|Chart: Half a million people spend a quarter or more of their income on housing|
Renters are more likely than home-owners to spend more than a quarter of their total income on housing, according to Statistics New Zealand.
© 2018 Stuff.co.nz 4:54pm IMF warns global recession 'may be closer than we think'
A global recession "may be closer than we think" and the biggest risk to the world economy is complacency, the International Monetary Fund has warned at Davos.Maurice Obstfeld, of the International Monetary Fund (IMF), said developed...
© 2018 NZ Herald 4:34pm Former trustee pleads guilty to fraud
A former trust asset manager and trustee has pleaded guilty to fraud in Auckland's High Court today over receiving secret payments in 2009 and 2012
© 2018 sharechat.co.nz 4:14pm Wgtn's Habitual Fix on Featherston liquidated for a second time
A second business operating Wellington's Habitual Fix on Featherston Street has been placed into liquidation in the space of a year, with the Beehive end of town still impacted by the November 2016 earthquakes
© 2018 sharechat.co.nz 4:14pm Former trustee pleads guilty to fraud
A former trust asset manager and trustee has pleaded guilty to fraud in Auckland's High Court today over receiving secret payments in 2009 and 2012.Saul Roberts was the asset manager for Te Roopu Taurima O Manukau Trust, a public...
© 2018 NZ Herald 3:54pm Aussie tourists boost accommodation industry
New Zealand guest nights rose 4.3 per cent in November from a year earlier as the number of international visitors, buoyed by more people from across the Tasman, helped lift the occupancy rate of the nation's accommodation.Total...
© 2018 NZ Herald 3:54pm Motorists to get compo for fuel that damaged cars
Motorists sold bad fuel that may have caused damage to their cars and made petrol gauges give false readings will be offered compensation.Z Energy, BP and Mobil are investigating after it was revealed high levels of sulphur were...
© 2018 NZ Herald 3:14pm