Money
Expert on Reserve Bank's 50 basis pt OCR jump
In the eyes of some economists, the Reserve Bank took a "sledgehammer" to inflation by raising the Official Cash Rate a further 50 basis points - to 1.5 percent.
CoreLogic New Zealand chief property… Audio
Food price rises: 'No matter how you cut it, it's clear that NZers are paying too much'
The annual food price rise announced today confirms the need to "rein in the super profits of the supermarket duopoly", Minister of Commerce and Consumer Affairs David Clark says. Audio
Commerce Minister on what's being done to lower food prices
If your growing grocery bill induces indigestion, figures out today confirm the biggest jump in food prices in more than a decade.
Proof, the government says, that supermarket super profits need to… Video, Audio
Economist worried as RBNZ takes 'sledgehammer' to inflation
Is the cost of food giving you a bellyache? Figures released today show prices are up 7.6 percent on the same time last year.
It's the biggest jump in more than a decade. Mortgages will be costing… Video, Audio
Midday Business News for 13 April 2022
News from the business sector, including a market report. Audio
'Stupid and uneducated' ruling: ACC may not cover public holiday wages
An overhaul of the Holidays Act has thrown up a new, curly problem that could cost employers.
Reserve Bank expected to lift OCR, but how much?
The Reserve Bank is expected to raise interest rates today with the only issue being by how much.
The bank has already clearly signalled that rates need to rise to counter surging inflation, which is… Audio
Holidays Act overhaul presents problem for employers
An overhaul of the Holidays Act has thrown up a new, curly problem that could cost employers.
Officials are belatedly advising that employers are liable for public holiday pay for a worker on ACC.
… Audio
Midday Business News for 12 April 2022
News from the business sector, including a market report. Audio
Consumer spending trend 'concerning' amid high inflation
ASB Bank says consumers have been slow to adjust their spending habits to higher inflation, rising interest rates and less government stimulus.
Nurse unions carrying out legal reviews on proposed pay equity deal
Two nurses unions are carrying out a full legal review of the proposed pay equity deal because of a backlash from members.
The Nurses Organisation says when the agreement - made to address the gender… Audio
Spending continues to slow as retail worries on the rise
Headwinds for the retail sector are intensifying with further evidence households are treading more carefully in their spending.
How to save money on your power bill
In our Monday expert segment today we're looking at how to save money on your power bill. Senior Advisor at the New Zealand Energy Efficiency and Conservation Authority Dr Gareth Gretton talks to… Audio
Midday Business News for 11 April 2022
News from the business sector, including a market report. Audio
The anarchic current flowing through the cryptosphere
The further she ventured into crypto for her recent article, the more Sarah Resnick realised that not all cryptocurrency investors fit the cliches. But that didn't detract from the common, almost… Audio
'Don't be a jerk': Badly behaved passengers hit with record fines
Two airline passengers accused of "unruly behaviour" have been hit with the largest fines ever proposed by the US Federal Aviation Administration.
House price growth dips, but still not easy for 1st home buyers
A decrease in house prices and an increase in supply has turned the market in favour of buyers.
But with the average house in New Zealand still costing one million dollars it's not easy to get a foot… Audio
Evening business for Friday 8 April 2022
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6303305044001 Video, Audio
NZ needs laws to stop modern slavery - Trade Aid boss
Trade Aid is all about sustainable trade - fair prices, wages and working conditions.
It is part of the government's Modern Slavery Advisory Group.
Chief executive Geoff White is adamant new… Video, Audio
Midday Business News for 8 April 2022
News from the business sector, including a market report. Audio
