Money News

Million-dollar prices spread

A million-dollar property on the market in Rotorua.

Seven-figure properties are no longer just found in Auckland.

Where's our coffee table?

The table Marjan Bassam tried to collect.

Marjan Bassam went to pick up her $400 table, but the shop said it had already been collected.

Bank boss honoured

Ross McEwan, the chief executive of the Royal Bank of Scotland, has been awarded a Massey University alumni award.

Massey University has given a prestigious award to the head of a British bank.

Have children and save money

Claire Laverty, says accepting hand-me-downs saved her a lot of money with daughter Evelyn.

$250,000 to raise kids? Nonsense, say these parents.

Parties not covered by insurance

Thefts at an open home may also not be covered.

If you're leaving your teenagers in charge this weekend ... watch out.

Kick your credit card habit

Are your credit card purchases simply adding to Visa's bottom line?

OPINION: Is the plastic in your wallet enabling an expensive addiction?

Painter's fake $5.1 trillion deal

"I always wanted to be wealthy, so I could have more free time with my family," says artist Antonio Lee.

An obscure Chicago artist became the world's richest man, and no-one thought to question it.

Are you backing tobacco?

While governments and health officials work against tobacco, some financial institutions undo that work with financial ...

Idea that KiwiSaver would invest in an industry creating a lethal product is 'incomprehensible', campaigner says.

RBNZ's new house warning video

Reserve Bank governor Graeme Wheeler is expected to leave the OCR unchanged this year.

Governor leaves OCR on hold, but hints house prices could start climbing again.

Health insurance crunch time

Health insurance is there to pay for medical treatments that would be judged as not urgent in the public healthcare system.

Ageing baby boomers are struggling to pay sky-rocketing health insurance premiums.

FMA moves on Forestlands concerns

Many ordinary investors sunk money into forestry, sometimes waiting decades for their investment to pay off.

Forestry investors' $18 million put into trust.

Ex-lecturer fights bankruptcy bid

080411. Business. Photo: supplied. Ulf Fuhrer, Founder and Managing Director of Wellington boutique distillery, Aotearoa ...

Bank takes liquor company founder turned estate agent to court over debts of more than $27,000.

Insurance you don't need

If you're considering an expensive policy, it's worth getting advice.

Chances are you've got one of these or thought about it - sometimes an insurance policy is a waste of money.

No, pretty people don't make more money video

The beauty premium - where good looks are said to pay - turns out to be a myth.

It turns out looks don't make a difference when it comes to your pay cheque. 

Insurance to cover cancer drugs

Immunotherapy drugs stimulate the immune system to kill cancer cells, but treatments can cost more than $100,000 a year.

Insurer AIA launches cover for super-costly immunotherapy cancer drugs.

Burglars from hell holiday rampage

Burglars continue their crime wave, with one in three Kiwis having suffered a break-in at some time in their lives.

AA Insurance has paid out $60,000 on a burglary claim from hell.

High insurance excesses are poor value

One in three people have been burgled.

Is saving $1.50-$3 a week on house and contents premiums by opting for a higher excess worth the risk?

'Young and Nestless' no longer

Getting together with other savers may benefit people who want to buy, Young and Nestless says.

New online community of savers hopes to be a "buyers club" for would-be homeowners.

'Armed maniac' facing bankruptcy

John Grant Fagan leaving the Palmerston North District Court in 2013 when he was charged with fraud.

He attempted multimillion-dollar fraud, ran away from prison while outside the wire, and is now facing bankruptcy.

Downside of separate bank accounts

A man is not a financial plan. But neither is paupering yourself in service to the family while your partner goes out ...

Sometimes, drawing a line between personal finances can be detrimental to relationships.

Forbes: Billions between Kiwis

PayPal co-founder and Facebook board member Peter Thiel delivers his speech on the U.S. presidential election at the ...

Controversial NZ citizen Peter Thiel is on the Forbes rich list, US$6.8b behind our richest, Graeme Hart.

Money goes mobile

Digital native Elizabeth Barry can't remember the last time she logged on for internet banking.

If cash is king, there's a revolution in the land.

No rate change expected

The Reserve Bank is expected to leave the OCR unchanged on Thursday.

Soft growth is likely to see the Reserve Bank leave interest rates on hold this week, and maybe for the year.

Credit scores for children

Money lessons for children

But don't worry, it's not because lenders are trying to find younger borrowers.

Full refund for $1400 key

Dave Doy is pleased he has been offered a full refund by Honda NZ for his $1400 spare key.

Geraldine retiree Dave Doy has been offered a full refund for a $1400 key he purchased for his Honda Fit.

Rob Stock: Spend less than you earn

Confront the deep-seated reasons for spending too much.

OPINION: I was asked at a barbecue for my best tip for how to get ahead with money.

Spend less than you earn

Wealth accumulation for the humble salary slave is a steady process.

OPINION: I was asked at a barbecue for my best tip for how to get ahead with money.

One in 5 lie about salaries

Most people, if asked how much they earn, will not say, and most of the rest will lie to you about it.

The rest won't even talk about them. And we also buy things we later regret.

Nigel Latta: Solve the savings riddle video

Helen and Ben Woodward, the spender and the saver.

OPINION: I was lucky. I was part of that generation who had tail winds their whole life.

Instant fines for shoplifters

Retail crime is costing households $660 in higher prices each year, Retail NZ claims.

Retailers are sick of shoplifters, who cost them an estimated $1.2 billion a year which is then passed on to shoppers.

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