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Personal Finance

Lotto players will see a change on their tickets.

Wife finds husband 'lying on the floor in shock' after $15m Lotto win

“This is life-changing for us. We have worked so hard for many years, and this gives us so much opportunity for our future,” the man said.

New Zealand

Sat, Oct 31

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

Historic drop for Alphabet's stock drags US market lower

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

World

Fri, Oct 30

The official cash rate is now set by a monetary policy committee.

RBNZ set to raise benchmark interest rate despite previously signalled pause

The RBNZ is expected to raise the official cash rate by 25 basis points to 3.0%, the third consecutive rate rise and the highest OCR level in a year.

Business

Wed, Oct 28

Five tricks from the supermarket playbook to make you buy more

Five tricks from the supermarket playbook to make you buy more

You ducked into the shop for milk. You walked out with a basket full of products you didn’t plan to buy. Sound familiar?

Life

Wed, Oct 28

Lotto (illustration).

Auckland Lotto player strikes it rich with $15.25m Powerball win

The lucky winner purchased the ticket through MyLotto, taking home $15 million from Powerball First Division and a further $250,000 from Lotto First Division.

New Zealand

Sun, Oct 25

Lotto players will see a change on their tickets.

Wife finds husband 'lying on the floor in shock' after $15m Lotto win

“This is life-changing for us. We have worked so hard for many years, and this gives us so much opportunity for our future,” the man said.

New Zealand

Sat, Oct 31

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

Historic drop for Alphabet's stock drags US market lower

Alphabet, a Wall Street heavyweight, plunged 12.6% in its worst trading day since its Class A shares began trading more than 20 years ago.

World

Fri, Oct 30

The official cash rate is now set by a monetary policy committee.

RBNZ set to raise benchmark interest rate despite previously signalled pause

The RBNZ is expected to raise the official cash rate by 25 basis points to 3.0%, the third consecutive rate rise and the highest OCR level in a year.

Business

Wed, Oct 28

Five tricks from the supermarket playbook to make you buy more

Five tricks from the supermarket playbook to make you buy more

You ducked into the shop for milk. You walked out with a basket full of products you didn’t plan to buy. Sound familiar?

Life

Wed, Oct 28

Lotto (illustration).

Auckland Lotto player strikes it rich with $15.25m Powerball win

The lucky winner purchased the ticket through MyLotto, taking home $15 million from Powerball First Division and a further $250,000 from Lotto First Division.

New Zealand

Sun, Oct 25

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The rate is up for review next week and is expected to increase, probably by 25 basis points.

Petrol prices fuel inflation - so is an interest rate rise the right move?

Kiwibank chief economist Jarrod Kerr said with fuel price pressure on households and businesses, it was reasonable to ask whether another official cash rate (OCR) increase was likely.

New Zealand

Fri, Oct 23

Person buying a Lotto ticket.

'Such a shock': Northland Lotto friends win $1m from bonus ticket

The winning bonus ticket spent days pinned to a noticeboard before one of the women took it home to check.

New Zealand

Thu, Oct 22

Stack of New Zealand coins and banknotes.

Inflation eases to 3.7% - Stats NZ

The Stats NZ figure is down from 4.1% in the June quarter.

New Zealand

Thu, Oct 22

Labour Day weekend marks the start of the warmer months, with many shops, supermarkets and cafes open on Monday, though some may charge public holiday surcharges.

Labour Day: What's open, what's not and when you pay a surcharge

Many shops, supermarkets and eateries will open on Monday, but hours may vary and surcharges may apply. Here’s what to know ahead of the long weekend.

Business

Wed, Oct 21

Powerlines

Power prices up for some pre-Christmas, despite wholesale prices falling

Kiwi households are facing another increase in power bills, with consumer advocates warning who will be hit hardest.

Business

Mon, Oct 19

Change can be scary.

Life rarely goes to plan - here's how to get better at adapting

Uncertainty is a fundamental part of life, whether it's our relationships, our health, our finances - so how can you handle it better?

Life

Mon, Oct 19

Composite image: Callum Lloyd

It's been a life of both joy and tragic loss, but at 75 she's 'the egg lady' and thriving

In the latest in our Finances after Fifty series, a Wellington pensioner supplements retirement with a fresh egg business.

Life

Sun, Oct 18

SWB Foods Limited operator Wenbin (Ivan) Shi was sentenced to 10 months home detention for evading more than half a million dollars in tax.

Pizza shop owner sentenced to home detention for $500k tax evasion

Wenbin (Ivan) Shi, who operated Hell's Pizza in Paraparaumu through SWB Foods Ltd (SWB) since 2014, was sentenced in the Porirua District Court on October 15.

Business

Sat, Oct 17

More Kiwis are directing their spare cash into savings accounts as confidence in the sharemarket falls.

Why Kiwis are pulling back from shares and stashing cash in savings

Sharesies data shows investor confidence has hit its lowest level since late 2024, with savings activity surging 88% amid global uncertainty and the looming election.

Business

Tue, Oct 13

An Auckland Transport bus in Botany Downs with a dot-matrix display apologising for being out of service (file image).

Auckland bus card readers overcharge thousands - one rider stung $433

The Commerce Commission is assessing whether to investigate, and nearly $48,000 is still owed to 1615 people that officials can't track down.

New Zealand

Tue, Oct 13

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But there’s a major difference between the least and most expensive regions.

Who is cashing in as petrol prices hit record high at the pump?

Energy expert and former Marsden Point refiner says there are a few parties raking it in – for different reasons.

New Zealand

Mon, Oct 12

An important date for business falls just as owners are often returning from holiday.

Why the 'worst time for business owners' is coming in three months

Both GST and income tax payments will be due, while revenue is often down because business has slowed over the Christmas period.

Business

Mon, Oct 12

The couple, who wish to remain anonymous, play Lotto regularly and found out about their win during their usual Sunday routine.

Fillet steak, gold-plated toothbrush: $15.3m Lotto winner's wishlist

The Auckland couple are the first to win a Powerball jackpot under the new 14-ball format.

New Zealand

Fri, Oct 9

'Determined, premeditated': Couple sentenced for $560,000 tax evasion

'Determined, premeditated': Couple sentenced for $560,000 tax evasion

Ruta and Sili Ah Ching continued to trade after their companies were struck off, with attempts by IRD to clarify the situation met with "zero co-operation and compliance.”

Crime and Justice

Wed, Oct 7

Kiwi drivers filling up with 91 are now paying more than ever before.

Petrol price hits all-time-high as average litre of 91 tops $3.50

The average price of New Zealand’s most popular fuel grade has topped $3.50 a litre, with a weak Kiwi dollar adding to the pain at the pump.

Business

Mon, Oct 5

ACT leader David Seymour stood in front of the campaign bus to deliver the policy announcement.

ACT vows to scrap tax on KiwiSaver earnings, end Govt contributions

David Seymour announced at ACT's campaign launch that the policy could potentially save Kiwis hundreds of thousands of dollars across their careers.

New Zealand

Sun, Oct 4

Does KiwiSaver really make New Zealanders better off?

Does KiwiSaver really make New Zealanders better off?

Some commentators still argue it may not be as wealth-boosting as hoped.

Business

Sun, Oct 4

A lot of parties are campaigning around the (currently) voluntary savings scheme.

Is this the KiwiSaver election? Here's what experts wish politicians would get right

KiwiSaver is shaping up to be a key issue of Election 26, with National, Labour, NZ First and the Opportunity party all suggesting changes to the scheme.

Life

Sun, Oct 4

Artist Liz Maw with some of her works in the background. (Composite image: Callum Lloyd)

'I'll do this till I drop': Artist Liz Maw on renting, working hard and feeling lucky

At 60, Liz Maw has become one of New Zealand’s best-known artists, with zero plans to retire.

Life

Sat, Oct 3

Thirty-five chambers of commerce have banded together to urge the Government to drop the proposed ban.

Australia bans card surcharges - will we follow suit?

Research conducted by Consumer NZ showed 58% of people supported or strongly supported a ban on card payment surcharges.

Business

Thu, Oct 1

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