Money
Travel software firm Serko suffers sharp losses amid pandemic disruption
Travel software company Serko has posted a sharply higher loss as the pandemic grounded much of its business.
Not much planned for housing in Budget
The government is dampening down expectations of any major new housing measures in tomorrow's Budget, saying it announced most of its plan to cool prices in March.
The Finance Minister has promised… Audio
Evening business for 18 May 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6254709745001 Video, Audio
ASB launches 1.79% new-build mortgages
The ASB Bank is using cheap Reserve Bank funds to back a special low-rate mortgage for new home building.
Former foster child sails around NZ to raise money for kids in care
An emotional seven-month circumnavigation of New Zealand is over for American solo sailor Elana Connor, who sailed into Auckland's Princes Wharf yesterday, accompanied by a flotilla of yachts and… Audio
MBIE to provide payment range guidance for contractors
A new way of measuring what contractors are charging the government will set out the range of what is paid for each type of job.
Govt hopes KiwiSaver changes will give NZers better results
The government's announced big changes to the KiwiSaver scheme which it hopes will give people better bang for its buck.
From December, the number of default providers - those allocated to new… Audio
Finance expert suggests redistribution of public sector CEO salaries
A 'Robin Hood' policy, redistributing the big salaries of public service chief executives to lower paid workers would be more effective than the government-ordered pay freeze, according to a leading… Video, Audio
SFO charges an indictment on political parties - not the system
Power Play: Calls for another look at the rules for party political donations are a cop-out, writes Jane Patterson.
KiwiSaver changes: NZers deserve 'better bang for their buck'
Changes to the default KiwiSaver scheme mean those who join the scheme at age 18 could be almost $150,000 better off at retirement, the government claims.
Pay freeze an attempt at intimidation by a govt scared of strikes - Union worker
A public sector union worker argues that the government's goal was to drive down the pay expectations of the nurses who are currently set to strike.
Evening business for 13 May 2021
News from the business sector, including a market report. [embed] https://players.brightcove.net/6093072280001/default_default/index.html?videoId=6253978169001 Video, Audio
Serious Fraud Office charges six people over Labour donations
The six people charged in relation to a donation made to the Labour Party allegedly offended between March 2017 and March 2018.
The Serious Fraud Office charges allege the donors' identities were not… Video, Audio
Tesla will no longer accept bitcoin over climate concerns - Musk
Tesla has suspended vehicle purchases using bitcoin due to climate change concerns, its chief executive Elon Musk said in a tweet.
How will the Reserve Bank move away from cheap money?
Billions of dollars has been flushed through the economy in response to the Covid-19 pandemic by the government and Reserve Bank. As well the as the government's $50 billion pandemic response package… Audio
Vote over whether nurses will strike closes today
A ballot by nurses over whether they will strike over pay closes at midday today, with a result expected on Friday.
It comes hard on the heels of the government's stated intention last week - since… Audio
Property company in liquidation after taking millions in govt funds
An Auckland property company which took millions in taxpayer funds to house the homeless has left the IRD and landlords out of pocket after going into liquidation.
Silverfern property services… Audio
Demystifying cryptocurrencies in NZ
It's easy to be a bit dismissive of cryptocurrencies. It feels like something that's happening in the distance, is quite confusing and can probably be left alone. But Masters Student at the University… Audio
Cutting credit card fees will help restaurants' bottom lines
The government is introducing regulations to cut the fees banks charge businesses when customers pay with credit or debit cards. The Commerce Commission will also be given powers to regulate and… Audio
Credit, debit card fees to reduce - Minister
Businesses will pay lower fees on credit and debit card transactions, under new legislation announced today. These are the merchant service fees charged by banks - which have gone largely unregulated… Audio
