Money
Our defence budget under scrutiny
Our cash-strapped, underfunded, overspent defence force is in line for a budget boost, and experts say it can't come soon enough Audio
How falling interest rates could save you thousands
Mortgage advisers share the tips they will be giving clients on refixing their home loans.
All major banks lower home loan interest rates
All major banks have responded to the latest cut to the official cash rate, lowering a raft of their home loan interest rates. Loan Market mortgage advisor Bruce Patten spoke to Paddy Gower. Audio
No, 'Harbor Lane' is not closing: Online store cashes in on Wellington's gloom
"If a deal looks too good to be true, it probably is," Retail NZ chief executive Carolyn Young told RNZ.
Union on automatic pay rises for public servants
The union representing public servants says any changes to long service pay rises in the public service will lead to discrimination against women, Māori and Pasifika. The PSA union's acting national… Audio
Economist on Reserve Bank OCR cut
An economist says the Reserve Bank is in danger of "overshooting on the way down" if continues to cut rates at speed. Infometrics chief forecaster Gareth Kiernan spoke to Paddy Gower. Audio
Reserve Bank governor on OCR cut
The Reserve Bank is dangling the prospect of three more cuts to the official cash rate to around 3 percent by the end of the year. Reserve bank governor Adrian Orr spoke to business editor Gyles… Audio
Automatic pay rises for public service jobs under threat
In the wake of thousands of public service job cuts, automatic pay rises are now under threat. Political editor Jo Moir spoke to Corin Dann. Audio
New unit to scrutinise Health NZ, open for four months
The Health Assurance Unit - tasked with reviewing and potentially replacing Health NZ's reset plan - was set up in February and will finish in May.
Major banks cut interest rates after OCR drops
One property economist is warning that the extent of future retail rate cuts could be limited, despite this.
OCR cut to go to cost of living, no relief for renters
A budget adviser believes interest rate cuts will simply be absorbed into paying the ever increasing costs of living and renters will likely see no relief. The reserve bank cut the official cash rate… Audio
Reserve Bank slashes cash rate again
The 50 basis-point cut sends the OCR to a two-year-low of 3.75%
Midday Report Essentials for Wednesday 19 February 2025
In today's episode, Auckland marae are worried about future funding as the government puts a hold on new contracts in the wake of the Manurewa Marae election inquiry, economists are predicting the… Audio
Economists predict OCR to drop further
Economists are predicting the Reserve Bank will reduce the official cash rate by another half a percent this afternoon, bringing the rate down to 3.75 percent. BNZ's chief economist Mike Jones spoke… Audio
'Super widespread' misunderstanding catches out landlords
Owners renting out part of their homes thinking they are not covered by tenancy rules are falling foul of the law.
Economists predict OCR to be cut
A Reuters poll of 33 economists had 32 expecting the RBNZ to slash the official cash rate by 50 basis points on Wednesday, bringing the rate down to 3.75 percent. Economist and professor at Auckland… Audio
Sir Ian Taylor asks: Do you really need your pension?
Call to donate 1 percent of NZ's $20b pension superannuation bill.
Two banks cut interest rates
BNZ and TSB both made changes to interest rates on Tuesday.
'No clear justification': Higher fuel margins could limit petrol price relief
Bigger margins could dent the impact of falling oil prices on Kiwi motorists.
Midday Report Essentials for Tuesday 18 February 2025
In today's episode, the government is open to sending soldiers to Ukraine as peacekeepers if a ceasefire is reached, the Independent Police Conduct Authority is calling for new laws that control how… Audio
