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Under pressure: 70% of Kiwis worried about money

More than two-thirds of households are suffering from financial stress amid job insecurity, increasing debts, high inflation and interest rates.

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Speech at Financial Services Council Outlook 2024

LiveNews Provides news reports of information as it happens in real time of politics, business, the economy and also reports on global issues and events from a New Zealand viewpoint.

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Navigating The Financial Maze: Gen Z Faces Unique Money Challenges

Consumers around the world are grappling with rising costs as the inflation rate hit 8.8% last year. While the central banks' fight against inflation has reaped tangible results, with the International Monetary Fund forecasting inflation to come down to 6.6% in fiscal 2023, the cost-of-living crisis has disproportionately affected the younger generation, particularly Gen Z (people born after 1996). "What we've found in this latest research is that financial issues are hitting some groups of us h

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