Business & Markets

Christchurch insurance premium hike baffles homeowners

An insurance company may be attempting to freeze high-risk properties out of the market by increasing their premiums, an earthquake claims advocate claims. A Christchurch man was left stunned after his insurance premium rose by 440 percent after Tower...... Read More

Older workers untapped resource

An ageing population, a declining birth rate and a deepening skills shortage means a perfect storm is brewing on how New Zealand manages its ageing workforce. A white paper called Act Now Age Later, launched by the Minister for Seniors, Tracey Martin,...... Read More

Earning $150k and still falling behind

Research from the Commission for Financial Capability shows a quarter of those they spoke to were from families with incomes between $100,000 and $150,000, and who also had high-interest loans from third-tier lenders, like pawnbrokers or mobile lending...... Read More

Don Brash nominated for New Zealander of the Year

Former National Party leader and Reserve Bank governor Don Brash has been nominated for New Zealander of the Year. Dr Brash spoke at a University of Auckland debate last week on free speech. Massey University had previously cancelled his speaking event...... Read More

Vegetable prices shoot up in July

Higher prices for vegetables led food price inflation of 0.7 per cent in July 2018, Stats NZ says today. Vegetable prices rose 9.2 per cent in the month, with higher prices for fresh lettuce (up 77 per cent), tomatoes (up 30 per cent), and broccoli...... Read More

Mānuka honey seller warns of ’loopholes’ in industry

Some people buying mānuka honey in New Zealand are probably getting a raw deal, an Ashburton honey seller is warning. The Ministry for Primary Industries (MPI) is currently seeking feedback on whether to extend the export grade standard to mānuka...... Read More

Toxic algal blooms still flourishing despite the cold

There is an unusually high number of toxic algal blooms around the country for this time of year, the Ministry for Primary Industries says. There are currently four warnings in place against shellfish collection due to algae - Bay of Islands, Pelorus...... Read More

Extension for exceptional employer awards

Associate Minister for Agriculture, Meka Whaitiri has extended the nomination period for the Primary Industries Good Employer Awards. The reason for the extension is to recognise more outstanding employers from the sector which employees around one...... Read More

Kiwi kids will be better off with money

Banqer, the online financial literacy platform that sees New Zealand primary school students paying tax, saving for retirement and buying property, is set for another boost. Kiwibank, which is in its third year of partnering with Banqer, has committed...... Read More