level in a decade with… Audio
Pacific countries need more help dealing with climate change
New Zealand is committing $1.3 billion over four years to support countries most vulnerable to climate change - at least half of that money will go to the Pacific.
The announcement comes ahead of the… Audio
High inflation forces families to choose between basics
The rising price of food, housing and construction are pushing up the rate of inflation, to 4.9 percent year on year.
But there are concerns many people's wages are not keeping up with those rising… Audio
