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LATEST MONEY NEWS

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Money

Coronavirus outbreak: NZ share market drops as global indexes fall

New Zealand share prices drop 3 percent.

2 hours ago
One metre tall monstera variegated plant
Money

The valuable houseplant Kiwis are going crazy for online

Meet Trade Me's most searched plant.

3 hours ago
Grace Lee has the latest out of Asia.
Coronavirus

'Step to recession': Coronavirus plunges global markets into darkness

New Zealand's market hasn't been left unscathed.

Chris Roberts spoke to The AM Show.
Coronavirus

Kiwi businesses, tourism market suffering from coronavirus outbreak

About $50 million is not being spent in New Zealand every week.
The increase comes into effect in April.
Money

Benefit increase: 'Better than nothing', but only a starting point - expert

"I do have to question just how better off families will be with an extra $10."
The winner of Wednesday's $42m Lotto Powerball could pocket $844,000 a year without having to get out of bed.
Lotto

Lotto Powerball $42m jackpot: The staggering amount of interest the winner would earn

Lotto jackpot winner could earn $800,000 per year by doing nothing.

Watch: Economist Cameron Bagrie spoke to The AM Show.
Money

The KiwiSaver mistake that could have cost you $2500

"If you'd had $20,000 in a conservative fund at the start of the year, that decision cost you $2500."
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto: Powerball jackpots to over $40 million after no one scores big

The $35 million wasn't won.
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto $35 million Powerball: Lucky numbers revealed

"It's a life-changing amount."
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto: Kiwis urged to get tickets in time for $35m Powerball

The cut-off time is 7:30pm - so get in quick.

Watch: What are the chances 40 people could all pick the same winning Lotto numbers?
Lotto

Lotto: Second-highest jackpot ever up for grabs

Long queues are expected in stores ahead of $35 million prize draw.

In early 2019, Ikea revealed it wanted to set up shop on our shores.
Money

Ikea plans to open physical locations across New Zealand

The first instalments will open in Auckland, Wellington and Christchurch.
Talking about money and being open avoids disappointment down the track.
Personal Finance

Financial infidelity is on the rise: Here's how to stop it

Experts share top tips for a financially fruitful relationship.

Watch Simon Bridges' speech announcing National's economic plan.
Opinion

Good news for Simon Bridges: His big tax idea is already happening

What the tax rate for someone on the median wage really is.
AMP chief executive Blair Vernon
Me and My Money

Me and My Money: Why AMP's skateboarding CEO chooses shares over property

"I prefer the flexibility and liquidity of equities," Blair Vernon says.
Money
Sponsored

The benefits of treating yourself as a business

Time to talk money now thanks to Avanti Finance.

Watch: Economist Cameron Bagrie spoke to The AM Show.
Coronavirus

Regional economies threatened by coronavirus - report

Tourism activity and exports will likely drop.
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto: Powerball rolls over to $35 million on Saturday

It will be the second-largest prize ever won in New Zealand.

Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto's $30 million Powerball: Are you NZ's newest multi-millionaire?

It could all be yours if you have the lucky numbers.
The concrete cutting company was fined and had to pay reparations.
Canterbury

'Absolutely preventable': Cutting company fined after worker cuts off three fingers

The business has been ordered to pay over $250,000.
Watch: Holden dealerships, new owners thrown a lifeline.
Motoring

'Huge jump in interest' in Holdens following brand axing - Trade Me

A V8 Commodore could be an investment "with a growth rate faster than property".
It was announced on Monday that the Holden brand would be axed.
Motoring

Holden brand axing: Dealerships, new owners thrown a lifeline

But it's little consolation to the hundreds who will lose their jobs.
Money
Real Estate

Westpac economist forecasts 10 percent growth in NZ house prices

"The market has proved slightly stronger than we anticipated."
House for sale
Real Estate

REINZ reports multiple regions with median house price over $600,000

January house price data shows steep growth in many regions.
Things are getting even tougher for first home buyers and renters.
Updated
Real Estate

National median rents hit record high of $515 per week, Trade Me says

Demand continues to outstrip supply as renters hit the pavement.
Watch: Economist Cameron Bagrie talks to The AM Show about National's proposed tax cuts: do we need them and can we afford them? Video - Newshub, Image - Getty.
Tax

Top tax rate threshold should be raised - economist

Cameron Bagrie supports income threshold for top tax rate to be raised.
Holden has announced it's closing down in New Zealand.
Updated
Transport

Holden to axe brand in New Zealand, Australia

The operations will wind down in 2021.
Money
Sponsored

How do you run a sustainable and carbon zero corporation?

The Warehouse Group is marking its first year as a carboNZero business.
Debbie Roberts from Property Apprentice chats to The AM Show
Sponsored
Sponsored

Top five new investor mistakes, and how to avoid making them

Many new property investors make the same common mistakes, and they are easily avoidable.

Problems began to arise after an incident involving a forklift.
Employment

Manufacturing firm fined for sacking worker on stress leave

The company claimed the employment relationship had become "untenable".
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Powerball skyrockets to breathtaking amount

Wednesday might be your day.
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

Lotto's $28 million Powerball: Are you New Zealand's newest millionaire?

Here are the numbers.
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Lotto

$28 million Powerball: Kiwis urged to get tickets before rush

The cut-off time is 7:30pm - don't get caught in a queue.
Aaliyah Cortez worked more than $70 hours but earned only $14.
United States

US mum reveals NZ$14 paycheck for 70 hours of work

The Texan bartender shared her story on TikTok.

The key to slowing the rise of house prices was to limit the availability to debt, the report said.
Housing

Report proposes limiting access to mortgages for high earners

"As long as the supply of mortgage debt outpaces the supply of homes, prices will continue to increase."
Jay-Jay Feeney
Me and My Money

Me and My Money: Jay-Jay Feeney

"My goal is to clear my credit card so I can afford to go to Algeria."
The customer said the highly personal nature of the information makes this breach especially concerning.
Technology

Customer caught up in KiwiSaver provider hack: 'The concern is you can be impersonated'

"There's a sense of powerlessness about it, because once it's out there you can't get it back - it can't be unreleased."
Watch: Economist Shamubeel Eaqub spoke to The AM Show.
Coronavirus

Food, agriculture industries next in line to feel brunt of coronavirus

Logistical issues are making getting products into and around China difficult.
Related video: Every year, hundreds of thousands of Kiwis try their hand at winning Powerball.
Money

Lotto: Powerball rises to mind-boggling amount

Are you in to win?
Money
Technology

KiwiSaver provider reveals hackers have stolen customers' data

"Unfortunately, malicious attacks of this nature are becoming more common both in New Zealand and globally."