Money
ASB and Kiwibank hike home loan rates
Just when people thought mortgage rates were on the way down, ASB and Kiwibank have hiked up their home loan rates.
With its 1-year fixed-term rate up 20 basis points to 7.25 percent, ASB now has the… Audio
'We're so angry' - Fullers' hike in return ticket prices for Waiheke adds to fury
Fullers passengers are now paying up to $59 for a return ticket to Waiheke Island during peak hours after a 19 percent price increase came into effect over the weekend. Audio
Fullers raise peak price of Waiheke commute nearly 20 percent
Last week we heard about the price of fuel on Waiheke Island, today its the cost of the commute. Fullers' new price increases came into effect over the weekend, with a 19 percent rise. A return trip… Audio
Explainer: How do Paywave charges work?
Contactless payment methods like PayWave are fast becoming the norm at the counter. But for many, the convenience of waving a card is outweighed by the extra charges -- sometimes 4 percent on top of a… Video, Audio
Greens rent control plan may mean fewer landlords, less maintenance - Economist
An economist is warning the Green Party's proposal to introduce rent controls may drive landlords away and leave the rental system worse off.
Nigel Latta: How to leave your best legacy behind
A new survey shows Kiwis want to leave a legacy behind, but are worried they might not be able to. Phsychologist Nigel Latta talks about how the idea of a legacy is changing. Audio
Robert Pagliarini: Sudden Wealth Syndrome
Robert Pagliarini is the president of Pacifica Wealth Advisors in California. He has a PhD in financial and retirement planning and specialises in helping clients cope with what he refers to as sudden… Audio
Price hikes and cut costs: What you need to know
Explainer - The cost of living is set to rise for NZers after today, as several tax cuts and subsidies end, but other changes have a more positive impact. RNZ is here with what you need to know.
Rakiura / Stewart Island facing steep power price hike
The grid on Rakiura is entirely dependent on diesel generation and as a result, power unit prices will see islanders face power price hikes of more than a thousand dollars per year.
New law will ensure more security for bank deposits from next year
New Zealanders will finally get protection for bank deposits after Parliament passed the Deposit Takers Bill.
'Increased vigilance' of cryptocurrency planned
The Reserve Bank of New Zealand is backing off any moves to regulate cryptocurrencies anytime soon, but said it is increasing surveillance of the sector.
'I'll definitely be doing more walking' - Motorist ahead of fuel tax reinstatement
Commuters are bracing for a hit to the pocket, with fuel tax and full-priced public transport fares set to be reinstated.
Consumer confidence hits 18-month high
It comes amid expectations of an end to rising interest rates, falling inflation and rising house prices.
Evening business for 29 June 2023
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6330271413112 Video, Audio
Govt lending plan mixed bag for flood-affected growers
Hawke's Bay growers say the government support announced for their cyclone-wrecked sector today will be too little, too late for some. In March they asked for $750 million to help them recover. But… Video, Audio
Gisborne ratepayers avoid high rates increase, council votes for 6.5% rise
Gisborne ratepayers have avoided a high rates increase this year with a rise of only 6.5 percent, compared to neighbouring cities.
'Price of paradise': Waiheke residents brace for fuel price hike
High fuel prices on Waiheke see many residents opting for electric vehicles, with one estimating about 650 are on the island. Audio
ANZ to text customers about unusual transactions
The country's biggest bank is strengthening its anti-fraud measures.
$128 million for universities to keep doors open
The government says a $128 million boost for the tertiary sector is not a problem solver, but a bid to keep doors open.
It announced the funding package alongside a two-year review into the way… Audio
Māori power company Nau Mai Rā under fire as consumers shocked by sharp rise in bills, communication failures
Customers with huge electricity bills say they're being left in the dark, unable to connect with their provider Nau Mai Rā as the invoices keep rolling in. The business launched in 2019 as the first… Video, Audio
