Money
Evening business for Friday 25 November
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6316134490112 Video, Audio
Black Friday hampers RBNZ's call to curb your consumerism
Black Friday sales have kicked off with gusto, as throngs of Kiwis keen to save money on their Christmas gifts, hit the shops.
So are people worried about stimulating the economy with a looming… Video, Audio
Health Minister faces tough crowd at medical specialists conference
Andrew Little has faced the wrath of medical specialists, who have vented their frustrations about overwhelming demand, compounded by underpay and under-staffing.
The Health Minister was met with a… Video, Audio
How will the upcoming recession compare to previous slumps?
The Reserve Bank governor has admitted the bank is deliberately engineering a recession to rein in inflation. So how will the economic decline next year compare with some of the grim recessions New… Audio
Economic woes unlikely to affect Black Friday
Auckland's Heart of the City chief executive Viv Beck doesn't believe the Reserve Bank's plea for New Zealanders to spend less will dampen enthusiasm for Black Friday bargains.
She spoke to Kim Hill.
…Black Friday sales underway, despite warning to cut spending
Black Friday sales are underway, but the Reserve Bank wants New Zealanders to rein in their spending. Will people cut their spending on the central bank's instruction, or simply because they have to… Audio
Wellbeing worse among younger people than older generation - Treasury report
The Treasury has released what it calls its first "big picture" overview of wellbeing in Aotearoa.
It says the report will establish a lasting evidence base that can be used by the Treasury and other… Audio
Call for separate offence to protect victims of economic harm
Advocates are calling for financial abuse to be made a stand-alone offence, saying it is hidden in current legislation.
Advocates urge law change to address financial abuse
Advocates are calling for financial abuse to be made a stand-alone offence, saying it's hidden in current legislation.
Those helping victims of family violence say almost all of them are financially… Audio
Auckland Councillor Maurice Williamson on cutting costs
Auckland Council's fiscal hole just got $25 million deeper overnight according to the Mayor.
Wayne Brown says the Reserve Bank forecasts unveiled yesterday have blown the city's budget shortfall out… Video, Audio
Rents back at all-time record high - TradeMe
The national median weekly rent was back at its all-time high of $580/week in October, according to TradeMe's listings.
The company's property sales director Gavin Lloyd spoke to Charlotte Cook about… Audio
Pay equity deal to extend to community and iwi social workers - Minister
The government has announced a pay equity deal for community-based social workers expected to benefit 4600 employees.
OCR hike: What we know so far and what is being said
The Reserve Bank is asking people to slow spending and prepare for a recession after hiking the OCR yesterday. Here's what we know so far. Audio
Mortgage holders under pressure as rates rise
Pressure is increasing on mortgage holders due to economic turmoil. Interest rates are continuing to rise and the Reserve Bank is predicting a recession for next year.
Loan Market mortgage adviser… Audio
National Party to reconsider tax policy after OCR hike
The National Party says its being forced to reconsider axing the top tax rate because the economy is in worse shape than predicted.
The Reserve Bank yesterday raised the official cash rate by the… Audio
Aucklanders preparing for interest rate rises
Tighten your belts and prepare for recession - the Reserve Bank's hawkish move to turbo-charge interest rates doesn't stop here.
After raising the wholesale interest rate 75 basis points to four and… Audio
Council of Trade Unions economist on OCR rise
The Council of Trade Unions says it's time for New Zealand's corporate tax rate to come under the blowtorch in the wake of the record Official Cash Rate rise.
CTU chief economist Craig Renney says… Audio
Retailers worried about rising crime and lower spending
Retailers are dealing with a dual crisis of rising crime and a rising Official Cash Rate.
A shopkeeper in Sandringham, Auckland was fatally stabbed on Thursday morning.
And the Reserve Bank has… Audio
More pain on way as mortgage owners face rates hikes and expected recession
A mortgage advisor says small business owners are particularly nervous about the impact of the increasing mortgage rates, while homeowners face a precarious battle to afford repayments. Audio
Glengarry Wines' stores hit 42 times with ram raids, robberies
One of the country's oldest family run wine retailers has had a belly full of ram raids on their business, releasing footage of the smash and grabs in a bid to spark some action.
Glengarry Wines has… Video, Audio
