Money
NZ state-owned investors to sell Russian assets
New Zealand's state-owned investors are trying to sell some Russian assets.
Changes needed so the cash system can serve the needs of NZers - Reserve Bank
The central bank's 2021 cash survey found nearly two-thirds of New Zealanders were using cash to pay for everyday things, compared with nearly everyone in 2017 and 2019.
Midday Business News for 3 March 2022
News from the business sector, including a market report. Audio
Credit approvals continue to be hit by changes to rules - Centrix
The latest credit data from Centrix shows lending had become more restrictive since changes to the Credit Contracts and Consumer Finance Act (CCCFA) came into effect in December, as the number of…
Union labels DHBs’ court action a 'cynical move'
A "mix of outrage, disappointment and despair" is some health workers' reaction to news a court injunction has been filed to prevent their strike action.
Landmark Homes Otago franchisee ran out of money, parent company says
A building company with 13 franchises nationwide is confident cash flow issues at its Otago operator is an isolated incident.
Midday Business News for 2 March 2022
News from the business sector, including a market report. Audio
Global dairy prices rise 5.1 percent to record high
The average price at the fortnightly global dairy auction has risen to US$5065 a tonne.
'Glaring omission' corrected with extra funds for Marlborough Heritage Trust
The $170,000 of extra funding will help ease the pressure on the trust due to insurance hikes and the effects of Covid-19, say district councillors.
Midday Business News for 1 March 2022
News from the business sector, including a market report. Audio
NZ signs trade deal with United Kingdom
New Zealand has signed a significant trade agreement with the United Kingdom.
The new deal means virtually all New Zealand's exports into the UK will not carry a tariff.
The government estimates it… Audio
Midday Business News for 28 February 2022
News from the business sector, including a market report. Audio
Inflation largely driven by factors out of NZ's control - RBNZ governor
The head of the Reserve Bank says oil prices have been the most notable driver of inflation pressures for New Zealand.
Midday Business News for 25 February 2022
News from the business sector, including a market report. Audio
Record-high property resale profits in December quarter - CoreLogic
House sellers have been smiling all the way to the bank but that is likely to change, according to a new report.
Your Money with Mary Holm
Mary talks to Jesse about dividend reinvestment and how to grow your shareholdings painlessly. The idea is that instead of shareholders being given a cash dividend they are given more shares instead. Audio
Midday Business News for 24 February 2022
News from the business sector, including a market report, with Gyles Beckford. Audio
Ukraine tensions: Economic impacts could be felt here
Effects of tensions in Ukraine and the Reserve Bank's raising of the official cash rate could both be felt at the petrol pump. It's already almost $3 a litre.
Infometrics principal economist Brad… Audio
Interest rate hike bad for first home buyers
Already struggling first home buyers have been stung yet again, this time by the Reserve Bank's raising of the Official Cash Rate.
The OCR was raised by a quarter of a percentage point to one percent… Audio
Bigger OCR rise was considered - Adrian Orr
Experts say the new raise in the official cash rate will sting for struggling businesses, first-home buyers, and the recently indebted.
The Reserve Bank announced a quarter percentage point rise in… Audio