Money
Morning Report Essentials for Thursday 17 April 2025
In today's episode, the Reserve Bank's operating budget for the coming year has been slashed by about 25 per cent - we speak to Finance Minister Nicola Willis; the Commerce Commision has found… Audio
Major bank brings one-year fixed home loans below 5 percent
In recent days, ANZ, Kiwibank, BNZ and Westpac have all lowered their one-year rate to 4.99 percent.
KiwiRail under fire for ferry breakdown compensation
KiwiRail has fallen on its sword after the Commerce Commision revealed it potentially breached the fair trading act by leading customers to believe comspensation wasn't available after ferries broke… Audio
KiwiRail to compensate ferry users
The Commerce Commission has accepted legally binding commitments from KiwiRail to compensate customers impacted by ferry breakdowns in 2023. Interislander has also committed to updating its policies… Audio
Fears a proposed law change could affect NZ's biggest class action
Nikki Chamberlain, a senior lecturer at the University of Auckland Law School, warns the proposed changes could have serious consequences — not just for consumers and litigation funders, but for the… Audio
ANZ forecasts further OCR cuts to support economic recovery
ANZ chief economist Sharon Zollner says the current uncertainty surrounding global trade is another headwind for New Zealand's recovery.
Callaghan Innovation may cut dozens more jobs
The entity confirmed consultation had begun to disestablish another 67 roles, bringing the total number of roles that could be axed to 107.
'About to be worthless': Air NZ expects $20m of credits to go unclaimed soon
"Some may have forgotten these, moved or found travel plans unfeasible," an investment adviser says.
Midday Report Essentials for Wednesday 16 April 2025
In today's episode, Northland Civil Defence is urging residents to prepare for possible high winds and power outages as weather associated with Tropical Cyclone Tam approaches, the New Zealand… Audio
US-China trade war leaves NZ worse off, but still well placed to weather the storm
Analysis: Forecasting the potential impact of Donald Trump's turbulent tariff policies is a fraught business - and fraught for business.
Personal finance: The impact to New Zealand of changeable tariffs
It's hard to keep up with Donald Trump's tariff changes. Money correspondent Susan Edmonds considers the impact on Kiwi businesses and consumers. Audio
Investors back, number of first home buyers drops: Report
Investors made their way back into the housing market in the first three months of this year, according to a new report by Corelogic, at the same time the proportion of first home buyers has dropped… Audio
Property investors return to housing market
Lower interest rates and cheaper house prices are tempting investors back, but one firm says that shouldn't concern first-home buyers.
Former prisoners facing obstacles to banking, report shows
Former banker David Verry is a financial mentor who has been volunteering with prisoners and ex-inmates for years. He joins Emile Donovan. Audio
Social supermarket helping feed struggling families
Shoppers use a points system and can buy the heavily subsidised groceries at about a quarter of the cost. Audio
Warning tariffs could push food prices higher
Just how much have food prices increased in the past year? RNZ takes a look.
Biggest bank cuts more home loan rates below 5%
And some economists say the OCR should be as low as 2.5 percent.
The NZ exports hit hardest by Trump's tariffs
From beef to wine to fruit and nuts, what's going to be hit hardest by tariffs?
Land buyout will bring Auckland 2023 flood costs to over $1 billion
Auckland Council expects to have bought 1200 properties at high risk of flooding by the end of the year, and it's mapped out a plan for managing the flood damaged land. North Shore Ward Councillor and… Audio
Where in NZ is it cheaper to rent than buy?
Corelogic has found that in about 20 percent of the country, it could be cheaper to buy a house. Money correspondent Susan Edmunds spoke to Ingrid Hipkiss. Audio
