KiwiSaver investments have broken the $100 billion mark.

The Financial Markets Authority's report for the year to March 31st reveals funds reached $111.8 billion - jumping 19 percent from the previous year.

Member contributions have risen to $11.2 billion and returns are strong at $13.1 billion.

Financial Markets Authority director John Horner says this shows numbers are bouncing back following a previous downturn.

LISTEN ABOVE

KiwiSaver investments have broken the $100 billion mark.
The Financial Markets Authority's report for the year to March 31st reveals funds reached $111.8 billion - jumping 19 percent from the previous year.
Member contributions have risen to $11.2 billion and returns are strong at $13.1 billion.
Financial Markets Authority director John Horner says this shows numbers are bouncing back following a previous downturn.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6b8916b6-9b37-43c1-8507-b1f5007ca6ad/transcript

The Archbishop of Canterbury, Justin Welby, confirmed he was resigning following a damning report that concluded the Church of England covered up a serial abuse case.

Welby was facing growing pressure to quit after the independent probe found he 'could and should' have reported decades of abuse by a church-linked lawyer to authorities in 2013.

UK correspondent Gail Downey says several figures in the church had called for Welby's resignation.

LISTEN ABOVE

The Archbishop of Canterbury, Justin Welby, confirmed he was resigning following a damning report that concluded the Church of England covered up a serial abuse case.
Welby was facing growing pressure to quit after the independent probe found he 'could and should' have reported&nbsp;decades of abuse by a church-linked lawyer to authorities in 2013.
UK correspondent Gail Downey says several figures in the church had called for Welby's resignation.
LISTEN ABOVE

Gail Downey: UK correspondent on Justin Welby resigning as Archbishop of Canterbury

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3df27ea0-06a6-4161-9d99-b22700809463/transcript

It's been a week since Donald Trump won the US election - and the markets underwent a shift once the results became clear. 

Small to medium-sized businesses have picked up - and they're expecting to see a boost driven by proposed tax cuts and fewer regulations.

Milford Asset Management's Stephanie Batchelor unpacked the results further.

It's been a week since Donald Trump won the US election - and the markets underwent a shift once the results became clear.&nbsp;
Small to medium-sized businesses have picked up - and they're expecting to see a boost driven by proposed tax cuts and fewer regulations.
Milford Asset Management's Stephanie Batchelor unpacked the results further.

Stephanie Batchelor: Milford Asset Management analyst on Trump's impact on the markets one week on

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c901888e-1343-4845-9f41-b227007de00d/transcript

Insurance has been a hot topic of late, as premiums are continuing to shoot up while general inflation abates.

Findings of a Treasury survey show owners of apartments and other multi-unit buildings (MUB) are being hit extra hard.

NZ Herald Wellington business editor Jenee Tibshraeny revealed how much insurance premiums had gone up - and how that impacted owners.

LISTEN ABOVE

Insurance has been a hot topic of late, as premiums are continuing to shoot up while general inflation abates.
Findings of a Treasury survey show owners of apartments and other multi-unit buildings (MUB) are being hit extra hard.
NZ Herald Wellington business editor Jenee Tibshraeny revealed how much insurance premiums had gone up - and how that impacted owners.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on apartment owners bearing the brunt of increased insurance premiums

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0c3480a8-6f9a-47c7-9113-b227007b7268/transcript

John Horner: Financial Markets Authority director on KiwiSaver funds breaking $100 billion mark

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