Public Radio

Consumers complain of difficulty stopping recurring debit or credit card payments

business / By

Credit cards for payment. Photo: 123RF Consumers are complaining about the difficulty in canceling recurring debit or credit card payments. Banking Ombudsman Nicola Sladden said the scheme had received numerous complaints from customers frustrated with their bank’s inability to stop recurring payments, most commonly for streaming services, anti-virus programs and free or low-cost trials. Banks …

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Concern for households over ‘misplaced financial confidence’ – report

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Eighty-six percent of respondents are reasonably to extremely confident about their finances, a new study shows. Photo: 123RF Financial confidence has risen over the past two years, but it could be that households are fooling themselves about how well off they really are, according to a new study. The Financial Services Council’s (FSC) latest report …

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Huge Tongan volcano reveals special atmospheric wave

Science / By

Photo: AFP / NOAA A scientific silver lining has emerged from the eruption of the Hunga Tonga-Hunga Ha’apai volcano in January. A special atmospheric wave which has eluded detection for 85 years was triggered by the eruption. Researchers from the University of Hawaii at Mānoa, the Japan Agency for Marine-Earth Science and Technology, and Kyoto …

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Housing market slump turnaround unlikely before mid-2023

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The Real Estate Institute’s house price index shows sales activity has fallen 18.3 percent on a year ago. Photo: RNZ / Nate McKinnon A turnaround in the current housing market slump is unlikely until the middle of 2023, as ongoing inflation is expected to drive fixed mortgage interest rates higher. The Real Estate Institute’s (REINZ) …

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Family holiday ruined after Jetstar refuses to check in child’s wheelchair

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File photo. Photo: RNZ / Cole Eastham-Farrelly A family with four disabled children had their long-planned holiday ruined as they were turned away from their Jetstar flight after waiting in line to check in their daughter’s wheelchair. Casey Fredericks’ daughter suffers from functional neurological disorder, while one of her five children has autism and two …

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