Money
Revenue Minister defends KiwiSaver fees GST change
There has been swift reaction to the government wanting to charge GST on service fees of managed funds including Kiwisaver.
The funds, are currently exempt from the 15 percent goods and services tax… Audio
Government considers charging GST on Kiwisaver fund fees
The government wants to change the way GST is applied to service fees charged by managed funds.
These funds, such as Kiwisaver, are currently exempt from the 15 percent goods and services tax - but… Audio
Finanical Services Council criticises possible Kiwisaver change
The government plans to charge GST on top of Kiwisaver fees - as part of a tax bill introduced to Parliament.
It's estimated to bring in $225 million a year in tax from 2026, and is expected to have… Audio
Inflation likely to remain high for several years, economists predict
New Zealanders are expected to face a tough year with inflation, housing and a tight labour market set to put the screws on the economy.
Plan to charge GST on KiwiSaver fees 'a wealth tax' - fund manager
The government plans to charge GST on fees paid on KiwiSaver accounts from April 2026, potentially netting it hundreds of millions more in taxes. Audio
Many retirees with mortgages have little left after housing costs
Retirees paying off mortgages are spending significantly more of their superannuation on housing costs, new analysis shows.
Bullish investors pour $1b into new radiology services in a year
Government health reforms are one reason for the rapid expansion in radiology services in Aotearoa.
'Do the right thing' poverty action advocates tell govt as refunds unfairly taxed
"You guys have the power to do the right thing so why don't you." That message to the government from an advocate who says wrongly sanctioned beneficiaries are being punished again by tax laws.
… Video, Audio
Women refunded by MSD now hit with unjust taxes - advocates
Women who have been refunded by the Ministry of Social Development after being wrongly sanctioned are now being punished again by being double-taxed, beneficiary advocates say.
Under section 70A of… Video, Audio
Is NZ ditching fish 'n chips for cheaper options?
An Auckland fish and chip shop owner says oil prices have tripled in three years as his family business tries to keep costs down and customers happy. Video, Audio
Auditor General urges more accurate cost of living payments
The Auditor General has told Inland Revenue to better focus its future cost of living payments to ensure they go only where they're supposed to.
It was a key budget announcement but the first round… Video, Audio
Cost-of-living payment to go through further screening
With the second $116 payment expected to be made from Thursday, Revenue Minister David Parker has announced changes that will mean some eligible people have to confirm they are based in NZ.
Your Money with Mary Holm
Today Mary Holm talks to Jesse about whether retired people can "eat their houses". She's exploring the idea that many retirees are short of cash but own very valuable homes. She has some ideas on how… Audio
Falling sales and rising wages: Inflation hits small firms
Small business sales have fallen to their lowest level since September last year, as consumers feel the rising cost of living.
Smaller retailer hopeful grocery industry ultimatum will lead to 'fair deals'
Convenience store chain Night 'n Day is pledging to pass on to customers any savings it makes through wholesale grocery deals with the two big supermarket chains.
KiwiBank believes housing shortage has halved in last year
In housing news, KiwiBank believes the country's housing shortage has more than halved in the last year falling from an estimated 57,000 homes to 23,000.
That's in part due to the country building… Audio
Government expected to announce supermarket wholesale changes
The Government is expected to use another tool from it's arsenal to tackle the increasing cost of living.
It's anticipated the next the next step in supermarket reforms will be announced later today… Audio
Nelson insurance broker mucking in on clean-up
Fifteen houses are red stickered and hundreds more are yellow in Nelson - with many people unable to return home.
There's also widespread, massive damage across the top of the South Island with farms… Audio
TradeMe data show house prices fall 6% from peak
The latest data from TradeMe show house prices have fallen six percent since peaking earlier this year.
Auckland has had the biggest fall dropping $102,000 since March this year.
TradeMe's property… Audio
Money expert Liz Koh : home ownership in a falling market
Liz talks to Kathryn about whether now is the right time to buy a home and what it means when you have negative equity in your house or apartment. Liz Koh is a money expert. This discussion is of a… Audio
