LATEST MONEY NEWS

Scale of NZX cyber-attacks 'beyond anything previously seen' - review

The independent review has revealed the attacks couldn't have been "reasonably forecast."

Fraud accusations flying after 'mathematically impossible' South African lottery

An inquiry into the draw has been launched.

Why this year's Boxing Day sales might not happen

As long as we can keep the virus out, Christmas won't be cancelled - but Boxing Day might be.

Calls to budgeting helpline more than double and expected to rise

After the first lockdown in March, there was no real surge in people wanting advice.

Kiwi businesses expect COVID-19 economic effects to affect them for longer than global counterparts

The survey showed local firms were also less optimistic about the prospect of sales growth.

Refresher: Your Christmas leave questions answered

MBIE answers key questions about Christmas leave.

The area of NZ where Jobseeker numbers have spiked 480 percent

COVID-19 has caused economic pain throughout the country.

BNZ let off likely responsible lending breaches with warning

The Commerce Commission says it's likely BNZ failed to meet lending and disclosure obligations.

'My husband was able to leave his day job at 41': Mentor says investing in property can help people get ahead faster

How do Kiwis manage their money?

'Phenomenal': ASB predicts GDP to shrink just 3 percent, 'far better than previously expected'

Shopping quiz: Which dental floss offers the best value?

Check your supermarket shopping skills.

US billionaire to buy more shares in Weta Digital

Parker and his company affiliations would own almost one-third of Weta Digital.

Auditor-General warns schools to budget carefully

Hundreds of millions of dollars of school income is at risk because of the COVID-19 pandemic.

'Prices pushed upwards': Asking price for houses up in November nationally

The national average asking price in November reached $797,156, up 17.1 percent year-on-year.

Government being 'pragmatic' with changes, winning over business leaders - economist

The Labour Government is starting to win over business leaders, a prominent economist says.

Sky TV CEO quits, woman in top job for first time in company's history

He's spent less than two years in the role.

Topshop empire falls into administration, 13,000 jobs at risk

The owner of fashion brands including Topshop, Dorothy Perkins and Miss Selfridge has gone into administration.

Bitcoin surges to all-time high

Bitcoin hit a record high on Monday of US$19,864, breaking its prior record set in December 2017.

National property values see strongest monthly growth in 16 years - CoreLogic

The increase has been fuelled by accelerated rates of growth across urban, provincial and rural areas.

IRD cracking down on residential property investors selling without paying tax on profit

The department is matching tax returns with property transactions.

Aucklanders eye up properties in the Waikato as house prices spiral out of control - real estate agents

Century 21 says agents are seeing growing interest in places like Huntly, Tuakau and Te Awamutu.

Low-wage, low-skill migrant labour concern for national productivity - report

It suggested the issue could be addressed by tightening our migration policies.

'Great deals on both days': Black Friday sales continue on Cyber Monday

Cyber Monday follows Black Friday in a weekend of pre-Christmas discounts.

ASB survey: Steep house prices turning people off

An ASB bank housing confidence survey for the three months to October shows a drop in the number of people who think it's a good time to buy a house.

Government supermarket probe: Are they too powerful to bring down?

The Commerce Commission is investigating a range of issues from prices to the extent of competition.

‘I’m a technophobe’ - Judy Bailey’s mission to get more people into online banking

Judy Bailey shares advice about online banking.

Revealed: Grant Robertson was warned removing wage subsidy cap risked 'waste, fraud'

The revelation comes amid criticism companies took millions from the taxpayer then posted large profits.

Bitcoin plummets after Queen expresses interest

Bitcoin reached it's three-year high of US$19,666 earlier this week before crashing.

Cryptocurrency scheme under investigation in NZ

It encourages people to pay hundreds of dollars to join the scheme.

NZ records biggest annual trade surplus in 28 years after imports drop

Imports are down partly due to restrictions on domestic and international travel following COVID-19.

Tenants warned of 'long summer ahead' as rents spike by record amount

Demand is still outstripping supply.

Bringing loan-to-value ratio restrictions back will take 'some but not all' heat out of housing market - expert

The Reserve Bank plans to bring back LVR restrictions from March.

How Elon Musk overtook Bill Gates as the world's second-richest man

Tesla and SpaceX founder Elon Musk has added US$100 billion to his fortune since the start of the year.

Loan-to-value restrictions back in from March - Reserve Bank

Subject to final consultation, LVR limits will restrict high-risk lending, particularly to property investors

'I still wonder how I'll ever afford a house' - top economist

How do top Kiwi talents manage their money?

What are Kiwis' attitudes towards savings and investment post-lockdown?

Sharesies has released its annual investor survey.

'Buyers like to add value': Tips and tricks to get the best price when selling your house

'It can be beneficial to leave something for the next owner to do'.

'Plainly unfair': Why Consumer NZ is pushing for court action against Airbnb

"We think they could show a bit of discretion here."

Minimum wage increase makes sense despite 'creative destructions' that might happen - NZIER

"Firms that aren't really meant to survive won't survive."

Spending surge doesn't make up for lockdown losses

A record-breaking surge in spending after the first lockdown ended wasn't quite big enough.