Money
Future mortgage rate hike seen as a likely drag on the economy
Banks are continuing to rack up record profits.
Collective profits for the sector were up just over 8 percent to $1.7 billion in the first quarter through cost cutting, improved lending and margins.
…Region's households gloomy about financial prospects - research
Regional households are 'down in the dumps' about their financial prospects according to new research.
With food, petrol and power all draining their pockets, the Westpac McDermott Miller Consumer… Audio
The Panel with Sue Bradford and Dean Hall (Part Two)
On Part Two of The Panel, Wallace and panellists discuss a universal payment thought-experiment, reforming the Building Act, and the high cost of participating in sport in the Wellington region. Audio
What does proposed KiwiSaver change mean for account holders?
The government plans to charge GST on fees paid on KiwiSaver accounts from April 2026, potentially netting it hundreds of millions more in taxes. University of Canterbury Professor Adrian Sawyer what… Audio
Pasifika health provider welcomes funding to curb gambling harm
A Waikato Pasifika health provider says government funding to curb gambling harm will benefit the Pacific community.
Matariki payments mooted by Bernard Hickey
Bernard Hickey wants the Government to introduce a helicopter payment system through what he is calling a 'Matariki account." The Editor of economic and political newsletter, The Kaka talks to… Audio
'Vice-like grip': Fast food outlets at saturation point in poorer communities - doctor
Research has found Auckland fast food and takeaway businesses made $6.7 billion over the past six years.
Russia in historic foreign debt default, reports suggest
Russia has defaulted on its overseas debt for the first time in more than a century after missing a Sunday deadline, reports suggest.
Union calls for mandatory reporting of gender pay differences
A union leader is calling for mandatory reporting of gender pay differences. New research shows New Zealand is falling behind other western countries in closing the gap between men and women's wages.
…What do rising interest rates mean for banks?
Banks are filling their pockets with the increase in interest rates and the time taken to pay off a mortgage is blowing out.
A KiwiSaver fund manager says banks are doubling their margins on floating… Video, Audio
Frances Cook on riding out the rough financial markets
We last talked to Frances Cook back in February. Frances is the Investments Editor at Business Desk and had just written a book called YOUR MONEY YOUR FUTURE. We go back to her over the current… Audio
Growers also suffering as fruit and vege prices continue to rise
The cost of fruit and vegetables have gone up 10 percent in the past year, according to the latest figures from Stats New Zealand.
'Genuinely surprised': Finger pointed at young people, men over increase in wasted food
New Zealanders are throwing away more food than ever before - with an estimated $3.1 billion heading for the tip each year.
Restaurants consider price rises as food costs go up
![[England] High angle close up of napkins and silver forks and knives on a table in a restaurant. (Photo by Mint Images / Mint Images / Mint Images via AFP)](https://media.rnztools.nz/rnz/image/upload/s--QBaGJydw--/ar_16:10,c_fill,f_auto,g_auto,q_auto,w_288/v1644539856/4LZI3FC_copyright_image_283037?_a=BACCd2AD)
Dining out could cost a few extra bucks as the cost of living hits a sector on the rebound from a string of covid-related lockdowns.
In a survey just out, restaurateurs say they are worried customers… Audio
Pay equity among ways to improve women's retirement savings - report
Women's Kiwisaver balances could be more than $300,000 lower than men's men when they reach retirement age, a report says.
Council bridles at expected legal costs from plan ‘scrap’
Expected legal appeals of the proposed West Coast 'one district plan' and the cost of defending them is worrying West Coast regional councillors.
'People will be scarred forever' - Bitcoin plunges to lowest level in 18 months
Bitcoin tumbled more than 13 percent at one point today, crashing below the closely watched US$20,000 level to its weakest level in 18 months.
Why you should be investing for the long term
Senior market analyst Jeffrey Halley joins the show to discuss interest rates and a number of other financial matters, including why New Zealanders should be putting their money in term deposits for… Audio
Rural economies set to outperform urban ones - report
Rural economies are expected to outperform their urban counterparts in the year ahead, due to the strong demand for agricultural exports.
That's the finding of Westpac Bank's annual regional… Audio
The Panel with Pattrick Smellie and Ruwani Perera (Part One)
Wallace and panellists Pattrick Smellie and Ruwani Perera discuss GDP, dodgy add-on insurance targetted at vulnerable kiwis, and drying clothes indoors. Audio
