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Kiwibank attacks bonus rates in New Zealand savings
Westpac

Kiwibank attacks bonus rates in New Zealand savings

Households could be losing hundreds of millions in interest as bonus savings rates vanish when monthly conditions are missed.

By Sofiah Nichole Salivio • 4 min read • This month

Stories from Other Regions

Inflation stories

UK SMEs leave cash in current accounts, survey finds
Fintech

UK SMEs leave cash in current accounts, survey finds

Many firms are foregoing interest and leaving surplus funds idle, as 64% of UK SMEs keep some or all cash reserves in current accounts.

By Karen Joy Bacudo • 4 min read • Last week
British shoppers plan to spend more on Father's Day
eCommerce

British shoppers plan to spend more on Father's Day

Household budgets are still tight, but buyers expect Father's Day presents to cost nearly GBP £15 more than Mother's Day gifts this year.

By Karen Joy Bacudo • 3 min read • Last week
Relay secures USD $50 million to fuel small business growth
Fintech

Relay secures USD $50 million to fuel small business growth

The funding will help Relay expand among US small firms as it passes USD $1.3 billion in managed deposits and 150,000 customers.

By Karen Joy Bacudo • 3 min read • Last week
Australia's big banks boost provisions as profits grow
PwC

Australia's big banks boost provisions as profits grow

Rising margins pressure and a Middle East supply shock are testing lenders, even as provisions and capital buffers are lifted.

By Karen Joy Bacudo • 4 min read • Last week
Australia's late business payments hit six-year high
Manufacturing

Australia's late business payments hit six-year high

Cash-flow strain is deepening as overdue invoices and tax debts rise, with smaller firms hardest hit by higher rates and costs.

By Karen Joy Bacudo • 6 min read • Last week
Workplace financial benefits boost retention, survey finds
Human Capital Management

Workplace financial benefits boost retention, survey finds

Financial stress is now hitting productivity and loyalty, with 91% of workers saying tailored benefits could sway them to change jobs.

By Karen Joy Bacudo • 4 min read • Last week
UK shoppers step in as retail crime rises in stores
Customer Experience

UK shoppers step in as retail crime rises in stores

Retailers face mounting costs and pressure as more than half of UK shoppers say they have seen crime or abuse rise in stores.

By Joseph Gabriel Lagonsin • 4 min read • Last week
Australian SMEs absorb rising fuel costs, MYOB says
Data Analytics

Australian SMEs absorb rising fuel costs, MYOB says

Fuel now tops cost pressures for Australian SMEs, but most are still swallowing the rise rather than passing it on to customers.

By Karen Joy Bacudo • 4 min read • Last week
Young Canadians drive faster cashback use on Chexy
Fintech

Young Canadians drive faster cashback use on Chexy

Cashback spending on Chexy is rising fastest among Canadians under 40, highlighting a shift towards immediate rewards on bills, rent and taxes.

By Sofiah Nichole Salivio • 4 min read • This month
Canadian small businesses see wages rise as hiring slows
Small Business

Canadian small businesses see wages rise as hiring slows

Pay is rising faster than inflation for Canadian small firms, but weaker hiring points to a labour market split by sector and season.

By Sean Mitchell • 3 min read • This month
Retailers prioritise cost control over staff experience
Digital Transformation

Retailers prioritise cost control over staff experience

Higher labour costs are pushing retailers to cut hiring and raise prices as employee experience slips down the agenda, WorkJam says.

By Sean Mitchell • 4 min read • This month
Budget backs deep tech as CGT changes alarm investors
Robotics

Budget backs deep tech as CGT changes alarm investors

Innovation support may lift deep tech, but investors warn the Budget's CGT overhaul could curb startup risk-taking and talent hiring.

By Mark Tarre • 7 min read • This month
Budget wins praise but business warns of skills gaps
Digital Transformation

Budget wins praise but business warns of skills gaps

Business groups welcomed the Budget's productivity push, but warned small firms and agencies still lack the skills to deliver it.

By Sean Mitchell • 9 min read • This month
Creating a more resilient, agile retail organisation
Digital Transformation

Creating a more resilient, agile retail organisation

Retailers are using category management to cut waste, avoid empty shelves and respond faster to cost-of-living pressures and supply shocks.

By Daniel Kohut • 7 min read • This month
Budget tax changes spare RBA inflation, says economist
Labour Party

Budget tax changes spare RBA inflation, says economist

Relief for the Reserve Bank comes as the federal budget avoids fresh cost-of-living handouts, while tightening tax breaks for higher earners.

By Sean Mitchell • 5 min read • This month
Australia business confidence stays weak as costs rise
Artificial Intelligence

Australia business confidence stays weak as costs rise

Rising fuel and energy bills are squeezing margins and leaving Australian firms facing weaker trading conditions ahead.

By Sean Mitchell • 4 min read • This month