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Personal Finance

A gamer makes an in-game purchase (file image).

Warning issued after 6yo spends $800 on in-game purchases

A father was left unable to pay for groceries after he saved his credit card details on his computer for in-game purchases - which was then used by his six-year-old son.

New Zealand

8:51am

A piggybank (file image).

How long do KiwiSaver members have to wait for withdrawals?

Withdrawals from the scheme for financial hardship reasons have increased significantly in recent years.

Business

Mon, Mar 30

Composite image by Vania Chandrawidjaja (iStock/1News)

KiwiSaver, fuel relief, minimum wage: April changes affecting your wallet

1News breaks down the changes likely to boost or dent your wallet in the coming month.

Politics

Mon, Mar 30

Lotto (illustration).

Two Auckland players share $25.5m Lotto Powerball jackpot

The winning tickets were sold on MyLotto, with two other players taking $250,000 each in Lotto First Division and Strike Four also delivering six‑figure prizes.

New Zealand

Sun, Mar 29

Composite image: Vania Chandrawidjaja

How much does a Southland couple with a 12-year-old spend at the supermarket?

This plant nursery worker and welder find food prices are much higher in their small town than in cities.

Life

Sat, Mar 28

A gamer makes an in-game purchase (file image).

Warning issued after 6yo spends $800 on in-game purchases

A father was left unable to pay for groceries after he saved his credit card details on his computer for in-game purchases - which was then used by his six-year-old son.

New Zealand

8:51am

A piggybank (file image).

How long do KiwiSaver members have to wait for withdrawals?

Withdrawals from the scheme for financial hardship reasons have increased significantly in recent years.

Business

Mon, Mar 30

Composite image by Vania Chandrawidjaja (iStock/1News)

KiwiSaver, fuel relief, minimum wage: April changes affecting your wallet

1News breaks down the changes likely to boost or dent your wallet in the coming month.

Politics

Mon, Mar 30

Lotto (illustration).

Two Auckland players share $25.5m Lotto Powerball jackpot

The winning tickets were sold on MyLotto, with two other players taking $250,000 each in Lotto First Division and Strike Four also delivering six‑figure prizes.

New Zealand

Sun, Mar 29

Composite image: Vania Chandrawidjaja

How much does a Southland couple with a 12-year-old spend at the supermarket?

This plant nursery worker and welder find food prices are much higher in their small town than in cities.

Life

Sat, Mar 28

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Consumer advocates say elderly people can retire with less money than they think

Turns out, you probably need a lot less than $1 million to retire

Consumer advocates say the much mentioned $1 million figure may be over the top.

Life

Sat, Mar 28

Lotto (illustration).

Three Lotto players share $1m prize as Powerball jumps to $25m

The winning tickets in last night's draw were sold at Willowbank Superette in Auckland and to MyLotto players from Whangārei and Waikato.

New Zealand

Thu, Mar 26

Major bank increases some home loan rates for second time in a week

Major bank increases some home loan rates for second time in a week

The increases come as most major banks raise their rates, with wholesale interest rates trending higher, driving up what it costs them to borrow the money they lend.

Business

Wed, Mar 25

New Zealand money illustration.

Fuel relief package: Who is eligible and how does it work?

The Government has announced a support package to ease the impact of increasing fuel prices - but how does it work and who is eligible?

Business

Tue, Mar 24

More major banks announce changes to mortgage rates

More major banks announce changes to mortgage rates

ASB has raised and lowered some of its home loan rates, citing "volatile" wholesale interest rates that continued to trend higher.

Business

Tue, Mar 24

In an update at 1pm on Monday, the Ministry of Business, Innovation and Employment said the country had 49.9 days' stocks of petrol, 45.5 of diesel and 44.7 of jet fuel, as of late on March 18. Combined stock is 46.9 days.

Luxon signals decision on relief soon, latest fuel figures out

Prime Minister Christopher Luxon acknowledged the impact of diesel's role in the economy is key.

Business

Mon, Mar 23

Composite image: Vinay Ranchhod

How much do two small-town empty nesters spend at the supermarket?

In the latest in our new series, a 55-year-old small business owner shares the details of her weekly shop now that the kids have left home and the focus is keto.

Life

Sat, Mar 21

Petrol costs, KiwiSaver – in an uncertain world, focus on what you can control

Petrol costs, KiwiSaver – in an uncertain world, focus on what you can control

In times like these, finding a few areas where you can exercise some control will help both your bank balance and your mental wellbeing.

Life

Sat, Mar 21

Inland Revenue (IRD) signage.

Man sentenced over Covid-19 linked tax and relief offending

Vincent Reynolds used or attempted to use false GST and income tax returns, made false Covid-19 relief claims and provided altered bank statements in his attempts.

Crime and Justice

Thu, Mar 19

Couple looking at bills.

Out of work: When 'your partner is your welfare system'

New Zealanders who say they have worked hard and paid taxes all their life are forced to rely on their partners as their welfare system.

New Zealand

Wed, Mar 18

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NZ's biggest bank raises most mortgage rates

NZ's biggest bank raises most mortgage rates

Wholesale interest rates have risen in recent weeks amid global uncertainty linked to the conflict in the Middle East.

Business

Wed, Mar 18

Second bank this week hikes mortgage rates

Second bank this week hikes mortgage rates

The changes followed a "significant" jump in wholesale rates amid global uncertainty.

Business

Wed, Mar 18

Big bank hikes multiple home loan rates, citing increased costs

Big bank hikes multiple home loan rates, citing increased costs

There was relief for savers, however, as Westpac boasted its one-year term deposit rate was now the best among the five biggest banks.

Business

Tue, Mar 17

Broken piggy bank (file image).

KiwiSaver hit by Iran crisis - but the volatility could boost balances

KiwiSaver funds have previously bounced back from the global financial crisis, Covid, trade wars and inflation.

New Zealand

Tue, Mar 17

The winning Lotto numbers were 4, 9, 10, 12, 15 and 21, with a bonus ball of 38.

Five Lotto players split $1m as Powerball rolls over to $17m

The players from Auckland, Eltham, Hawke's Bay and Manawatū-Whanganui each won $200,000 with Lotto First Division.

New Zealand

Sun, Mar 15

Escalating conflict in Iran has influenced petrol prices globally.

Petrol costs bite for travelling care workers

A home support worker in Nelson, says it's getting increasingly difficult to do her job.

Business

Sun, Mar 15

Alix Mahy (Composite image: Vinay Ranchhod)

Parenting and feeling the pinch? Eight budget tips from a thrifty mum of three

Invaluable advice to help you ensure your kids get everything they need (and even some of the things they just want).

Life

Sun, Mar 15

A piggybank (file image).

KiwiSaver balances wobble: Is this time different?

Markets have been volatile this week as they digest the impact of the war in the Middle East.

Business

Wed, Mar 11

A generic image of the NZX (file photo).

New Zealand and Asian share markets tumble as 'reality' sinks in

The benchmark NZX 50 fell 3% in mid-Monday afternoon trading, while across the Tasman, the ASX 200 fell 4%.

Business

Mon, Mar 9

How to manage your KiwiSaver in times of global conflict, market volatility

How to manage your KiwiSaver in times of global conflict, market volatility

OPINION: It's tempting in times like these to panic and withdraw KiwiSaver and other investments, but Frances Cook believes it's best to sit tight and wait for the 'anxiety premium'.

Life

Mon, Mar 9

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