Money
US government shutdown could be on the way
The countdown to a government shutdown is on in the United States.
The Senate is preparing a vote on an emergency bill to keep the lights on in the White House, with funding for federal agencies set… Audio
The buy now, pay later industry that needs regulation
It's a great new way to get what you want upfront and pay later - but there are traps, and consumer advocates say the schemes need to be regulated. Audio
The buy now, pay later industry that needs regulation
It's a great new way to get what you want upfront and pay later - but there are traps, and consumer advocates say the schemes need to be regulated.
AudioAnother benefit sanction scrapped, but is reform too slow?
Another benefit sanction is on the scrap heap, but advocates are questioning how long it's taking for the government to make good on its promise to overhaul the welfare system.
A law change to remove… Audio
Reserve Bank ponders digital currency and new rules for new money
The Reserve Bank is considering creating an official digital currency as well as new rules for new types of money. Just six per cent of New Zealanders rely on cash on a day to day basis, and the… Audio
Fewer beneficiaries questioned about relationships
Fewer beneficiaries are being probed about their relationship status by the Ministry of Social Development.
Advocates welcome the change but say there should be no difference between what couples and… Audio
Fears medicinal cannabis prices could double
Tighter rules for medicinal cannabis come into force tomorrow cutting possibly thousands of patients off from accessing their preferred treatment.
Medsafe has only verified four drugs for use from 1… Audio
Midday Business News for 29 September 2021
News from the business sector, including a market report. Audio
New houses exempt from investor interest write off rules
New houses will be exempt for 20 years from new tax rules that prevent residential property investors claiming interest payments as an expense.
The aim is encourage investors to build new homes -… Audio
Landlords 'gobsmacked' by new law for commercial tenants
A cut-price Covid-19 rent clause that has been added to legislation has blindsided some property managers.
The amendment to the Property Law Act would mean commercial tenants will not have to pay… Video, Audio
Wage subsidies: Real estate agents claim more than $1m during lockdown
A pause on the housing market during the latest lockdowns is unlikely to be enough to increase affordability.
Latest figures show in the year to August, all major centres saw house prices rise, with… Audio
The Pre-Panel for 28 September 2021
Panellists Claire Robinson and Steve McCabe share what they've been thinking about lately and discuss calls for robust changes to debt collection laws. Audio
Midday Business News for 28 September 2021
News from the business sector, including a market report. Audio
Budget advisors push for Govt restrictions on debt collectors
Budget advisors want the government to crack down on debt collectors saying they should not be allowed to constantly bombard those who owe money.
Homeowners gain 'paper wealth' at expense of non-owners, would-be first home owners
All major centres in the country have seen a significant rise in house prices in the past year, resulting in many owners earning more on paper than going to work every day, CoreLogic says.
Questions swirl around vaccine passports and legalities
As Aotearoa looks to the future of its Covid-19 response, there is increasing talk about how businesses will deal with mixing the vaccinated with the unvaccinated.
Maybe it is a vaccine passport, but… Video, Audio
Auckland port CEO's $1m exit payout 'unjustified' - Phil Goff
The former Ports of Auckland boss brought in lawyers to negotiate his exit payout of nearly $1 million, but any details as to why he was given the money remain under wraps.
Auckland's Mayor Phil Goff… Video, Audio
Kiwi cryptocurrency thriller keeps readers guessing
In her former life, Martinborough-based author Rosy Fenwicke was a doctor who wrote books on the side. She's been a fulltime writer for a year now and won't be going back anytime soon. Her latest… Audio
China's top regulators ban crypto trading and mining, sending bitcoin tumbling
China's most powerful regulators on Friday intensified a crackdown on cryptocurrencies with a blanket ban on all crypto transactions and mining, hitting bitcoin and other major coins and pressuring…
Power boss defends $100,000 donation to Westport floodwalls
Buller Electricity Trust chairman Frank Dooley is urging Westport people to get in behind the plan to protect the town with floodwalls and stopbanks.