Money

Government agencies are working overtime to get wage subsidies to people during lockdown but many are still in the dark over what they are entitled to and when they will get it.

Eva Corlett reports.

Hundreds of childcare centres will be paid tens of millions of dollars for loss of income during the Covid-19 crisis thanks to a special insurance deal that excludes almost all other businesses.

The… Audio

Hundreds of childcare centres will be paid tens of millions of dollars for loss of income during the Covid-19 crisis thanks to a special insurance deal.

The unusual arrangement with their insurance… Audio

Financial author and journalist Mary Holm looks at getting a WOF for your KiwiSaver. Audio

The Government has frozen rents and is protecting tenants from eviction during the Covid-19 lockdown, but there is some confusion about what is expected of tenants if they get into financial… Audio

Senior economists are predicting unemployment to reach 15 percent, with one warning it could even hit 30 percent as Covid-19 brings the economy to a shuddering halt.

They say the sudden stop to most… Audio

It is a "wartime level of investment".

That's how the Senate republican leader, Mitch McConnell, described the colossal US$2 trillion stimulus package that's just been agreed between Senate leaders… Audio

A mortgage holiday repayment scheme is being warmly welcomed by landlords, but hitting all the wrong notes with some renters.

The government announced yesterday that banks have agreed people hit in… Audio

New Zealand taxpayers are set to guarantee loans to private businesses, an expansion of the Government's attempts to cushion the economy against Covid-19. Audio

Mortgage brokers and advisors are expecting the Government to announce a freeze on mortgage repayments soon.

A rent increase freeze was already announced yesterday to give renters some securtity.

… Audio

Jarrod Kerr Chief Economist for Kiwibank talks to Kathryn Ryan about how is the economy going to keep ticking over during the crisis? He says banks are stronger than they were during the Global… Audio

Minister for Social Development Carmel Sepuloni speaks with Kathryn Ryan about the financial assistance available to people no longer able to work due to Covid-19 restrictions, and what help there is… Audio

The Government is putting $4 billion extra into boosting support for businesses and workers.

A cap for wage subsidies in last week's rescue package has been removed which means all businesses are now… Audio

After making an emergency cut to the Official Cash Rate last week to an all-time low of 0.25percent, the Reserve Bank is taking further steps to cushion the economic impact of the Coronavirus… Audio

The Reserve Bank's stepped in with more economic support through a 30-billion dollar buy back of government bonds. Audio

The Reserve Bank has announced it will buy back up to 30-billion dollars worth of government bonds to further boost the economy.

The move, known as quantitative easing, is aimed at giving more funds… Audio

Kim Crossman was already into the sixth day of a self-quarantine period when it was announced on Friday that the city of Los Angeles was going into lockdown due to the Covid-19 outbreak.  Audio