LATEST MONEY NEWS

More Kiwis putting Christmas on credit as cost-of-living bites - survey

More than a third of Kiwis will use a credit card as the main way they will pay for Christmas this year.

Good news or bad? Economist on when Reserve Bank could slash rates

The Reserve Bank will provide an update on the official cash rate on Wednesday

Whakatāne Lotto player wins $8.3m, two others claim $333k – where winning tickets were sold

Did you have a winning ticket?

High interest rates and inflation impact Black Friday spending

Families are continuing to struggle and that may have taken the gloss off a day retailers were hoping would be a boomer.

Businesses that adopt AI will increase productivity, profitability, potentially lowering prices in long-run - report

"If they're all increasing productivity, we should see that be reflected in price competitiveness."

Mortgage mates: The pros and cons to buying house with friends

Co-owning a home with a friend is becoming more common in New Zealand.

Two Lotto players share $1m, 15 punters claim $13k – where winning tickets were sold

Two Lotto players share $1m, 15 punters claim $13k – where winning tickets were sold

'Big shift': Expert believes interest rates could drop soon - when cuts could happen

Expert believes a cut to interest rates could happen early next year.

Watercare defends $140k yearly spend on free Subway for workers 'to sustain their energy'

Wastewater crews spend their days in sewage and have nowhere to store their food, the organisation says.

Job ads falling - except in this region

Data from Seek showed the number of job ads fell in October in all regions except Taranaki.

More than 500 OpenAI workers threaten to quit after boss sacked

"Your actions have made it obvious that you are incapable of overseeing OpenAI," a letter to the board says.

The region that has 'crisis written all over it' due to external and internal migration - economist

Population growth in one of New Zealand's most idyllic regions is set to tip it into crisis point, Cameron Bagrie says.

Hamilton couple reflect on 'surreal' $8.3m Powerball win

"I didn't actually see the numbers lineup because I was too busy drinking my coffee."

People's KiwiSaver choices could cost them a Mercedes Benz

New data has revealed the top and worst performing KiwiSaver funds.

'Just too high': Kiwis admit they can't afford Christmas as cost-of-living crisis worsens

While Santa is loosening his belt, many Kiwis are tightening theirs.

Auckland Lotto player wins $1m, Christchurch punter claims $500k – where winning tickets were sold

Did you have a winning ticket?

Supie owed $2.1m to more than 4000 creditors

Creditors include companies from NZ Post to Sealord, Tegel, Warehouse Stationery, Foodstuffs and Woolworths, Fonterra and Coca-Cola.

Why Kiwis have become richer over the past week

After two years of lean returns, things are looking up.

Two Lotto players share $1m, seven punters claim $25k - where winning tickets were sold

Did you have a winning ticket.

As Black Friday looms, here are some tips to help you make the most of it

Pricespy has put together some tips ahead of this month's Black Friday.

Lower consumer prices welcomed but vegetable growers calling for less Govt red tape

"Cucumbers and tomatoes don't stay fresh if we have to pause our harvest to write a report for the Ministry for the Environment."

'Carried the team': First-home buyers helping keep the housing market ticking

First-home buyers have been the most active group for the past 12 to 18 months.

Economist says banks deserve to make 'fair chunk of money' after ANZ records $2.26b cash profit

Housing market showing 'increasing signs of life', property values lift third month in a row

Here's how the property market in your region is performing.

The jobs still paying six-figure salaries as unemployment creeps up

Despite unemployment and underutilisation rates rising, there are still plenty of well-paying jobs out there.

Opinion: Who'll pay to care for us when we grow old, and then even older?

None of us are getting any younger - but readers may not be aware of how much older our population is becoming.

What are the lowest spread forex brokers in NZ?

Whether you're a beginner or looking to diversify your portfolio, these are the standout low cost forex brokers right now.

Man loses $160k in sophisticated online shares scam

"If you did not request contact from the specific firm, tread very carefully."

Economist warns grocery prices still 'a challenge' amid soaring costs of chips, noodles, laundry powder

The latest grocery data showed an increase of 5.4 percent in October, but it's the slowest rise in 19 months.

NZ workers have few protections if their employer goes bust – fixing the Companies Act would help

Change is needed to better protect staff if businesses fail.

'Gearing up for a busy summer': Auckland median weekly rent reaches all-time high

"Students searching for homes and policy changes in the pipeline could really shake up the rental market."

Why Consumer NZ is warning retail shoppers to beware of upcoming big sales bargains

Sales like Singles' Day, Black Friday and Cyber Monday are edging closer.

Hamilton Lotto player wins $8.3m, two other punters claim $333k – where the winning tickets were sold

Did you have a winning ticket?

'Optimistic': Fonterra pushes for 30 pct on-farm emissions reduction by 2030

Fonterra is hoping to satisfy both its corporate customers and its farmers.

BNZ profits climb to more than $1.5b

It comes as BNZ's profits continue to rise despite the economy slowing.

'Good news is bad news': Big businesses struggling despite post-election 'bounce back' for economy

"What you're getting from big businesses instead is this ongoing slowing."

First-home buyers holding 'above-average share' of property purchases

First-home buyers are on a record-breaking streak, accounting for 27 percent of the market share.

Karen O'Leary takes down Prezzy by making 'worst gift card of all time'

The Lezzy Card did not prove to be popular.

Restaurateur says COVID decimated savings, many businesses on brink of closure as customers cut spending

Kiwis are tightening their budgets and it's having devasting consequences for hospitality.

Hospitality owners say conditions tougher now than during COVID-19

After enduring lockdowns and staff shortages, a big customer downturn is now hitting our hospo scene.