The Panel with David Slack and Lynda Hallinan (Part 1)
Topics - The Commission for Financial Capability has taken aim at what they say are confusing retirement village contracts. The Commission says that residents often ended up paying anywhere from $20 - $100 extra unexpected and unaffordable fees daily fees. John Collyns of the Retirement Villages Association agrees there needs to be greater transparency. The Black Caps are into the Cricket World Cup Final. It'll be one of the country's most exciting sporting moments but, you won't be able to go down to your local to watch it on Sunday because the time frame is too short to obtain a special license. People are seeking out new ways of living, one of these is co-living.There's a new initiative in Auckland that offers hostel-like accomodation for adults. The Coh opens later in the month, on Symonds St in the CBD. It's a three-story complex, with 22 bedrooms, four bathrooms, with laundry facilities on each floor. It has a living room, cinema room and rumpus room. You'll get all this and a car park-sized bedroom for $360 a week.