Economy
Early Business News for 9 May 2024
Latest news from Radio New Zealand's business team. Audio
Lack of demand 'number one problem for businesses'
The new economic reality has hit a growing number of companies as they reveal significant hits to their earnings and profits. Audio
James Shaw on what he's got planned after politics and what advice he has for the Green Party
Former Greens Co-Leader James Shaw on why the party should consider working with National in future, why he's been called a "tree Tory", and what he's got planned after politics. Video, Audio
Ministry of Social Development to cut funding for debt advisors
A debt solution provider is warning that cutting funding for advisors could worsen the mental health of those already struggling financially. DebtFix chief executive Christine Liggins spoke to… Audio
Are record migrant remittances helping keep inflation in check?
The country's record net migration of 139,000 new arrivals in the last year has raised concerns about the potential impact on consumer demand and the flow-on to inflation. Audio
Popular payment method may be putting customers at risk
A popular payment method used by some big organisations may be putting customers at financial risk. Consumer investigative writer Ruairí O'Shea spoke to Ingrid Hipkiss. Audio
Sheep farmers cutting costs, looking for new income sources as prices plummet
One of them said Wellington was "a vortex sucking cash out of the rest of the economy".
KiwiSaver investments ride wave of optimism
Optimism in global markets has driven an improvement in the value of KiwiSaver assets in the first quarter.
Government on track for increased deficit despite fall in spending - Treasury
The government books are worsening as a fall in tax outpaces cuts to spending, leaving it on course to post a sizable deficit.
Business commentator Victoria Young
BusinessDesk editor, Victoria Young crunches the numbers as Westpac and BNZ post their six-month results, with other major banks expected to follow. Audio
Morning Report Essentials for Tuesday 7 May
On today's episode, we hear from Prime Minister Christopher Luxon about the $1.9 billion promised for corrections, and we get reaction from former prisoner and penal reform campaigner Cosmo Jeffery… Audio
Westpac CEO on tough times for customers and combatting scams
Westpac says many households and businesses are struggling with high interest rates and costs and the coming months will be challenging. Chief Executive Catherine McGrath talks about the sluggish… Audio
Five percent of world's antimony could be in Reefton
An Australian mining company is predicting a West Coast mining town could be sitting on a huge supply of a valuable mineral used in everything from mobile phones to solar panels and electric vehicles… Audio
PM Luxon on confusion over Corrections media conference
In a confusing media conference at Parliament on Monday, the Prime Minister and Corrections Minister repeatedly provided incorrect information about their planned prison spend-up. Prime Minister… Audio