New forecasts from the Treasury reveal a surplus is now not expected until 2030 – when the books will be in the black by $2.3 billion.
Business
1:10pm
The tax department made applications to wind up more than 120 business in November alone.
9:53am
1:29
A worker at a special court that helps Auckland's homeless who have committed low-level offences turn their lives around, says she is seeing increasing levels of poor mental health and distress.
New Zealand
9:13am
Nicola Willis' performance as Finance Minister is under scrutiny as expectations grow for an economic recovery.
6:00am
Dr Anna Breman spoke exclusively to 1News in her first one-on-one interview since she took the reins of the Reserve Bank of New Zealand.
Monday 6:27pm
2:37
Some are warning that an AI fall could bring a share price collapse to tech stocks.
Sun, Dec 14
Kiwibank has released its outlook for 2026, noting that the Reserve Bank is currently "at the centre of some confusion".
The days before Christmas and after New Year often give financial analysts a glimpse into the financial health of the year to come.
Life
Sat, Dec 13
"November really is the launch pad for the busy Christmas sales, so this increase sets up retail for a positive end to a really difficult trading year," Carolyn Young said.
Fri, Dec 12
"Longer-term fixed-rate mortgages are influenced primarily by wholesale interest rates and the future rate outlook, as opposed to the current OCR," the Co-operative Bank said.
The Minister for Workplace Relations and Safety is required by law to review the minimum wages annually to take effect April 1 each year.
A systems error affected more than 150,000 student loan borrowers.
1:30
David Seymour says the current licensing rules are heavy-handed and outdated, and will be replaced with new rules.
Environment
Thu, Dec 11
The S&P 500 rose 0.4% and inched closer to its record after the Federal Reserve cut its main interest rate to bolster the job market, like nearly everyone on Wall Street expected.
World
The finance minister says people should investigate which bank could offer them the best deal after Westpac increased its fixed-term home loan rates.
"This really starts to suggest a deficiency in change control of IRD systems."
Wholesale rates are getting the blame for the fact that two weeks after the official cash rate was cut, one major bank has increased some of its fixed-term home loan rates.
Wed, Dec 10
On Tuesday morning, Willis challenged Richardson, who was finance minister from 1990 to 1993, to a debate.
Politics
Tue, Dec 9
Since December 1, domestic Visa and Mastercard payments have been subject to new caps on interchange fees.
Mon, Dec 8
But sorry, those quick fix 'miracle hacks' that the internet loves to offer us are usually too good to be true.
Lower interest rates, resilient exports, and renewed consumer confidence are driving a positive outlook for the coming year, ASB chief economist Nick Tuffley says.
Lucy Griggs moved to Brisbane earlier this year and has no regrets.
Sun, Dec 7
It’s being blamed on the high costs facing households, prompting GiveALittle to create a special “day of giving”.
Sat, Dec 6
In October 2025, $49.4m was withdrawn for hardship reasons, up from $38.4m in October 2024.
Inland Revenue (IR) was asking for feedback on proposals to improve the way new loans by companies to shareholders are taxed.
Fri, Dec 5
