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New Zealand homeowners are now more likely to sell at a loss than at any time since 2013, and if you’re in Auckland or Wellington, the odds are even higher.
But there is a silver lining: buyers are still in a strong position when it comes to negotiating prices.
So we’re curious…
How … View moreNew Zealand homeowners are now more likely to sell at a loss than at any time since 2013, and if you’re in Auckland or Wellington, the odds are even higher.
But there is a silver lining: buyers are still in a strong position when it comes to negotiating prices.
So we’re curious…
How are you feeling about the current property market?
If you’re keen to dive into the details, Deborah Morris breaks down all the latest insights.
Almost 7000 pensioners have been affected by another Inland Revenue error.
Last week, RNZ reported that 4500 people had overpaid tax after their imputation credits had been incorrectly recorded in their prep-populated tax returns.
Others got in touch and said they had also experienced a problem, … View moreAlmost 7000 pensioners have been affected by another Inland Revenue error.
Last week, RNZ reported that 4500 people had overpaid tax after their imputation credits had been incorrectly recorded in their prep-populated tax returns.
Others got in touch and said they had also experienced a problem, this time with the way that NZ Super was recorded for ACC purposes.
One man said he had been charged $301.68 in ACC earner levy for $18,854.98 of gross income from NZ Super that should not have attracted a levy at all.
He said he was not able to control this when he completed his return and did not realise the error until the process was complete.
He said he did not think a lot more about it but when he saw RNZ's reporting of the other error, he realised that there had been at least two this year.
"This really starts to suggest a deficiency in change control of IRD systems."
Another couple said they wanted assurance that Inland Revenue had taken steps to stop it happening again.
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Inland Revenue said 6778 people were affected.
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"There was an issue identified earlier this year where we were not populating the 'earnings not liable' figure correctly for some customers. We fixed those returns for the customers in July 2025."
Chartered Accountants Australia New Zealand tax leader John Cuthbertson said ACC was not paid on NZ Super because it was not liable income.
"However, if you're working and receiving NZ Super, your earnings from that work do attract levies."
"The advancements in digitalisation and MyIR have been quite incredible, except when it goes wrong like this. You shouldn't need a Chartered Accountant to check prepopulated forms, but the average person might not know that super income does not attract ACC levies. We used to say 'google it' but many taxpayers are now using AI to do a basic check of their tax returns, asking simple questions like 'Should I pay 'x' levy on 'y' income?"
Angus Ogilvie, managing director of Generate Accounting Group, said it was concerning that issues seemed to be leading to erroneous data being prepopulated into Inland Revenue's system.
"The new software employed was a very costly and complex project. However, taxpayers should expect that there is a high level of diligence applied to get their tax obligations right. Let's hope that the department is devoting urgent resource to correct these issues".
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Police are reminding people to keep their homes secure during the summer months.
Inspector Glenda Barnaby, Christchurch Area Prevention manager, says daytime burglaries are just as common as nightime burglaries.
“Burglaries can be committed at any time of the day, and coming into warmer … View morePolice are reminding people to keep their homes secure during the summer months.
Inspector Glenda Barnaby, Christchurch Area Prevention manager, says daytime burglaries are just as common as nightime burglaries.
“Burglaries can be committed at any time of the day, and coming into warmer months there is more opportunity for thieves."
"Although a majority of burglaries involve forced entry through windows and doors, we are starting to see more incidents at insecure premises. Police deal with cases where burglaries are committed in broad daylight, sometimes even while the victim is at home. Good weather means open doors and windows, which makes homes more vulnerable to burglars.”
Inspector Barnaby says there’s a few things people can do to reduce their changes of a burglary being committed.
⚠️ If you’re going outside for gardening, relaxing in the sun, or working in the garage, take a moment to lock your doors and secure your windows first.
⚠️ Do the same at night when you go to bed - keep your doors and windows secure and close your curtains. Fitting window stays means you can get a breeze coming through, while keeping your windows secure.
⚠️ Get to know your neighbours - let them know if you’re going away and look out for one another.”
If you see any suspicious activity, people or vehicles in your neighbourhood, don't hesitate to contact Police.
If you witness or suspect any illegal activity, please call 111 if it is happening now, or make a report through 105 either online or over the phone, if it is after the fact.
While New Zealand might have about a dozen sectors paying at least a median $100,000 a year, there are almost as many paying barely more than the minimum wage.
Data compiled by Infometrics showed the median and mean salaries across industries throughout the country.
The data does not adjust for … View moreWhile New Zealand might have about a dozen sectors paying at least a median $100,000 a year, there are almost as many paying barely more than the minimum wage.
Data compiled by Infometrics showed the median and mean salaries across industries throughout the country.
The data does not adjust for hours worked, and some of the workers may not be working a 40-hour week.
But it shows that on an annual basis, many sectors were not delivering incomes that were equal to the minimum wage.
The minimum wage of $23.50 an hour works out to just under $49,000 a year for a full-time, 40-hour a week worker.
Fuel retailing was paying a median of almost exactly the same amount.
Food retailing was paying less, at $45,030. Accommodation was slightly more, at $49,240, and food and beverage services was significantly less at $40,170.
Also within $10,000 of minimum wage were "other store-based retailing" at $53,220, sport and recreation services at $53,350 and personal and other services at $54,170.
Ministry of Business, Innovation and Employment data last year showed that about 141,900 people would be directly affected by the minimum wage rising to $23.50, indicating they were at that point being paid less than that amount per hour.
Infometrics principal economist Nick Brunsdon said skills and experience explained a lot of the variation in incomes.
"Industries that need a more skilled workforce generally pay more - because they can get a lot of value out of their workers, and workers need a good incentive to gain those skills - for example, medicine. Industries that take in a lot of lower qualified staff, like hospitality, can get away with paying a lot less, and still get plenty of job applicants.
"There are other factors like desirability - some jobs might not have a high skill requirement but are somewhat undesirable - say underground coal mining - so higher pay is necessary to find workers."
CTU policy director and economist Craig Enney said "hours adequacy" was a big problem in many sectors.
"You've got someone who's working 20 hours a week or 25 hours, on $25 an hour, so you're earning $500 a week. Is that enough? No.
"The challenge is often about the structure of employment in some of those sectors…In hospo, in retail, in catering, in a range of other sort of service-based industries, it's wanting more hours and not getting it."
The latest labour market statistics showed the the number of underutilised people in the country had risen to 403,000.
"These are people who want more hours, want more work and can't get it. And that may be a key reason why, you know, total incomes are so inadequate for some people. And that's also partially helping to explain why the headline unemployment rate is not rising as quickly as some people had predicted."
Jake Lilley, a spokesperson for financial mentor network Fincap, said it was something mentors dealt with.
"They also help people work out what is realistic in terms of taking on hours while balancing additional childcare costs. Our latest Voices reporting recorded 31 percent of those supported by a financial mentor as having a mix of income from salary or wages as well as income support.
"It is a real juggle to navigate finances when unpredictable sporadic hours of work need reporting to Work and Income in what can be impractical timeframes. An example might be someone being asked to stay on for a longer shift by their manager and being unable to contact Work and Income when that day is the deadline to report other income.
"Someone might also not know exactly what their pay will be until a payslip is provided after the reporting date. Such situations can often result in overpayment debts from Work and Income compounding the difficulty of administering already tight finances."
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When
Friday 12 December 2025
Saturday 13 December 2025
Sunday 14 December 2025
Monday 15 December 2025
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8pm-11pm
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… View moreWhen
Friday 12 December 2025
Saturday 13 December 2025
Sunday 14 December 2025
Monday 15 December 2025
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8pm-11pm
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Cost----Paid
Adults: $10.
Children (5 - 15 years): $5.
Under 5s are free to enter but must have ticket (available free of charge on booking).
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*Always type the website address directly into your browser rather than following links from ads or emails.
*Don’t click on links in promotional emails or texts you weren’t expecting.
*Credit cards and PayPal offer better consumer protection than direct transfers or gift cards.
*Ensure … View more*Always type the website address directly into your browser rather than following links from ads or emails.
*Don’t click on links in promotional emails or texts you weren’t expecting.
*Credit cards and PayPal offer better consumer protection than direct transfers or gift cards.
*Ensure your security software is up to date to block malicious links, fake websites, and phishing attempts in real time.
*Be cautious of texts or emails claiming a missed delivery or asking for small “redelivery” fees. These often lead to fake sites designed to steal your payment details or install malware.
*Use anti-scam software to get complete protection against scams and spam.
What to Do If You Think You’ve Been Scammed
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If you suspect you’ve been caught in a scam, acting quickly can reduce the damage and protect your information.
Stop all contact immediately. Don’t respond to follow-up messages or send additional payments.
Contact your bank or credit card provider. Report the transaction and ask if it can be reversed.
Change your passwords. Prioritise those linked to financial accounts and enable multi-factor authentication where possible.
Report the scam. Visit dia.govt.nz/Spam-Report-Spam to lodge a report and help authorities track emerging threats.
Monitor your accounts. Keep a close eye on bank statements and online profiles for any unusual activity.
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We’re gathering the community’s very best festive tips, to-dos, and treasured traditions all in one cheerful place!
🎄 Got a shortcut that saves your sanity?
🎄 A recipe that must make an appearance every year?
🎄 Or a clever idea that makes the holidays smoother, warmer, or a … View moreWe’re gathering the community’s very best festive tips, to-dos, and treasured traditions all in one cheerful place!
🎄 Got a shortcut that saves your sanity?
🎄 A recipe that must make an appearance every year?
🎄 Or a clever idea that makes the holidays smoother, warmer, or a whole lot more magical?
🎄 Got a time-saving holiday hack?
🎄 A tradition that fills your home with cheer?
🎄 Or a crafty idea that turns simple moments into magical memories?
Share your festive wisdom with your neighbours and help make this season brighter for everyone!
NZ Transport Agency Waka Kotahi is carrying out essential maintenance on the Auckland Harbour Bridge this December and January. The southbound clip-on lanes will be closed (24/7) from 26 December to 5 January for road resurfacing. Night-time lane restrictions will be in place throughout the summer… View moreNZ Transport Agency Waka Kotahi is carrying out essential maintenance on the Auckland Harbour Bridge this December and January. The southbound clip-on lanes will be closed (24/7) from 26 December to 5 January for road resurfacing. Night-time lane restrictions will be in place throughout the summer for recoating work on the bridge. Traffic will still be able to travel in both directions at all times.
Most Kiwis are counting down the days until their summer holiday - whether they're heading off camping, heading to the bach or just taking a few lazy days at the beach.
But has it always been this way?
Richard Wolfe is a cultural historian and the author of more than 40 books about Aotearoa.… View moreMost Kiwis are counting down the days until their summer holiday - whether they're heading off camping, heading to the bach or just taking a few lazy days at the beach.
But has it always been this way?
Richard Wolfe is a cultural historian and the author of more than 40 books about Aotearoa.
"Leaving town over Xmas and January has become a key part of the local cultural identity," Wolfe said.
The New Zealand History website, operated by the Ministry for Culture and Heritage, calls the summer lull an "end-of-year prize for being a New Zealander".
However, not everyone is 100 percent on board with our somewhat leisurely summer pause.
A post on LinkedIn by business adviser Toss Grumley went viral in the past week, as Grumley wrote that he was "baffled every year by New Zealand's intense Christmas shut down".
"In what world as an economy and country are we operating in an environment where no business discussion can happen for a period of ten weeks," he asked. His question sparked debates on news and social media sites.
On NewsTalk ZB on Monday, Prime Minister Christopher Luxon said he had spent much of his career working overseas where the long holiday break wasn't the same.
"In the US you maybe get two weeks' annual leave holiday and Christmas is a couple of days off and you're back at it again.
"I've always been used to going back to work on the 3rd or 4th of January," he said.
Auckland Business Chamber head Simon Bridges told Stuff : "There is a view that New Zealand just shuts down not just for Christmas and New Year, but in many cases, all the way through to March."
How did our long summer break become such a Kiwi institution, anyway?
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Wolfe said one of the big factors behind our long summer break is, well, the summer weather. Our Australian cousins benefit from that, too.
"I suggest that what's behind the 'summer break' is, fairly obviously, the local (antipodean) climate," he said.
Christmas in the Northern Hemisphere is in the middle of winter which isn't quite as conducive to long camping holidays and days at the beach.
And despite the image of an entire country putting on the brakes, not everyone in New Zealand actually takes off the entire summer until March.
"We want to shop, go to the movies or watch TV, and we expect everything to be available, so hospitals, power suppliers, the police and many other essential services still run 24/7," NZ History noted. "And if we live on a farm, then summer means more work, not holidays."
We also roll Christmas and New Year together with our "summer holiday," which places like America and Europe tend to do in August. There are also only a couple of public holidays between June and Christmas like Matariki and Labour Day.
One commenter wrote on Grumley's LinkedIn post that "people are exhausted by the end of the year" here in New Zealand, "so we shut down for a solid month".
Changing laws, changing transport
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Holidays as we think of them now are a fairly modern invention.
According to Te Ara the online encyclopedia of New Zealand, originally the two statutory holidays for Christmas and New Year's at the height of summer "provided a compelling reason" to take a break.
As far back as the 1860s even gold miners would take a break then, as Coromandel goldfields granted two weeks' special protections over claims.
The long holiday began to evolve over the 20th century thanks to tightening labour laws and the growth of wider travel with the introduction of the automobile and trains.
"Another important factor may have been the introduction of the Annual Holidays Act in 1944, making a two-week paid holiday a legal entitlement for full-time employers," Wolfe said.
Compared to some countries, Kiwis get a generous amount of paid leave time.
The latest version of the Holidays Act from 2003 entitles employees to at least four weeks of paid annual leave after 12 months of continuous work.
That's quite a contrast to, say, America, where there is no legally mandated paid holiday time.
New Zealand's geography and compact size meant the beach was the most likely place for labourers and their families to go.
"Because no part of the country is more than 120 km from the nearest coastline, the beach and associated baches became popular destinations," Wolfe said.
"I would suggest that the 'summer break' was established in the period of post-war prosperity in the 1950s, with the continuing growth in the number of privately owned cars, thereby increasing personal and family mobility."
But does a break really impact our economy?
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In his opinion piece, Grumley claimed the long holiday affects New Zealand's productivity.
Not everyone agrees.
"Work less, live more," one commenter wrote in response to his post.
Fleur Fitzsimons, national secretary of the union Public Service Association, said holidays are important to workers.
"New Zealand has a culture of long hours, workers need more holidays to recharge, reconnect with their families and get ready for the working year ahead."
The government has announced changes to the Holidays Act, which would see both annual and sick leave accumulate based on hours worked. Unions and opposition parties have said they fear that could trample workers' rights and entitlements.
Fitzsimons said the government has been taking rights away from workers by cancelling pay equity and introducing changes to the Employment Relations Act, calling it "out of touch" with the needs of working New Zealanders.
"If the government is serious about improving productivity, cutting holidays is the wrong approach.
"We have a mental health crisis in New Zealand - the last thing we should be doing is talking about fewer holidays."
Wolfe said that the current summer break may help workers recharge their energy for the year ahead.
"A shorter break might in fact have the opposite effect - creating disgruntlement among workers who feel they're being short-changed," Wolfe said.
"And as climate change kicks in and the world gets warmer, perhaps the summer break will become vital for maintaining the health and welfare of New Zealanders."
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Join us this Wednesday and explore our lifestyle, show homes and amenities.
More than just a place to live, Ryman villages are places where friendships grow, hobbies flourish and a genuine sense of community thrives.
The best way is to experience it for yourself. No appointment necessary!
Police are urgently appealing for sightings of Rowena, 39, reported missing from Christchurch.
She was reported missing to Police on 22 October 2025, and was last seen on 14 August 2025. Rowena hasn’t been in contact with her children and her family are worried for her safety.
Police … View morePolice are urgently appealing for sightings of Rowena, 39, reported missing from Christchurch.
She was reported missing to Police on 22 October 2025, and was last seen on 14 August 2025. Rowena hasn’t been in contact with her children and her family are worried for her safety.
Police investigating her disappearance have identified her as being in Auckland, Tauranga and Christchurch in the recent months prior to her missing person report being made.
If you have seen Rowena, or have any information regarding her whereabouts, please contact us immediately.
You can contact us via 105 either over the phone or online at 105.police.govt.nz, clicking “Update Report” and referencing file number 251022/9026.
Information can also be provided anonymously via Crime Stoppers on 0800 555 111.
Police enquiries underway after a person was located deceased following a house fire in New Lynn.
Emergency services were called to a house on Kohekohe Street in New Lynn at 1.23pm on 8 December.
Detective Senior Sergeant Megan Goldie, Waitematā CIB, says a scene guard was put in place at the … View morePolice enquiries underway after a person was located deceased following a house fire in New Lynn.
Emergency services were called to a house on Kohekohe Street in New Lynn at 1.23pm on 8 December.
Detective Senior Sergeant Megan Goldie, Waitematā CIB, says a scene guard was put in place at the property overnight.
“The cause of fire remains undetermined at this very early stage,” she says.
“A post-mortem examination is due to get underway this morning and results of this will need to be considered alongside our other enquiries underway.”
Police will be carrying out a scene examination at the house today, including working with fire investigators.
Anyone who might have information to assist enquiries can update Police online now or call 105 using the reference number 251208/6378.
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