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News
'Horrendously high' number of HIV infections in Fiji babies - health researcher
18+ hour, 7+ min ago (358+ words) A "horrendously high" number of babies in Fiji are dying due to HIV related complications, says a health researcher, as the prevalence of the disease grows there. The New Zealand government website SafeTravel says people travelling to Fiji should avoid…...
Secondhand jeans far more eco-friendly than new pair - research
10+ hour, 21+ min ago (197+ words) The environmental cost of a new pair of jeans could be enough to make a shopper blue. Brand new jeans can have an environmental footprint that is 180 times higher than pre-loved ones.That's according to new research from Planetary Accounting…...
Are oil price hikes putting a pre-election OCR increase back in play?
10+ hour, 20+ min ago (414+ words) Recent spikes in global oil prices and bond yields appear to be increasing the possibility the Reserve Bank will need to hike the Official Cash Rate again in October. While the Bank hiked the OCR earlier this month by 0.25 percent,…...
How much beneficiaries are left with after paying the rent
14+ hour, 42+ min ago (519+ words) Beneficiaries are living on an average of $251 a week once they've covered their housing costs, a government report shows. A budgeting advisor says her clients are not getting by, and every day someone seeks help with KiwiSaver hardship withdrawals to…...
Train passenger numbers jump 38% on first weekday of Auckland's City Rail Link
18+ hour, 32+ min ago (762+ words) Auckland's City Rail Link has had its first full weekday in operation on Monday after a busy Sunday opening, and some businesses are already gearing up for opening an extra day in anticipation of more customers. Auckland Transport estimates 32,000 people…...
Jobs still lagging as services sector improves
14+ hour, 27+ min ago (415+ words) The services sector extended its run of growth to three months in August, but the recovery is yet to spread across the wider economy. New Zealand's services sector has expanded for a third consecutive month, with new business continuing to…...
Why a financial adviser says nearly every rental property he's owned has lost money
17+ hour, 52+ min ago (645+ words) Financial adviser Niran Iswar says almost every rental property he's ever owned has lost money - and he thinks more people are coming around to the idea that it's not always a surefire way to make money. Iswar, who is head…...
'Flawed assumptions' behind Immigration NZ's bungling of tech upgrade
19+ hour, 15+ min ago (618+ words) Immigration New Zealand overestimated the benefits from its newest transformation project by $134 million because of "significantly flawed assumptions". The new head of INZ said it was virtually unheard of to get the productivity savings the project had forecast, and it…...
'Imitation' or 'perfect solution' - Labour's KiwiSaver policy
21+ hour, 24+ min ago (755+ words) Labour has been "ankle tapped" by National on KiwiSaver according to the managing director of Simplicity, but the wife of Sir Michael Cullen, who got the scheme going, says the party's found the "perfect solution." It comes as Nicola Willis…...
Labour to make employer contributions to KiwiSaver compulsory if elected
1+ day, 11+ hour ago (603+ words) Labour will make employer contributions to KiwiSaver compulsory, as well as raise the minimum to 6 percent even when employees reduce or pause their own, with the party saying it wants to make the retirement savings scheme "work harder for more…...