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Money

LAUGH MY ASSETS OFF WITH ELI MATTHEWSON

Money
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LMAO EP 6: How well has Eli Matthewson invested his own money? Watch the experts grill him
Money
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LMAO EP 5: Here's how to make an investment portfolio 'glow'

PERSONAL FINANCE

Charlene has been able to pay off her car.
Debt

From bankruptcy to debt-free: The savings hack that helped Charlene turn her life around
London, England, United Kingdom
Personal Finance

The small change to KiwiSaver that could add $100k to your balance
Related video: Kiwis continue to feel the pinch with fuel prices rising along with household living costs.
Cost Of Living

'Vulnerable to financial shocks': Kiwi households struggling to afford bills - report
Related video: Economist Cameron Bagrie says don't expect interest rates to drop as low as they have in the past decade.
Economy

Explainer: Did we have to have the interest rate pain?

REAL ESTATE

Money
Housing

Who has the upper hand in a 'subdued' housing market

Watch: First home owners who bought at the peak of the market are the big losers in latest figures.
Housing

Thousands of first-home buyers have deposits wiped out
A premium estate agent says rich homeowners are leaving for Australia and taking their businesses with them.
Real Estate

'Taking about $50m worth of equity': Premium estate agent claims wealthy Kiwis selling up for Aussie
Companies that help homeowners find foreign homestay students say they are seeing more people register to be host families.
Housing

Homeowners look for homestays, flatmates as high costs bite

COST OF LIVING

Watch: Food banks and budget advisers face cuts from next week with some providers saying they'll be forced to drastically reduce the number of food parcels they hand out.
Cost Of Living

'They need you': Auckland City Mission calls for help as Govt slashes funding
Kaiora Tipene criticises the process for accessing Work and Income Funeral Grants.
Ministry of Social Development

'Casketeers' star calls Funeral Grant process 'archaic', 'daunting'

Watch: Hugo Moffett speaks with AM.
Cost Of Living

Kiwi teen creates website for second-hand school uniforms to combat 'crazy expensive' prices

New Zealand Food Network's latest survey found the demand for food support last year was up 42 percent on the year before.
Exclusive
Cost Of Living

Rapidly growing number of New Zealanders fearful about where their next meal is coming from
Watch: StarJam chief executive Gilli Sinclair on AM.
Disabilities

Organisation helping disabled people launches urgent appeal amid closure threat
Watch: Online school is proving a hit for an increasing number of Kiwi kids.
Education

'A lot more flexibility': Online schools surging as cost of living, bullying push kids away
Shoppers say they're still searching for savings, despite a drop in prices for fresh produce.
Supermarkets

Fruit and vege prices drop, but shoppers still feel the pain
Watch: Variety mum Sue Stone says not to judge a book by its cover, after she had to turn to charity for help to pay her child's huge medical bills.
Poverty

'Don't judge the book by the cover': Kiwi mum's advice as number of children in poverty rises

KIWISAVER

Related video: January data from Centrix shows arrears have hit their highest level in seven years.
Kiwisaver

Staggering amount KiwiSavers are missing out on from Govt not indexing contributions to inflation
London, England, United Kingdom
Personal Finance

The small change to KiwiSaver that could add $100k to your balance
Booster Investment Management Ltd allegedly breached related party transaction provisions, the FMA says.
Money

Popular KiwiSaver provider slapped with civil proceedings

Related video: January data from Centrix shows arrears have hit their highest level in seven years.
Kiwisaver

KiwiSaver analysis: Report reveals best and worst performing, most and least ethical funds

LATEST MONEY NEWS

Watch: ASB chief economist Nick Tuffley joined the final AM show on Friday morning to discuss employment and the economic outlook.
Employment

'Always darkest before the dawn': Economist says job losses will mount while wages flatten

Nick Tuffley joined the final AM show on Friday morning to discuss employment and the economic outlook.

Related: What are Kiwis' chances of winning Powerball?
Lotto

'Weren't in a rush': All winners of $50m Lotto prize have finally come forward

"We usually only check our tickets when we remember to."

Related video: Lotto's Lucy Fullarton tells AM about Kiwis' chances of winning Powerball.
Lotto

Two Lotto players share $1 million, 8 take $28.8k - where the winning tickets were sold

Eight players across the country shared Second Division, winning $28.8k each.

Related video: Spending data shows consumer spending subdued in last quarter of 2023.
Economy

Retail spending slump nearly surpassing '80s sharemarket crash, worse than GFC

Data released from Worldline shows June was an "especially quiet" month for retailers.
Watch: CoreLogic head of research Nick Goodall on AM.
Housing

House prices have largest monthly drop in a year

CoreLogic's House Price Index fell 0.5 percent in June.

File photo.
Economy

Auckland dethroned by surprising region in latest economic scoreboard

Southland surged 10 places up the leaderboard.
In Auckland, delists were more than 35 percent.
Housing

The regions where house sellers are giving up rather than taking lower prices

In Auckland, delists were more than 35 percent.
Watch: Reserve Bank of Australia set to hike interest rates - are New Zealanders also in for some hurt?
Economy

NZ business confidence diminishes further - what this could mean for interest rates

Results of a new survey are being described as "hugely encouraging" for the Reserve Bank.

The Auckland Anniversary floods.
Climate Change

Warning New Zealand homebuyers aren't pricing in climate risks

In New Zealand, around 20 percent of houses are on floodplains.
Cameron Bagrie spoke to Lloyd Burr.
Economy

'Nasty surprise': Aussie central bank set to hike rates - are Kiwis also in for some hurt?

"The trend has started to move up."

Watch: Janika ter Ellen's report.
Auckland

'Drive the prices down': Tips to get the cheapest petrol as regional fuel tax lifts

Plus, this is the members-only retailer with the cheapest fuel in the city.
Related video: Commerce Commission confirms NZ petrol prices fast to rise but slow to drop.
Auckland

Have petrol prices dropped in Auckland following removal of regional fuel tax?

From today, Auckland's 11.5c per litre regional fuel tax no longer applies.

Related video: Consumer NZ is concerned a law brought in by the last Government, designed to get Kiwis a fairer deal, hasn't reached everywhere people shop.
Money

Do stores still have to accept cash, and who still uses it?

The Reserve Bank says there is $9 billion in circulation, almost double what there was 10 years ago.
The start of July brings a raft of changes that will affect households across the country.
Money

Today's changes that could affect your bank account

The start of July brings a raft of changes that will affect households across the country.
Related video: Government unveils 10-year transport plan, including several new road tolls and increased petrol tax
Auckland

AA puts fuel companies on notice ahead of Auckland tax removal

The Automobile Association says it will be watching closely to make sure fuel companies pass on savings to customers once they are no longer collecting the Auckland regional fuel tax.

Related video: Seventy percent of Kiwis admit they are worried about money.
Wealth

'The Gates Foundation has no money coming': Buffett's shock will move

Warren Buffett just changed how his considerable fortune will be spent following his death.
Prescription fees, single-use plastics, public transport and fuel taxes all changed on July 1 last year.
Economy

How are Kiwis faring one year after 2023's big changes?

Prescription fees, single-use plastics, public transport and fuel taxes all changed on July 1 last year.
Related video: Lotto's Lucy Fullarton tells AM about Kiwis' chances of winning Powerball.
Lotto

Strike player wins $400k, 14 share almost $300k - where the winning tickets were sold

Powerball has rolled over.

Related video: January data from Centrix shows arrears have hit their highest level in seven years.
Kiwisaver

Staggering amount KiwiSavers are missing out on from Govt not indexing contributions to inflation

The $521 contribution is now worth 26 percent less than when it was initially set.
Watch: Many countries are starting to get inflation down.
Economy

The key piece of evidence pointing to rate cut this year, according to economist

But Tony Alexander is warning of how businesses could be "ensuring this recession extends into 2025".

Related video: Stores are reporting a huge demand in the past day after Lotto Powerball jackpots to $50m.
Lotto

Revealed: How much profit Lotto raked in over last year

It comes after millions of tickets were sold for a mega $50 million Powerball jackpot earlier this month.
Close to 65,000 homes have been built in the Auckland region since 2018.
House Prices

Surge in Auckland new builds, house prices remain expensive

Close to 65,000 homes have been built in the Auckland region since 2018.
It’s not just Hooters feeling the financial brunt from cash-conscious customers.
United States

Hooters goes tits up, closes dozens of restaurants across the US

It’s not just Hooters feeling the financial brunt from cash-conscious customers.
"I am one of the team that doesn't even shop at my own store because I can't afford to."
Employment

What do supermarket workers really get paid and why does it vary so much?

"I am one of the team that doesn't even shop at my own store because I can't afford to."
Related video: Lotto's Lucy Fullarton tells AM about Kiwis' chances of winning Powerball.
Lotto

Lotto player wins $1 million, 17 take $12.5k - where the winning tickets were sold

Powerball was not won and has jackpotted to $6 million for Saturday night's draw.

ANZ has downgraded its expectations for house price growth to 1 percent.
Interest Rates

'Significant falls' in interest rates may lie ahead

ANZ has downgraded its expectations for house price growth to 1 percent.
Charlene has been able to pay off her car.
Debt

From bankruptcy to debt-free: The savings hack that helped Charlene turn her life around

The stay-at-home mum had accumulated over $60,000 in debt.
Related: 'Ghost jobs' phenomenon infiltrates overseas market.
Employment

'Incredibly tough labour market': NZ job ads plummet

But one region is bucking the trend.

Money
Business

'Under pressure': The Warehouse gives troubling financial update

It's blaming increasingly subdued consumer demand compounded by a mild winter resulting in lower than anticipated sales.

Times might be tough, but there's one glimmer of (possible) relief.
Minimum wage

How many Big Macs can the NZ minimum wage buy?

Times might be tough, but there's one glimmer of (possible) relief.
Related video: Inland Revenue's $30 million plan for office renovations called 'out of touch' by National's Nicola Willis.
Tax

'Such a burden': Parents shocked at owing thousands in unanticipated tax bill

A lot of people are "super stressed" about their bills amid the high cost of living.
Related video: A new phenomenon called 'ghost jobs' has been infiltrating the job market overseas.
Employment

Applicants say job hunting like 'The Hunger Games' as labour market tightens

One applicant said candidates are "desperate, overqualified and willing to compromise".
Related video: An industry insider says The Warehouse's $1 sale of Torpedo7 is a sign the retail sector is struggling. Credits: Image - Google Maps; Video - Newshub
Retail

What went wrong for The Warehouse and why is Kmart crushing it?

"They try to expand and everyone forgets about the core."
Related video: Lotto's Lucy Fullarton tells AM about Kiwis' chances of winning Powerball.
Lotto

Four Lotto players share $1m, 17 win $15k - where the winning tickets were sold

Powerball was not struck and has rolled over to Wednesday night, where the jackpot will be $5 million.
The Les Mills NZ website prominently advertises a free 30-day trial for the Les Mills Plus (LM+) online workouts platform.
Business

Woman calls Les Mills Plus' free 30-day trial a 'scam', warns others of similar offers

It's currently offering a 30-day free trial, but one woman says she was charged after 14 days.
There's concern in the construction industry tradies will be forced out of business because of the Government's revamp of Kāinga Ora.
Kainga Ora

Tradie jobs could go as Kāinga Ora pauses 3000 homes due to Govt review

There's concern in the construction industry tradies will be forced out of business because of the Government's revamp of Kāinga Ora.
Top Energy workers install a portable generator on Marsden Rd, Paihia.
Energy

Cost of Northland power cuts could be tens of millions

Almost 100,000 properties were affected after a pylon collapsed at Glorit.
Money
Employment

'Exceptionally high': Job seekers face fierce competition as number of applicants skyrockets

Bad news if you are in the market for a new job.
Watch: NZ out of technical recession.
Economy

Economy 'deep in the excrement', bad-performing firms 'getting weeded out' - expert

Tony Alexander says the economic pain "is going to get a lot worse" before the end of the year.
Related video: Business leaders give worrying update as consumer confidence dwindles.
Economy

'Don't pop the champagne': Why economists aren't celebrating NZ's limp out of recession

Kiwis are still "getting smaller slice of economic pie".