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Bigger surplus than expected
Bill English announced a bigger surplus than expected as a growing economy underpinned by population delivered a bigger tax take than anticipated.
Bill English announced a bigger surplus than expected as a growing economy underpinned by population delivered a bigger tax take than anticipated.
The cost of superannuation would rise from 5 per cent of GDP to 7 per cent of GDP by 2045, Commerce Minister Paul Goldsmith said.
The study found New Zealanders underestimate their ability and know more about financial matters than they realise.
Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.
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COMMENT: When Robyn Pearce's teenage grandson moved in two years ago, he got the financial shock of his life.
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The IMF has released its latest outlook for the global economy. Here are eight charts that show the challenges the world faces in the coming years.
The Commerce Minister's comments come after analysis of the eight largest KiwiSaver schemes showed just three revealed the full fee cost.
In just five years, more than 150 branches of NZ's major banks have disappeared, and more are earmarked to go the same way.
Could that Instagram image of you bungy jumping in your 20s result in having to pay higher insurance costs in the future? One insurance expert thinks so.
COMMENT: Nearly 11,000 people successfully applied to withdraw money from their KiwiSaver in the year to June.
COMMENT: Look before you leap into 'upgrades' that may aid adviser.
As more people do online transactions, small towns must adapt to closures.
Join Tristram Clayton as he talks with Business Reporter Christopher Adams about a potential financial crash for New Zealand.
Former Wall Street Journal journalist Morgan Housel recently wrote an uplifting blog entitled "What a Time to Be Alive". His list of reasons ran over seven pages.
Barbara Chapman didn't get the job as chief executive of the ASB the first time she applied and she nearly didn't apply the second
COMMENT: Jumps in life expectancy make planning for our futures a moveable feast.
COMMENT: KiwiSaver fund riskier than term deposit but there are pluses.
COMMENT: The KiwiSaver water is ready and waiting. It's up to members to come and lap it up.
COMMENT: The Bank of Japan would have been better off sticking to something closer to its traditional caution.
Seeing fees put into a dollar figure is the second biggest priority for savers behind returns, research shows.
Reserve Bank Governor Graeme Wheeler says more easing is needed to get inflation back within the target band.
Baby boomers could take a cue from millennials, who are more likely to talk about money in their relationships.
Westpac staff at 19 branches around the country are expected to be told late today whether their branch will close.
A new online service is promising to provide Kiwis with a quick and free way to find out their credit score.
Investors deserve transparency. We need to know where our money is invested and exactly how much it's costing us.
More women are working at ages when their mothers and grandmothers were long retired.
Use our calculator to see the real amount of money you're paying out in KiwiSaver fees
Well-known financial adviser Martin Hawes is backing Forsyth Barr's re-branded KiwiSaver scheme.