Alice Peacock

Auckland

Digital Production Journalist at The Telegraph

Journalist at Freelance

Business journalist at @NewsroomNZ

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Articles

‘We’re not talking small numbers’: Why online shoppers ditch their cart at the till

2 weeks ago | newsroom.co.nz | Alice Peacock

In the midst of a sustained cost-of-living crisis, indecisive customers or ‘ghost shoppers’ abandoning their carts at the till have become a “consistent challenge” for online stores to solve.
Double cab ute tax break stopped in its tracks

3 weeks ago | newsroom.co.nz | Alice Peacock

Change is ahead for the way tax is paid by businesses on employees’ perks, with the work-related vehicle exemption an anticipated casualty of the reforms. An impending reform of fringe benefit tax was confirmed in an Inland Revenue news release explaining taxation measures announced in the Budget. It comes after Inland Revenue launched public consultation on proposals to simplify the fringe benefit tax rules, on April 1. Already have an account?
SolarZero customers trapped with high fees: ‘Everyone wants out’

3 weeks ago | newsroom.co.nz | Alice Peacock

Customers of collapsed solar power company SolarZero say everyone is looking for a way out as they grapple with the high cost of buying their way out of contracts, a lack of the savings they were promised on their power bills, and the disconnection of a free customer service line. The country’s largest solar power supplier, which was bought from its Kiwi founders by the US investment fund BlackRock in 2022, announced in November last year it was being put into liquidation.
Labour MP’s bill addresses 'scam'-like foreign transfer fees

1 month ago | newsroom.co.nz | Alice Peacock

The Labour Party MP behind a member's bill seeking to improve transparency around international money transfer fees says the elderly and those regularly transferring cash to family abroad are disproportionately impacted by high costs.
Forbes star listing for Kiwi whose games have hit 10 billion plays

1 month ago | newsroom.co.nz | Alice Peacock

A fortnight after Nelson-based game designer Janzen Masden’s name appeared on one of the latest Forbes 30 under 30 lists, he’s riding a high. He’s “stoked” about the Forbes name check and his company Splitting Point is celebrating its latest game Grow a Garden becoming the biggest hit on its host site, online gaming platform Roblox. Grow a Garden’s concept is about as simple as it sounds: users buy seeds from a shop, plant them, wait for them to grow and collect the profits.
Farmers’ M. bovis compensation claims could cost MPI up to $125m

1 month ago | newsroom.co.nz | Alice Peacock

The potential cost to government of compensation to farmers hit by an outbreak of the cattle disease Mycoplasma bovis has been laid out in Thursday’s Economic and Fiscal Update. The highly infectious disease, which can cause serious health conditions in cows including mastitis, pneumonia and arthritis, was first detected in New Zealand in July 2017.
Providers say KiwiSaver ‘switcheroo’ will hit low-income workers and women hardest

1 month ago | newsroom.co.nz | Alice Peacock

KiwiSaver providers say slashing the government contribution and increasing mandatory employee contributions will disproportionately impact low-income workers and women. Big changes are on the way for the scheme, with Finance Minister Nicola Willis unveiling changes in her Budget 2025 on Thursday that aim to make it “more fiscally sustainable”. Default employer and employee contribution rates will rise to 3.5 percent from April 2026 before increasing to 4 percent from April 2028.
Unemployment in NZ will be worst in Asia-Pacific - IMF

1 month ago | newsroom.co.nz | Alice Peacock

The International Monetary Fund is projecting unemployment in New Zealand will surpass pandemic peaks to reach 5.3 percent in 2025, and will remain at that level until 2027. The latest World Economic Outlook published by the fund includes a range of global growth forecasts calculated near the start of April, following the initial fallout from US President Donald Trump’s tariffs.
Z Energy looks to ‘top up’ the supermarket conversation

1 month ago | newsroom.co.nz | Alice Peacock

At Z Energy’s service station in Karaka tinned tuna and crackers are selling well, as are a range of ready-to-eat meals. Eggs – a new addition to the store – are sticking around on the shelves, as is tinned fruit salad. The station’s operator Wayne Kennerley suspects the latter is not selling as well because it doesn’t have a pull tab like the spaghetti, and needs a can opener. “Suddenly it means that it’s actually not that convenient.
Kiwis opt for larger, lab-grown engagement rings as diamond prices sink

1 month ago | newsroom.co.nz | Alice Peacock

New Zealanders are increasingly picking out two, three or even five-carat diamond rings to pop the question with, as the growth in popularity and supply of lab-grown gems makes bigger jewels accessible at lower prices. The trend comes alongside a decline in the price of both mined and lab-grown diamonds, as a boom in supply of the latter, fewer weddings and a cost-of-living crisis has resulted in surplus stock and lower demand. Already have an account?