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Banks urged to support customers as finances worsen
Banks are being urged to step up and support families and businesses coming under financial strain as the pressure comes on from rising interest rates.
The plea comes from the Reserve Bank in a… Audio
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Low unemployment means staff shortages for some businesses
The unemployment rate has remained unchanged at a record low of 3.3 percent.
While many may see low unemployment rates as a positive, a lack of potential employees is spelling disaster for some… Video, Audio
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Housing downturn grim, but not another financial crisis - economist
Rising interest rates and falling house prices could push more home owners into negative equity.
That's just one of the risks highlighted in the Reserve Bank's latest six-monthly financial stability… Video, Audio
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Low unemployment figures get pessimistic response from economists
Households and businesses are bracing for more pain on the horizon in the form of higher interest rates, as the central bank continues to wage war on inflation.
The Reserve Bank has warned the cost… Audio
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Midday Business News for 2 November 2022
Unemployment is still near record lows, and more financial pressure lies ahead for homeowners. Audio
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Economist on Reserve bank and employment figures
The Reserve Bank says the country's financial system remains sound, but the tight labour market has economists worried.
The central bank warned some households and businesses will come under… Audio
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Unemployment stays near record low
Unemployment has remained unchanged at 3.3 percent in the three months ended September. Average wages have risen strongly, growing 2.6 per cent in the three months ending on September 30. What does… Audio
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Unemployment next challenge for economy - expert
Economists say rising unemployment is the new pain set to hurt New Zealand's economy on the back of unexpectedly high inflation figures.
Data for the September quarter shows prices rose by 7.2… Audio
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Adrian Rurawhe: The accidental Speaker
Parliament's new Speaker originally chose to be a whip but fate intervened. Meet the man who marshals the MPs: an interview-walk through the fascinating life and career of Adrian Rurawhe. Audio
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Labour, National cross swords over tax, social insurance
Audio 1 Oct 2022Labour claims New Zealand's economy is holding up well compared to many others, but global pressures and new policies may threaten its re-election chances.
National has been on the attack, with the… Audio
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Question Time for 28 September 2022
Audio 28 Sep 2022Questions to Ministers HELEN WHITE to the Minister of Finance: What recent reports has he seen on the New Zealand economy? CHRISTOPHER LUXON to the Prime Minister: Does she stand by all of her… Audio
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Political commentators: Neale Jones and Tim Hurdle
Political commentators Neale Jones and Tim Hurdle join Lynn to talk about the Prime Minister joining other world leaders at the Queen's funeral, the latest Curia-Taxpayers' Union poll and will the hip… Audio
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Positive response from some to government package to steer young offenders into work, study
The government's $53 million "Better Pathways" package to steer youth offenders towards study and work is getting a positive response from those at the coal face.
Te Reretai Hauiti is the workforce… Audio
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The couple helping Rotorua's Fordlands community to thrive
Maraea and Kristian Pomana are part of the backbone of the Fordlands Community Centre. The organisation is in the heart of the Rotorua suburb which has long established high unemployment and poverty… Audio
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Social Development Minister responds to National benefit policy
Social Development Minister Carmel Sepuloni discusses unemployment numbers with Lisa Owen.
Video, Audio
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The Panel with Zoe George and David Farrer (part 1)
Today on The Panel, Wallace and panellists Zoe George and David Farrer discuss Joelle King and Paul Coll claiming gold in the squash mixed doubles at the Commonwealth Games. Plus, they discuss… Audio
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How are more people taking a benefit with unemployment so low?
Despite an unemployment rate of just 3.3 percent, National Party leader Christopher Luxon is questioning why there is a rise in the number of people receiving a Job Seeker benefit.
If you found the… Audio
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Should inflation come down quickly?
Inflation in Aotearoa is at a 32-year high - so surely the faster it can be brought down, the better.
Not so, say researchers from the University of Auckland. They say the relationship between… Audio
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Wages up 3.4 percent, unemployment rises slightly to 3,3
Our labour market continues to squeeze tighter, based on the latest Stats New Zealand quarterly figures.
Wages rose at an annual rate of 3.4 percent, the highest seen in 14 years while unemployment… Audio
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Surprise as NZ unemployment rate rises slightly
It may not feel like it, but wages are rising at their fastest rate since late 2008, whipped on by labour shortages in almost every sector.
All the pundits predicted we'd see record low unemployment… Audio
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The Panel with Sue Bradford and Ben Thomas (part 1)
Audio 3 Aug 2022Today on The Panel, Wallace and panellists Sue Bradford and Ben Thomas discuss new unemployment figures and the climate adaptation plan. Plus, we hear our panellists thoughts on whether the… Audio
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Unemployment remains near record lows, wage growth is high
The unemployment rate has stayed around its record low - at 3.3 percent - for the June quarter, according to Stats NZ.
Wages are rising, they're up 3.4 percent over the last year.
But that's still… Audio
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Unemployment edges up to 3.3%
Stats NZ reports unemployment rose to 3.3 percent from 3.2 percent, against expectations. Wages rose at an annual rate of 3.4 percent, the highest in more than a decade. Audio
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Unemployment expected to hit record low
An economist says low unemployment rates appear largely positive on the surface but is likely to cause financial headaches, especially for small businesses.
Unemployment is expected to hit a record… Audio
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Youth MPs to focus on glaring wage gap
A mock Member’s Bill which zeroes in on the glaring disparity in wages for young people is to be the focus of debate among Youth MPs in the 10th Youth Parliament this week.
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Wellington's Sky Stadium on hunt for more staff for test match
More than 35-thousand people will pack into Wellington's Cake Tin to watch the decider between the All Blacks and a rampant Ireland on Saturday. But, like workplaces across the country, Covid and… Audio
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Paving the way to Australian citizenship
The new Australian prime minister is keen, so will Kiwis' rights across the Tasman finally be brought in line with Aussies' rights here? Audio
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The worst of times?
Audio 10 Jul 2022There‘s plenty of worrying news around at the moment - alongside crisis claims in the media about imminent economic recession and even collective national depression. Are the media helping us identify… Audio
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Douglas Stuart: Young Mungo
Booker Prize-winning Scottish novelist Douglas Stuart speaks with Kathryn Ryan about his new novel, Young Mungo which is breaking hearts. Young Mungo develops into a romance between two teenage boys… Audio
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Do we need to fear another recession?
It came as a surprise to economists, but GDP fell 0.2 percent in the March quarter - is New Zealand in for another recession? Audio