Money
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
Heartland Bank takes $50 million bad loans loss
The company said it would write off long dated arrears in car, business and equipment loans.
Where is the best place to Airbnb your bach?
Putting a bach on Airbnb is a common way for many owners to generate some extra income from their holiday homes. But how much can you expect to make, and are some parts of the country better placed… Audio
Where's the best place to Airbnb your bach?
Property investors chasing higher yields, less risk in short-term market.
Heat goes on KiwiSaver investments in fossil fuels
These are the funds with the most invested in 'worst' companies.
City councillor among those helped into homeownership
Auckland councillor Josephine Bartley is one of more than 100 people who have moved into homes of their own due to a Tamaki Regeneration Company shared ownership scheme.
Power companies launch online resource for struggling customers
With power prices set to rise, electricity retailers have launched an online resource to help those struggling to stay "warm and well" this winter. Audio
Green shoots of recovery emerge in services sector
The sector has moved back into expansion for first time in 10 months.
Female-dominated professions struggle to catch up in cumulative earnings
Long training and unpaid placements means it could take decades for New Zealand teachers, nurses, social workers and midwives to catch up in cumulative earnings with minimum wage workers, a new study…
Pensioners ask: Why can't I get US Social Security and NZ Super?
Pensioners who have moved from the United States say they are getting a raw deal when it comes to NZ Superannuation.
Travel firm to pay $140k for wage cuts during pandemic
The firm failed to get an employee's written permission before cutting his wages and bonuses.
Can I get the pension if I'm convicted of a crime? - Ask Susan
RNZ's money correspondent answers your questions.
Why best-performing KiwiSaver funds might not be right for everyone
Aggressive funds can be more volatile, but should deliver more returns over time.
