Money
Big profits leading concern in banking investigation
Big profits are among the leading concerns as the government looks to ensure competition in the banking sector is working well for consumers. The government has asked the Commerce Commission for a… Audio
Consumer confidence still in the doldrums despite slight lift
Consumer confidence has improved slightly but remains deeply pessimistic.
Commerce Commission to investigate banking sector
The Government has just announced the Comerce Commission will investigate whether New Zealanders are getting a fair deal from the banking sector.
The regulator will do a market study into competition… Audio
Wellington hits brakes on speed reductions after cost error
The Wellington City Council has been left red-faced after an error was found in the cost-benefit reporting for its speed reduction plan. The proposal had been out for public consultation but it has… Audio
What kind of money personality do you have?
New research has identified five distinct money personalities that drive how we spend.
Three months after Latitude cyberattack, some victims not notified
More than three months after private information on a million New Zealanders was stolen from loan company Latitude some still have not found out whether they are victims.
Extra credit card charges made on thousands of accounts
Thousands of credit card users have been hit by a technical glitch that caused transactions to be duplicated.
Cutting fruit and veg GST not the best way to help - tax expert
Opinion - Rising food prices bring up debates on removing GST from fresh produce - but is this a good idea? And if not, what alternatives might there be to help people afford fruit and vegetables?
Evening business for 16 June 2023
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6329522247112 Video, Audio
Auckland mayor says parking fines should be at least $100
It's time to ramp up fines for overstayers in Auckland street parks according to the city's transport agency. Central government sets the fines, but they haven't gone up in close to a quarter of a… Video, Audio
'It is very uncertain at the moment' - Mixed views on whether recession will stick around
Businesses are being plagued by uncertainty at the news of a recession - but not all are fearing the worst. Audio
GDP figures could end rising interest rates: economist
An economist says the latest GDP figures could signal an end to rising interest rates - at least in the short term. The figures show the country is in a technical recession, with negative growth of… Audio
National blames Government profligacy for "fragile" economy
National has attacked the Government over the latest GDP figures, saying the economy is in a fragile state thanks to its profligacy. New Zealand is technically in recession, with GDP down for the… Audio
Liquid gold: paying plasma donors, saving lives and money
Paying blood plasma donors in New Zealand would ensure enough is in the country to meet patients' needs. In Alberta, Canada, donors receive up $105 NZD ($65 USD) per donation. Georgetown University's… Audio
Businesses ready for tough winter as recession strikes
The country has slipped into recession - brought on by devastating floods and a cyclone as well as rising interest rates. The figures show negative growth by whisker for the last quarter of 2022 and… Audio
New Zealand officially enters recession
New Zealand has officially dipped into a recession according to GDP figures released this morning.
The GDP fell by 0.1 percent in the last quarter according to Stats NZ, in line with expectations.
… Audio
The staggering difference in petrol price across the country
That's the staggering difference in the cost of a litre of unleaded 91 petrol across Auckland and the AA says the difference could be up to 65 cents a litre for diesel. Motorists have enjoyed a fuel… Audio
The cheapest and most expensive places to fuel up in Auckland
Petrol prices across Auckland are varying drastically, with a 61-cent difference between the cheapest and priciest. Audio
Verdict due out today on whether NZ is in a recession
GDP figures out today will reveal whether or not the economy has tipped into recession, after negative growth of 0.6% in the December quarter of 2022. The figures are a key indicator of the health of… Audio
Primary industry exports earn a record $56.6 billion
Primary industry exports are forecast to reach just over $56 billion by the end of this month. That's higher than expected, and is largely due to an increase in dairy, seafood and processed food… Audio
