Money
Govt finds $4 billion in public service savings over next four years
The Labour government has found nearly $4 billion in savings across the public service over the next four years. It comes as the government's accounts for the eleven months to the end of May show tax… Audio
Evening business for 28 August 2023
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6335698871112 Video, Audio
Why a fifth of NZers are missing out on free Kiwisaver top up funds
Nearly a million Kiwis are missing out on tens of thousands of dollars at retirement, because they're failing to take advantage of Kiwisaver. A report by financial advisory service National Capital… Video, Audio
Rising profits responsible for over half of domestic inflation
New research has found rising profits have contributed to over half of domestic inflation in New Zealand during the cost of living crisis, according to a new report by FIRST Union, the Council of… Audio
One million fail to take full advantage of KiwiSaver - Report
A report by financial advisory service National Capital estimates nearly a million people are missing out on the government's annual contribution to KiwiSaver.
Warning of more defections as practice nurses, midwives accept pay deal
Thousands of general practice nurses and other health workers in primary care have voted to accept the government's pay offer.
Kiwibank posts record profit on back of interest rate rises, increased lending
Chief executive Steve Jurkovich said Kiwibank's home lending growth was better than the market.
Evening business for 23 August 2023
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6335396608112 Video, Audio
Retail spending continues to fall as economy contracts
Retail spending has slumped for the third consecutive quarter as the country faces a consumption recession.
Power bills put pressure on small businesses
More and more small business owners are feeling the pinch from their power bills.
A survey carried out by the Consumer Advocacy Council has found just under 30 percent of small businesses say… Audio
Survivors of abuse in state care challenge compensation
Survivors of abuse in state care are heading to court to challenge the plan the Ministry of Social Development has set up to compensate abuse cases.
Survivors are being offered settlements as low as… Audio
Senior doctors and dentists set to strike
Thousands of patients will have their operations and other procedures delayed when senior doctors and dentists go on three separate strikes next month.
Te Whatu Ora is standing by its offer to… Audio
Mayor's directive becomes a reality with Auckland parking costs set to rise
Drivers will be paying more for on-street parking from next week, as Auckland Transport announces its revised charges.
Countdown investing $45 million in security after huge jump in assaults and thefts
One of the country's major supermarket chains is investing $45 million in security measures after a jump of more than 300 per cent in physical assaults and thefts over the past six years. Woolsworths… Video, Audio
Budgeting, debt and KiwiSaver to be taught at school under Labour proposal
Students will soon be learning how to manage money as part of their school's compulsory curriculum.
Labour wants young people to learn about budgeting, debt and how their KiwiSaver works during… Audio
Election 2023: Labour would make financial literacy education mandatory
Labour will make it compulsory for all schools to teach financial literacy from 2025 to address low levels of money and budgeting skills among school leavers, it announced today.
Week in Politics: NZ First gains traction while GST-free produce fails to hit the sweet spot
Analysis: Labour will have to do much more than offer families a $5 saving to get back in the race while NZ First's support continues to creep up and the media starts looking at where it's coming…
Providing choice for major investors behind National's plan to split KiwiSaver balances
People with large KiwiSaver balances should be able to invest in specialist funds such as those targeted at climate change or horticulture, National says. Audio
National propose splitting KiwiSaver between funds
National is promising to allow people to split their KiwiSaver between different funds.
The party says this is about allowing greater consumer choice, but Labour argues that it erodes consumer… Audio
Three-year rates holiday on the cards for quake-prone homeowners
Wellington city councillors have voted to allow a proposal of a three-year halt on rate payments for people to fix their earthquake-prone buildings to go out for public consolation.
