Checkpoint for Wednesday 2 November 2022

5:07 PM.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… Read more Audio

5:11 PM.As Rotorua grapples with the future of its emergency housing, the city's schools have been coping with the complex needs of children living in motels.

Since the pandemic, schools near Fenton Street… Read more Video, Audio

5:17 PM.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… Read more Video, Audio

5:25 PM.The Black Caps dropped a chance to wrap up a semifinal spot at the T20 World Cup with a game to spare.

Following a 20-run loss to England last night Black Caps captain Kane Williamson has come under… Read more Video, Audio

5:28 PM.People who own homes in flood zones might see their property values sink, according to the Reserve Bank.

It has suggested banks could tighten their lending criteria in flood prone areas - finding in… Read more Video, Audio

5:36 PM.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… Read more Video, Audio

5:42 PM.Buy now pay later services will have to check if consumers can afford the debt they're taking on as the government cracks down on the industry.

Services including After Pay, Laybuy and ZipPay allow… Read more Video, Audio

6:07 PM.A crackdown on buy now pay later services does not go far enough according some budgeters.

Under changes proposed by the government, the services will have to credict check all consumer and if the… Read more Video, Audio