Money
RBNZ keeps cash rate steady, on hold for longer
The Reserve Bank (RBNZ) has held its cash rate unchanged amid softening economic growth and stronger inflation, but signalled it expects to keep rates low for longer.
China's Pacific aid dominance overstated - Lowy report
A new report reveals China is not spending as much aid money in the Pacific as some thought. Data from Australian think tank the Lowy Institute shows New Zealand and Australia have pumped the vast… Audio
Taxi drivers compensated after paid below minimum wage
Dunedin taxi company Southern Taxis has been ordered to pay four former drivers almost $100,000 in arrears over minimum wages and holiday pay underpayments. The Employment Relations Authority… Audio
China's aid dominance overstated - Lowy Institute report
It's been revealed China's aid dominance in the Pacific is overstated. The Australian think tank the Lowy Institute has crunched seven years of data covering 13,000 projects in 14 Pacific countries… Audio
'Relief' as ANZ bank scraps sales targets
An ANZ worker says there was enormous relief yesterday when the bank announced an end to front-line sales targets. The union for many banking workers says the move could mark the beginning of the end… Audio
Moves made to bring open banking to New Zealand
Fancy your own personal banker? Someone who keeps tabs on your spending, makes sure your bills are paid on time, and that you're getting the best deal on your mortgage? But, how do you feel about… Audio
Residential care subsidy rules 'too tough' - Dementia NZ
A dementia advocacy group is warning a growing number of families face care bills of several hundred dollars a week because their elderly parents have too much money in assets to get government… Audio
Horowhenua Mayor under fire over discretionary fund
The mayor of Horowhenua has lost power over his discretionary fund after documents show more than half of its payments last year didn't meet the fund's criteria. But Mayor Michael Feyen, who approved… Audio
Looming housing crisis for over 65s - Retirement Commissioner
The retirement commissioner is warning of a looming housing crisis for over 65s as home ownership rates decline and the number of pensioners is set to almost double over the next 20 years. Audio
Builders breaking law by not using trusts - survey
A new survey suggests a quarter of builders are breaking the law by not holding money in trust for subcontractors. This comes after the painful failures of two building firms this week. It's reported… Audio
Your Money with Mary Holm: Avoiding scams
Everybody, can be victims of money making or investment scams, fraud, or bad deals. This week on Your Money with Mary Holm, she offers advice and information on warning signs and some known scams. Audio
Superannuation not enough for basic retiree lifestyle
The amount of money needed by retirees to have a basic lifestyle is growing, but there are signs people are coping. Audio
Govt sets target to end pay gap in public service
The public service has two-and-a-half years to end pay discrimination against women, and to make flexi working hours the norm, the government announced today
Sky-high NZ construction costs 'here to stay' - expert
Staying with building, the construction industry is warning there is no end in sight to the high costs that are holding up some building projects. Industry insiders say building materials and labour… Audio
Nurses consider fifth pay offer from DHBs
It's not yet clear if nurses will agree to the latest pay deal their union has reached with District Health Boards. They have rejected two previous offers the Nurses Organisation recommended they… Audio
Living and retiring in debt
With the up-coming review of the rules governing borrowing and lending, the National Building Financial Capability Trust says it is seeing an increase in people entering retirement owing money. The… Audio
World Economics: Brexit and Trade Wars
Nights' Economist Brian Easton is back with us once again. Tonight he's discusses world economic trends and if we can predict them. Audio
The lie that is "self-made"
An article has outlined the reality behind the title of 'self-made' billionaires. It highlights how discussion about wealthy people often ignore the many people that have helped them achieve success.
…Insight: Money Laundering in NZ
New anti-money laundering regulations have come into effect. But some question if they will make any difference. Jeremy Rose investigates money laundering in New Zealand and the attempts to counter… Audio
We never see MPs striking over salaries ...
We mentioned again yesterday while talking about police pay that there used to be parity between the wages of MPs and the wages of senior teachers, and more parity between the wages of teachers and… Audio