Money
World economies battle Covid-19 threat
Pressure's mounting on the New Zealand government to give tax cuts and for the reserve bank to cut interest rates because of the economic risks posed by the new coronavirus. As the numbers and spread… Audio
Covid-19: US announces emergency interest rate
The United States Federal Reserve has announced an emergency interest rate for the first time since the 2008 financial crisis.
It has slashed interest rates by half a percentage point in response to… Audio
Ross Asset Management investors tell court of losses
Investors from the collapsed Ross Asset Management company have had their turn in court today, as their bid to sue the ANZ Bank is wrapped up.
Wellington financial adviser David Ross was jailed in… Audio
Charities could miss out on millions if banks scrap cheques
Charities that rely on cheque donations could find themselves scrambling around for millions of dollars as people move towards a chequeless society.
Ponzi scheme claimants' case too vague - ANZ lawyers
The bank has spent the day trying to convince the court a claim against it for damages related to the crash of the Ross Asset Management company should be ruled out.
Default funds to cease investment in fossil fuels
Mindful Money's Barry Coates joins The Panel to explain why Kiwisaver investments should be ethical, following the news default funds will no longer invest in fossil fuels. Audio
KiwiSavers now need to actively choose to invest in oil, gas
The Government has changed the rules for KiwiSaver and banned default funds from investing in fossil fuels.
Default investments are assigned to people when they register for KiwiSaver- some of which… Audio
Covid-19: Travel ban could cause job losses, universities warn
Universities are warning staff cuts could be on the horizon as they grapple with the financial losses from the Covid-19 travel ban.
Thousands of students due to begin their studies are still stuck in… Audio
New KiwiSaver rules to ban certain investments
The government is revamping KiwiSaver rules to ban investing in fossil fuels and illegal weapons, and improve investment returns.
Probability out the door with big Lotto prizes
Professor Marc Wilson joins the show to explain why we are so driven to buy lottery tickets for the 'big one', despite the fact the odds become even more astronomical than they normally are in weeks… Audio
Kiwibank says 'bye to cheques
Today is the last day Kiwibank will take cheques, after reaching what the bank has called 'a tipping point'. Audio
The workplace perk aiming to put payday lenders out of business
More than a million New Zealanders live paycheck to paycheck. Feeling terror trying to buy something two days before pay day.
New technology could be the solution. Nikki Mandow investigates... Audio
Your Money with Mary Holm
Financial journalist and author Mary Holm is in to tell us why she disagrees with the result of a recent FMA debate on passive versus active funds, including KiwiSaver. Audio
The retirees getting super while earning more than $100K
More than 30,000 retirees are getting their super while earning more than $100,000, and it's costing taxpayers more than half a billion dollars a year. Audio
NZ Super costs up as NZ retirees on $100k passes 30,000
The number of New Zealand retirees getting their Super while earning more than $100,000 has topped 30,000 - costing taxpayers more than half a billion dollars each year.
Figures released to… Video, Audio
$42 million Powerball prize up for grabs
Lotto stores are expected to be busy today with a $42 million Powerball prize up for grabs tonight.
If struck it will be the second highest Powerball prize in history - a couple from the Hibiscus… Audio
Govt considering law changes so small businesses are paid on time
Small Business Minister Stuart Nash says he is willing to legislate to ensure payments within 20 days with interest imposed for late payments.
Covid-19: Forestry industry calls for benefit stand-down exemption
The forestry industry is in disbelief that the government won't yet consider scrapping the benefit stand-down period for those who've lost jobs due to the Covid-19 coronavirus.
Finance Minister Grant… Audio
Child poverty no worse, no better - Children's Commissioner
No worse, but no better - that is the conclusion of the Children's Commissioner following the release of the latest child poverty statistics.
While the government is claiming it's lifted more than… Audio
Why you should always keep a $100 bill in your wallet
If you are the sort of person who keeps a $100 note in your wallet, you might be saving money without even trying. Professor Priya Raghubir from the NYU Stern School of Business joins the show to… Audio
