Jemima Huston

New Zealand

Reporter at Radio New Zealand (RNZ)

Featured in: Favicon

rnz.co.nz

msn.com

stuff.co.nz Favicon

nzherald.co.nz Favicon

newshub.co.nz Favicon

1news.co.nz Favicon

odt.co.nz

newstalkzb.co.nz Favicon

fijitimes.com.fj Favicon

teaomaori.news + 2 more

Articles

Wedding industry hit hard as couples cut back on costs

Dec 8, 2024 | nzherald.co.nz | Jemima Huston

Weddings are incredibly special, but they are also getting increasingly expensive. Photo / 123rfThe economic downturn has reduced wedding bookings, guest lists and spending on luxuries. Wedding professionals report significant declines in business, with some like Greg Miller losing a whole year. Couples are opting for smaller, bespoke weddings and cheaper alternatives, influenced by the high cost of living.
Contact, Nova challenged over GST exclusive prices

Dec 2, 2024 | rnz.co.nz | Jemima Huston

The Commerce Commission is challenging Contact and Nova to stop using GST exclusive prices for energy alongside GST inclusive prices for broadband. Last year, the Commission introduced guidelines around the marketing of energy and broadband bundles to reduce consumer confusion. Retail service quality manager Andrew Young said most bundle providers have improved and are helping people make informed purchases.
Open banking services must migrate customers to regulated government system

Dec 1, 2024 | rnz.co.nz | Jemima Huston

Open banking service providers will need to migrate more than one million users to the safer, government regulated system. Last week, the four largest banks met the deadline to allow for customers to securely share banking information with financial services. It was the second major milestone for regulated open banking after banks began supporting payments via digital connections - called APIs - with third parties in May. Explainer: Open banking is coming, so how does it work? Do we still need cash?
Business confidence looking up' despite dip in one area - ANZ

Nov 27, 2024 | rnz.co.nz | Jemima Huston

Business confidence has fallen slightly but improving activity shows things are looking brighter. ANZ's survey for November showed general sentiment down 1 point to net 65 percent optimism, off the back of a ten year high the month before. But the more closely followed "own activity" measure was up 2 points to 48 percent optimism. ANZ chief economist Sharon Zollner said it was positive news.
Foodstuffs to keep fighting to merge North and South Island cooperatives

Nov 19, 2024 | odt.co.nz | Jemima Huston

You are not permitted to download, save or email this image. Visit image gallery to purchase the image. CanterburyBusinessBy Jemima HustonFoodstuffs will continue fighting to merge its North and South Island cooperatives beyond the outcome of its appeal against the decision to block the plan. The supermarket operator has confirmed it will appeal the Commerce Commission's move to block the merger, saying it was the wrong decision.
Foodstuffs to fight for merger, no matter how appeal turns out

Nov 19, 2024 | rnz.co.nz | Jemima Huston

Foodstuffs will continue fighting to merge its North and South Island cooperatives beyond the outcome of its appeal against the decision to block the plan. The supermarket operator has confirmed it will appeal the Commerce Commission's move to block the merger, saying it was the wrong decision. The regulator declined the merger in October, because it believed it would harm competition in the grocery sector.
Revealed: How much money Kiwis have lost to scams this year

Nov 18, 2024 | rnz.co.nz | Jemima Huston

An online safety organisation says the amount of money New Zealanders have lost to scams has surpassed $2.3 billion this year. A survey of more than 1000 people by Netsafe and the Global Antiscam Alliance found around a third were scammed and an average of $3100 was lost per victim. Netsafe chief executive Brent Carey said that data has been used to estimate a $2 billion loss for the whole population.
Weak results expected in company earnings reports

Nov 10, 2024 | rnz.co.nz | Jemima Huston

A mini company-earnings season is due to start soon - with big names reporting, including Fisher and Paykel Healthcare, Mainfreight, and Infratil. Property and retirement village operators will also feature, with results expected to be weak, given that the housing market is struggling to build traction. Senior analyst at investment firm Forsyth Barr, Aaron Ibbotson, said it was the seventh season in a row his firm had expected earnings to fall on an annual basis.
Pay later alcohol sales spark concerns

Oct 30, 2024 | rnz.co.nz | Jemima Huston

The poor state of the economy has Buy Now Pay Later providers targeting alcohol merchants and products, according to a credit risk adviser. In September the government introduced regulation for Buy Now Pay Later (BNPL) businesses for the first time under the Credit Contracts and Consumer Finance Act (CCCFA). It means BNPL providers must comply with responsible lending rules, conduct credit checks, disclose fees and offer dispute resolution.
Credit advisor warns Buy Now, Pay Later alcohol sales need more protection

Oct 29, 2024 | nzherald.co.nz | Jemima Huston

By Jemima Huston of RNZBuy Now, Pay Later providers are targeting alcohol merchants due to sector deregulation and the weak economy. Meurig Chapman from Happy Prime warns that lack of regulation increases harm for users. Chapman is calling for Buy Now, Pay Later to be regulated like other credit forms to protect consumers. Buy Now, Pay Later providers are targeting alcohol merchants and products because of sector deregulation and the weak economy, a credit risk adviser says.