Money
Wayne Brown reiterates intention to sell all shares in Auckland Airport
The Auckland mayor says he is going ahead with his mayoral budget, with a few changes made after listening to submissions. Audio
Akld mayor calls some councillors "not financially literate"
Auckland Mayor Wayne Brown blocked various media outlets from attending this morning's budget annoucement where he critiscised some of his councilliors, calling them "not financially literate". In the… Audio
Fewer people in arrears as households adjust to 'tough times', data shows
Households look to be managing their debt more carefully with a slight fall in the number of people in arrears and reduced demand for credit.
Are house prices finally bottoming out?
The fall in house prices may have bottomed out, according to latest housing data from realestate.co.nz.
The data suggests average asking prices may have hit the low point following what it calls a… Audio
Would selling airport shares resolve Auckland's budget hole?
This morning Aucklanders will be given an idea of what their rates rise could be, as the Council gets closer to finalising its budget.
Facing a $325 budget hole, Mayor Wayne Brown is expected to make… Audio
Strike action resumes as PPTA rejects government pay offer
Strike action will resume today after the secondary school teachers' union rejected a revised pay offer from the government.
Teachers will refuse to take year twelve classes today, with further… Audio
Millions of cyclone recovery dollars return to the Government
Millions of dollars of cyclone recovery funds are set to be returned to the Government.
$30 million was allocated to the Hawke's Bay Chamber of Commerce to distribute to locals in need, but only 87%… Audio
University of Otago staff, supporters make a stand over job cuts plan
Hundreds of protesters marched against proposed job cuts at the University of Otago today.
Banks accused of intimidation by crypto currency dealer
One of the largest crypto currency dealers in New Zealand is calling out what it says is bullying behaviour by some of the biggest banks.
'Maori Millionaire' on her quest to encourage independence
Te Kahukura Boynton is working hard encouraging other young people to find their own financial independence and empowerment. Audio
Gore ratepayers likely to see 11.5% increase in rates
Gore's ratepayers are likely in for a rates hike of over 11.5% but will have little say in the matter, thanks to their dysfunctional council.
With months of strained relations between the mayor and… Audio
Auckland mayor to address $325 million budget hole plans
This morning, Auckland Mayor Wayne Brown is expected to unveil his plans to address a $325 million budget hole.
That will include a bid to sell off the council's 18% share in strategic asset Auckland… Audio
Will supermarkets freeze food prices this winter?
Countdown is promising it will again freeze some food prices this a winter.
But Foodstuffs, which followed suit last year, won't say whether it will bring back the same scheme.
Kirsty Frame reports.
…Cook Islands 2023 budget increases minimum wage
Cook Islands 2023 budget increases minimum wage. Audio
BNZ in court to terminate bank relationship with Gloriavale
The High Court has heard Bank of New Zealand cannot justify terminating its 40 year banking relationship with the Gloriavale Christian community.
The bank sought to close Gloriavale's commercial… Audio
Open banking coming to NZ mid-2024
Payments NZ said the four main banks will be ready by May next year to start implementing open banking.
Hawke's Bay Regional Council struggling to pay cyclone bill
Hawke's Bay Regional Council is worried the Cyclone Gabrielle response and recovery could leave ratepayers with a hefty bill.
A council report has revealed it's alreday struggling to get reimbursed… Audio
NZ dollar appeal down 3 percent after halt on further OCR hike
The Kiwi dollar is under pressure after the Reserve Bank effectively called a halt to further monetary tightening after its last 25 basis point rise to 5.5 percent last week.
Biden, McCarthy have tentative US debt ceiling deal
US President Joe Biden and top congressional Republican Kevin McCarthy have reached a tentative deal to raise the federal government's US$31.4 trillion debt ceiling, ending a months-long stalemate.
The Panel with Penny Ashton and Simon Pound (Part 2)
Today on part two of The Panel, Wallace and panellists Penny Ashton and Simon Pound discuss news that bank transactions will noe be processed seven days a week, whether or not zoos should be a thing… Audio
