Money
Evening business for 13 September 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6272271437001 Video, Audio
Kiwis sceptical house prices will slow down, ASB survey finds
The housing market is expected to continue to run red hot, despite looming headwinds, according to ASB's latest housing confidence survey.
Study shows Kiwis are more mindful about consumption
The Consumer Lifestyles Report (which has been running since 1979) was released from the University of Otago Business School this week. The report's aim is to provide insights into the lifestyles… Audio
Your Money with Mary Holm
Today Mary looks at ways to manage your mortgage in particular with an eye on interest rates which are predicted to rise in the near future. Audio
Digging into how By Now Pay Later operates
Listener Nick wanted to know how interest-free Buy Now Pay Later companies are financed, so we invited Tom Hartmann from Sorted on to explain. Audio
Increasing building costs another blow to first home buyers
The government's first home buyer grant for new houses is being squeezed by the rising cost of building materials. The cost of bricks, timber and steel is steadily rising, with price increases of up… Audio
Businesses want sector-specific support as wage subsidy bill rises
The government's wage subsidies bill has passed $1.2 billion.
The payout is supporting 838,000 employees, 117,000 self-employed people and 242,000 businesses.
The highest number of supported workers… Audio
Rise in complaints about insurance and financial services, but most not upheld
Consumer complaints about insurance and financial services have increased in the past year, most being unsuccessful because consumers didn't read the fine print.
Record amount of transport investment on the cards
A record amount will be invested in Transport Projects over the next three years through Waka Kotahi's National Land Transport Programme. The total $24.3 billion is a 44 percent increase on the… Audio
Building supply shortage: 'It's uncharted territory - I haven't seen this before'
House builders are being deterred from offering fixed prices on jobs by escalating prices and critical shortages of materials.
Fall in dairy and forestry demand hits commodity prices
Weakening demand for dairy and forestry exports saw commodity prices fall in August.
Midday Business News for 6 September 2021
News from the business sector, including a market report. Audio
'A bit of hope': locals deliver sense of fun as well as basic necessities
When the going gets tough, the Ōtara community gets going.
Govt's emissions trading scheme hit by speculators eyeing up 'easy money'
The integrity of the government's emissions trading scheme (ETS) has been called into question.
Apology for businesses hit by wage subsidy glitch
Businesses are being urged to get in touch with MSD if they could not apply for the wage subsidy last night.
RBNZ begins consultation ahead of tighter controls on home loan market
The RBNZ has opened a two-week window for consultations on halving the amount of low interest mortgages banks can make to owner-occupiers to no more than 10 percent starting from next month.
Credit scores remained stable in August level 4 lockdown - data
New data shows mortgage applications have fallen, alongside car loans, personal loans and new credit card applications..
Govt funding for gang-run meth treatment programme cleared
The Auditor General has told National Party MPs there was nothing wrong with two government payments made to gang members.
Auckland water charge hike 'wrong' - ex Watercare CEO
The former head of Auckland's water services says ratepayers face hikes in water charges that are wrong and unnecessary.
Water charges are forecast to double over the next decade, beginning with a 7… Audio
Confusion over university accommodation payments in lockdown
Some university students feel frustrated they weren't told what would happen to their accommodation payments before the 72-hour travel window shut two weeks ago, and are now feeling stuck in their…