400,000 people behind on credit payments | Te Ao Māori News

More than 400,000 New Zealanders are behind on credit repayments as households struggle to deal with the tough economic climate.
Collected from New Zealand and elsewhere
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More than 400,000 New Zealanders are behind on credit repayments as households struggle to deal with the tough economic climate. Keep Reading
Wayne Brown’s draft Auckland budget 2023 proposes stopping or reducing funding to the city’s 32 CAB offices. Nearly 1000 volunteers are preparing for a fight. Keep Reading
Data shows vehicle arrears at 5.3 percent as households struggle to deal with the tough economic climate and monetary policy. Keep Reading
It's the biggest 12-month decline in prices since the year to May 2009. Keep Reading
Record-breaking floods in Auckland could see insurance costs in parts of the city rise significantly – some areas may even become uninsurable. Keep Reading
OPINION: Raising a child starts at $9100 a year, which can be a huge financial commitment. Some are going without necessities to ensure they have enough money for food. Keep Reading
Business confidence is on the rise despite ongoing concern over inflation pressures. Keep Reading
An independent group will look at how New Zealand can best punish human rights violators overseas, as the "complexities" of the Russia sanctions regime are outlined. Keep Reading
Two-thirds of property investors are opting to take the short-term pain of fixing their mortgage rates for a year in anticipation of interest rates easing, a survey has found. Keep Reading
A leading economist says New Zealand has never had a "proper conversation" about what immigration is for, which is creating uncertainty for both immigrants and businesses in the country. Keep Reading
"People are keen to have more land, more space and fewer people, which is something the South Island offers in spade." Keep Reading
The Reserve Bank is tight-lipped about how much of an increase is required but said it was necessary for financial stability and monetary policy reasons. Keep Reading
OPINION: It's time for National to put down the culture war drum and campaign on tangible solutions for our communities. Keep Reading
OPINION: With National and ACT making it clear that FPAs will be gone by lunchtime, there is a lot to be done in what could be a short space of time. Keep Reading
It comes after the incoming Prime Minister hinted at tax changes. Keep Reading
It comes after two young men from India drowned at Piha beach on Saturday. Keep Reading
Inflation may have peaked, but hefty rate rises and economic recession still loom large on the horizon. Keep Reading
ANALYSIS: It will be a case of "heads, what we said was right" or "tails, what we said worked" for the central bank on Wednesday. Keep Reading
Misogynistic abuse is at the heart of our post-truth world, one that is opposed to facts, evidence, and reality, and is fuelled by a sense of victimhood. Will we do something about it? asks Neal Curtis. Keep Reading
While Jacinda Ardern’s resignation is not likely to cause economic instability, new Prime Minister Chris Hipkins will have to contend with significant existing problems such as the cost of living crisis and declining business confidence, argues Dr Murat Ungor. Keep Reading
Five years ago Housing Minister Megan Woods rejected a Rotorua proposal over flood fears. A housing crisis later, the site will host 350 homes. Keep Reading
Sales plummeted year-on-year, but at least the pace may have slowed. Keep Reading
Demand appears to be easing back to pre-Covid-19 levels but one industry leader says the sector's historical 'boom or bust' model is a sign reforms are needed. Keep Reading
An economist doesn't think there will be any cost of living respite for New Zealanders this year. Keep Reading
Opinion - 'The sooner you die the better!' is just one of the many vile messages that's landed in journalist Paula Penfold's inbox over the last 12 months. Keep Reading
If you're experiencing financial challenges, or think you might in the future, it’s important to reach out to your bank early. Keep Reading
Budgeting to build a survival fund, and a potential mortgage restructure are amongst the hacks recommended by one financial expert. Keep Reading
“Who can’t read the obvious lessons of the flooding of the last week? Existing water infrastructure is not fit for purpose. And there is no chance in this world that councils on their own will be able to fix it.” — Simon Wilson. Keep Reading
Rocketing interest rates have put huge pressure on people with mortgages. There are things borrowers can do to reduce their payments, but remember, with banks there’s no such thing as a free lunch Keep Reading
Collected stories and commentary, from New Zealand and elsewhere, on politics, economics and citizen voices. Keep Reading