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LATEST MONEY NEWS

The odds of winning Powerball on a single line are one in 38 million.
Lotto

Lotto results: First division split in half

Powerball wasn't struck, so will rise to $16 million on Wednesday.
The increase will come into effect from September.
Business

Pay boost on the way for 15,000 Countdown staff

"$2 or $3 an hour is a really big deal."
Richardson says he believes in the importance of low-paid jobs.
Economy

'The economy needs low-paying jobs' - Mark Richardson

Duncan Garner says he "doesn't disagree".
Newshub Late producer and reporter, Wilhelmina Shrimpton.
Money

Me and My Money: Wilhelmina Shrimpton

What do Kiwi top talents do with their money?
Shay Peters on The AM Show.
Money

Expect a pay rise next year - expert

And we have an election year to thank.
Christina Leung on The AM Show.
Space

NZ's infant space industry already worth $1.69 billion - report

It might come as a shock to some we even have a space industry.
Nick Tuffley on The AM Show.

Reserve Bank should have cut OCR - economist

The Reserve Bank's too optimistic about the economy's prospects says ASB's Nick Tuffley.
Official Cash Rate remains unchanged.
Economy

Official Cash Rate stays the same

OCR to remain unchanged at 1 percent.
Kiwi property dealer Graeme Fowler and his wife Katrina have traded over 250 homes.
Money

Meet the Kiwi property dealer who has traded over 250 homes

How to get started in buying property for income or fast profit
Tough call: Will the OCR fall below 1 percent?
Economy

Bets are off on further drop to Official Cash Rate in 2019

Tough call: Will the OCR fall below 1 percent?
Five tips for negotiating a pay rise
Money

Five tips for negotiating a pay rise

Preparation is key when asking for more money.
Cameron Bagrie on The AM Show.

It's 'Christmas' for borrowers, so why aren't councils borrowing?

While most mayoral candidates promise to slash spending, an economist is proposing they do the opposite.

NZ businesses want in some of the action.

Singles' Day: NZ businesses cashing in on biggest global shopping day

Tens of billions of dollars are expected to be traded.
The company says the move helps employees work in a way that suits them.

The NZ company increasing annual leave to six weeks

"We want to support our people to do their best work for our customers."
The woman became an instant millionaire.

How a bag of marshmallows scored an Aucklander $1m

"I love lollies... we never imagined they'd lead to something so life-changing!"

Money

How to get a loan when you're self-employed

Avanti Finance spoke with The AM Show about loans for small businesses and freelancers.
David Nagel speaks to The AM Show.

'Late spring surge' sees property prices jump across New Zealand

Some small regional towns have seen big increases.
Microsoft Japan gave all of its employees Fridays off in August.

Microsoft Japan trials 4-day work week, workers' productivity skyrockets

Not surprisingly, employees were also happier.

Watch: Among the companies that made payroll errors was Restaurant Brands.

How to tell if your boss is ripping you off

Most workers blindly assume their employer will do the math correctly.
Jeff Latch says the majority of customers were satisfied with the service.

Spark Sport wants to stream all major sports

Head of Spark Sport Jeff Latch says he was pleased with how the RWC was delivered.
Watch: The astounding profit Australian banks make in New Zealand every hour

How Kiwis are sending a $5 billion cheque to the Aussie banks every year

""I'm a bit surprised that so many don't realise that these banks are Australian-owned."

Cameron Bagrie on The AM Show.

Economy should be 'roaring' but nervous business holding it back - economist

Cameron Bagrie says there's little reason growth should be below 2 percent.
Cameron Bagrie on The AM Show.

'Absolute giant': Saudis put state oil company on the market

Kiwi economist Cameron Bagrie says while oil is a "sunset industry", there will be a lot of interest in Aramco.

Google has bougt Fitbit.

Google snaps up Fitbit

The company said users' health and wellness data would not be used for Google ads.
Tenants to benefit from healthier homes with new 'Moisture Ingress and Drainage' standard.
Real Estate

New rule will stop landlords renting out damp, mouldy homes

Tenants to benefit from healthier homes.
Kiwi lender matching borrowers with lenders set to expand into Australia.

Peer-to-peer lender Harmoney raises $47 million

Kiwi lender matching borrowers with lenders set to expand into Australia.
Some insurance policies require 3 or 6-monthly inspections.

Do landlords have to inspect rentals for insurance to pay out?

Some policies require three or six-monthly inspections.

Christina Leung on The AM Show.

Why fuel prices remain stubbornly high

"We find three areas where there is room for improvement."
Shobhana Ranchhodji spoke to The AM Show.

City Rail Link delays massively affecting businesses - store owner

But Government and Auckland Council have announced a hardship fund.
Christina Leung on The AM Show talks about house prices.

Fewer homes to pick from for would-be buyers

The latest housing figures show a market struggling to get off its feet.

The cancellation has disappointed many.

Cancelled Metallica concert takes toll on businesses

The band's Auckland concerts were canned when lead singer James Hetfield went into rehab.
The highest-ever jackpot won was $44 million.

How a map helped south Auckland couple bag $1m Lotto prize

"We made a beeline there."
ANZ New Zealand has posted a profit of $1.8 billion

ANZ posts $1.8 billion profit despite 'challenging' year

Result down on last year's record due to a tougher 12 months.

Eaqub and Taylor on The AM Show.

Why the Provincial Growth Fund's gaming investment is a 'big deal'

It's levelling up and industry that can operate from anywhere, experts say.
The Project's two-part series will reveal the truth behind multi-level marketing.

Former MLM seller reveals devastating consequences of 'cult-like' companies

The truth behind working from home and Mercedes incentives is not as glam as it sounds.

Mindful Money's Barry Coates was on The AM Show.

New Zealanders demanding ethical Kiwisaver investments - survey

It's not just millennials wanting to see their money used responsibly.

Where to find the fastest-growing salaries and jobs

Where to find the fastest-growing salaries and jobs

Kiwi employers on the hunt for talent are not holding back.
Saving for a rainy day is about cutting back, not cutting out.

Saving for a rainy day is about cutting back, not cutting out

Unforeseen costs can occur at any time, so it pays to be prepared.
A three-yearly review of retirement income policies is underway.

Increase in Government contribution to KiwiSaver proposed

There are concerns contractors are contributing significantly less than employees.
The odds of winning Powerball, per line, are one in 38 million.

Lotto results: Unaired draw split three ways

The draw wasn't aired on TV due to the SkyCity fire near TVNZ's studios.