LATEST MONEY NEWS

Majority of women aren't financially prepared for retirement – new research

It found 69 percent of women do not feel financially prepared for retirement.

'No frenzy underway': Declining number of real estate agents say house prices rising, survey shows

What does this mean for first home buyers?

'Slow, long crawl': Economist predicts interest rates to stay high in 2024, 'might' come down in 2025

"The real battle is getting inflation from 4 to 5 percent down to 2 percent and that's where I think it's going to be a slow, long crawl."

Business liquidations soar as cost of living pressures drive drop in retail spending - Centrix

Centrix data shows business liquidations are up more than a third year-on-year.

Economist predicts high number of Kiwisaver withdrawals will persist next year

"The fact that these numbers have been increasing does suggest there is real stress out there for some households."

Early KiwiSaver withdrawals double as financial struggles surge

The amount of money withdrawn due to financial hardship has doubled compared to last year.

Two Lotto players share $1m, Hastings punter wins $200k – where winning tickets were sold

Did you have a winning ticket?

New figures reveal New Zealand areas with fastest-rising - and falling - house prices

Here's how your region is faring.

More than 19,000 Kiwis behind on mortgage payments as cost of living bites

The latest Centrix report shows it's set to be a tight summer ahead for households.

What's driving Uber's success? A Milford expert explains

The rideshare business has grown to be the world's biggest transport company.

Consumer NZ releases gift card 'naughty' and 'nice' lists

More than $10 million spent on gift cards was lost every year.

Reserve Bank Governor quizzed on whether NZ should limit migration to keep inflation in check

"That's given us cause for concern."

'Dangerous and inflationary': Boss of US' largest bank issues recession warning to world

"Be prepared."

Reserve Bank reveals final rates decision of 2023

New Zealand's economy has been under strain from the aggressive hiking of interest rates between October 2021 and May this year.

'Hang on, that could be me!': Radio news alerts Bay of Plenty couple to check winning $8.3m Lotto ticket

"We still can't believe it," the man said. "We feel incredibly lucky."

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.