Police arrest three at Waiheke Island marina protest

Police have made three arrests at a Waiheke Island protest where protesters are trying to stop a marina being built.A group, Protect Pūtiki, has posted images of police at the usually quiet Kennedy Point area.Inspector Dave... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

ASB to repay customers $9m following Commerce Commission warning

ASB will repay customers nearly $9 million following a Commerce Commission warning over borrowers being overcharged.The consumer watchdog warned the bank that it is likely to have breached its obligations by failing to act with... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

Covid 19 coronavirus: NZ avoids second pandemic recession thanks to strong GDP data

Stronger than expected GDP data for the first three months of 2021 shows New Zealand avoided a second pandemic recession. Gross domestic product (GDP) rose by 1.6 per cent in the March 2021 quarter, following a 1 per cent fall... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

Cooking the Books podcast: How the digital world is turbo-charging change in our money habits

Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how smartphones are changing the way we handle our cash. Hosted by Frances Cook. Listen to the Cooking the Books podcast here or... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

Reserve Bank adds debt to income lending restrictions to toolkit

The Government has agreed to add debt-to-income lending restrictions to the Reserve Bank's toolkit but on the condition that any implementation minimises its impact on first-home buyers.The Reserve Bank has been keen to add the... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

Jacinda Ardern on carve-out for farmers in EV rebate scheme: 'Strong consideration' but rejected

Prime Minister Jacinda Ardern says the Government considered exemptions for farmers and tradies for its feebate scheme - but ultimately decided against them because they would be "hard to operationalise".The scheme, announced on... Source: NZ Herald Business News

By | June 16th, 2021|Business|0 Comments

Another drop in prices at Global Dairy Trade Auction

Prices eased again at the second Global Dairy Trade auction for the new season, with a 1.3 per cent drop from the previous event.Whole milk powder - which has the biggest influence on Fonterra's farmgate milk price - was also down... Source: NZ Herald Business News

By | June 15th, 2021|Business|0 Comments

Face to face banking fees should be dropped – Age Concern

As technologies, smartphones and the internet continue to change the ways we bank, those without access to such platforms are being increasingly left out - and at a price.Having the opportunity to speak face-to-face with fellow... Source: NZ Herald Business News

By | June 15th, 2021|Business|0 Comments

'Long tunnel' in the mix for Let's Get Wellington Moving rethink

As if a second Mt Victoria tunnel in Wellington wasn't controversial enough, there's now mention of a "long tunnel" in alternative versions of the city's $6.4 billion transport plan. Let's Get Wellington Moving (LGWM) is behind... Source: NZ Herald Business News

By | June 15th, 2021|Business|0 Comments

Australia says it's reached a free-trade deal with Britain

Britain and Australia had agreed on a free trade deal that will be released later today, Australian Trade Minister Dan Tehan said.The agreement is the first for Britain since it left the European Union.British Prime Minister Boris... Source: NZ Herald Business News

By | June 15th, 2021|Business|0 Comments