The government will pay about $260 into the accounts of people who have contributed $1042 into KiwiSaver by the end of June.
New Zealand
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The bank cited wholesale interest rates and uncertainty from the conflict in the Middle East as reasons for the increases.
Business
Thursday 3:41pm
The $28.2m winning ticket was sold at Four Square Netherby.
Thursday 7:41am
It's that time of year when a tax refund notice – and hopefully not a bill – can turn up in your inbox.
Wed, Jun 3
Bigger is not always better when it comes to returns, new data shows.
Tue, Jun 2
The $620 million deal would create New Zealand's seventh-largest bank, subject to regulatory approval and community consultation.
Nine winners from across the country will share more than $1.4 million in Saturday's Lotto draw, with a $28 million jackpot up for grabs on Wednesday.
Sun, May 31
Feed a crowd without breaking the bank: Alice Taylor shares tips on cooking dried pasta to perfection and creating simple, nourishing sauces, just like they do in Italy.
Life
In the latest in our Finances after Fifty series we talk to one of New Zealand's leading divorce lawyers Lady Deborah Chambers about breaking up, moving on and her working class origins.
Sat, May 30
OPINION: The Government said it would be no lolly scramble and they weren't kidding. With another treat-free year on the horizon, Frances Cook shares tips on how to be best prepared.
The Reserve Bank kept the OCR at 2.25% on Wednesday but signalled rate rises would come earlier and more quickly than previously expected later in the year.
Thu, May 28
Winners from Waiuku and Hāwera share Wednesday night's First Division prize, but Powerball is still up for grabs.
The Reserve Bank's moved to keep the official cash rate on hold, but push up its forecast of increases.
Wed, May 27
Economists from one bank argue that further hikes are not needed yet, with other forecasters split on how soon the rises will begin.
The average balance across all members is now $41,286, up 11.3% from 2024. Men's average is $47,452 and women's $38,212.
Tue, May 26
Some are relying on credit cards to manage their bills, while others are skipping meals and calling in sick to cope.
Mon, May 25
Wednesday's decision comes as financial markets price in a small but growing chance of an increase.
Politics
In the latest in our Finances after 50 series, we talk to Sumita Paul, a financial advisor whose business is focused on women over the age of 50.
Sat, May 23
Savannah Carter shared a video online of Wealth Mentor chief executive Kyron Gosse slapping her.
Crime and Justice
Tue, May 19
New Zealand First might want the government to buy back BNZ and meld it with Kiwibank - but there's limited evidence that it would work.
Mon, May 18
With a couple of tiny tweaks, your KiwiSaver could make you more money, and who wouldn't take advantage of that?
Sat, May 16
In the latest in our Finances after 50 series, we talk to 60-year-old Mikaere Hina of Taranaki about work, stress and the gap between the Māori and Pākehā approaches to money.
Agents report the top three concerns of buyers were rising interest rates, employment and then falling house prices.
Sun, May 10
In the latest in our Finances after 50 series, we talk to Max Richards who Pak’nSave Napier shoppers will recognise as a vibrant presence in the store.
New Zealanders are warned to check they're being paid the interest rate they think they are in their savings accounts.
Sat, May 9