Money
Kelvin Davis discusses $400m tourism funding in Budget
Tourism got a carry-on bag full of cash in Budget 2020, but industry leaders say it's nothing compared to what needed to keep them afloat.
The $400-million Tourism Recovery Fund includes a domestic… Video, Audio
Budget's tourism funding not enough - tourism leaders
Eight more weeks of the wage subsidy is not enough for one of New Zealand's largest tour operators to stay afloat.
Pan Pacific Travel's Managing Director Matt Brady talks to Lisa Owen. Video, Audio
Budget 2020 an umbrella for a rainy day - Finance Minister Grant Robertson
A $50 billion rescue fund sits at the centre of 2020's "once in a generation Budget" as the country braces for the economic carnage promised by Covid-19.
Finance Minister Grant Robertson says the… Video, Audio
Budget 2020: $50b rescue fund in the shadow of Covid-19
Thursday May 14 in New Zealand saw an historic Budget from the government to rebuild the economy after Covid-19, while at the same time the country moved from level 3 lockdown into level 2.
Finance… Video, Audio
Council's bill for Holidays Act arrears increases by $4m
The bill for Auckland Council to fix what it owes staff after payroll breaches has risen by more than a fifth to almost $22 million.
Homeless man looks for positives from lockdown troubles
The lockdown has proved a difficult seven weeks for many New Zealanders - including a man forced to live in his car in Wellington. Audio
Māori pinpoint health and housing funding as Budget priorities
The budget lock up is underway - and at 2pmwe will find out more details of where the government will be spending its money over the next year.
The Finance Minister, Grant Robertson, says it will lay… Audio
Banks told get ready for negative interest rates
For the first time ever the prospect of negative interest rates is drawing nearer with retail banks given til the end of the year to prepare. Yesterday the central bank held its cash rate at a record… Audio
Coronavirus: Hardware stores close after lockdown
Hardware stores are among the hardest hit in the lockdown retail slump with the country's two big operators closing sites.
Bunnings Warehouse is proposing to close seven stores that are no longer… Audio
Coronavirus: Budget to focus on rebuilding economy
As the country emerges from a frozen economy, the government must decide how much to tax and how much to spend.
In today's budget, Finance Minister Grant Robertson will lay out his plan to get New… Audio
Reserve Bank missed trick for bond buying - Fisher Funds manager
The central bank may have missed a trick by not extending its bond-buying programme to cover corporate bonds, a fund manager at Fisher Funds says.
Coronavirus: Canterbury campaign aims to encourage spending
It's time for New Zealanders to get out and spend cash like tourists.
That's the message from a new campaign in Canterbury.
It follows a separate survey that says two of every three businesses in… Audio
What do you hope to see in tomorrow's budget?
Some analysts are warning that tomorrow's budget will be a big disappointment for many as there's just not a lot left in the coffers after the covid-19 crisis response. Audio
Survey finds NZers in favour of helicopter cash payment
Survey finds that more than two thirds of NZers are looking for a one off cash payment from the government to stimulate the economy. The Panel speaks to chief economist at The New Zealand Institute… Audio
'Huge increase' expected in benefit applications over coming weeks
With unemployment expected to grow, beneficiary advocates say major changes to the welfare system are needed in Thursday's Budget.
Budget 2020: Health gets major funding boost to fight Covid-19
The health system has received a huge cash boost in an early budget announcement, in part to help it catch up because of Covid-19.
The government will give more than $4 billion to District Health… Audio
Ministry investigating after Work and Income benefit bungle
The minister has ordered an investigation after what appears to be decades of benefit applicants wrongly being rejected until their redundancy ran out.
Social services urge govt to boost benefits as poverty rises
A collective of social service providers is calling on the government to urgently increase benefit levels further as the poverty rate continues to climb in New Zealand.
The Ministry of Social… Video, Audio
Costly legal action may await over mishandling of redundancy issue
Work and Income may face a costly class action lawsuit after it appears to have spent decades wrongly advising some benefit applicants that they cannot get support until their redundancy runs out. Audio
Coronavirus: Cancer drug funding a concern - Cancer Society
The Cancer Society is concerned about the lack of funding in this year's budget for new cancer drugs as the government juggles the unexpected spending on Covid-19.
Pharmac is getting an extra $160… Audio
