Kiwis struggling to stay afloat have turned to credit cards to bridge the cap amid an ongoing cost-of-living crisis.

New credit card application enquiries have reached their highest level since 2021- and card arrears have jumped 4.4 percent in August.

Sorted Personal Finance Lead Tom Hartmann says living costs have increased and bills have piled up - and people feel the need to borrow their way through it.

"From power, from kids' sports fees - it could be many different situations. And this is just one way to get through it."

LISTEN ABOVE

Kiwis struggling to stay afloat have turned to credit cards to bridge the cap amid an ongoing cost-of-living crisis.
New credit card application enquiries have reached their highest level since 2021- and card arrears have jumped 4.4 percent in August.
Sorted Personal Finance Lead Tom Hartmann says living costs have increased and bills have piled up - and people feel the need to borrow their way through it.
"From power, from kids' sports fees - it could be many different situations. And this is just one way to get through it."
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

Tom Hartmann: Sorted Personal Finance Lead on the increase on Kiwis applying for credit cards

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/9bca0f1f-f472-4884-b85a-b1fc0042876c/transcript

Firefighters from the New York City Fire Department flew out to New Zealand to do the Sky Tower walk today to commemorate the 343 firefighters who were killed 25 years ago on September 11th, 2001.

New York firefighter Dave Morkal was on ground zero that day, and he joined Andrew Dickens to discuss. 

"As soon as we got there it was work is on. This is what we have to do. We have to save as many people as we can."

LISTEN ABOVE 

Firefighters from the New York City Fire Department&nbsp;flew out to New Zealand to do the Sky Tower walk today to commemorate the 343 firefighters who were killed 25 years ago on September 11th, 2001.
New York firefighter Dave Morkal was on ground zero that day, and he joined Andrew Dickens to discuss.&nbsp;
"As soon as we got there it was work is on.&nbsp;This is what we have to do.&nbsp;We have to save as many people as we can."
LISTEN ABOVE&nbsp;

Dave Morkal: New York firefighter chats 25 years after he was at ground zero on 9/11

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/28806674-d8fb-462a-8af2-b4c200608855/transcript

Beloved museums and zoos in New Zealand, like Wellington Zoo, Orana Wildlife Park, and MOTAT, are struggling to keep the lights on.

Orana Wildlife Trust Board co-chair Dr Ken Hughey joined Andrew Dickens to discuss the financial difficulties facing them and other similar attractions. 

The financial struggles are not contributed to visitor numbers, which Hughey says are increasing, but instead the operating costs.

"The difficulty with the model that pretty much all of the large zoos, and there are other entities like that as well... is that they're becoming more and more expensive to run."

LISTEN ABOVE

Beloved museums and zoos in New Zealand, like Wellington Zoo, Orana Wildlife Park, and MOTAT, are struggling to keep the lights on.
Orana Wildlife Trust Board co-chair Dr Ken Hughey joined Andrew Dickens to discuss the financial difficulties facing them and other similar attractions.&nbsp;
The financial struggles are not contributed to visitor numbers, which Hughey says are increasing, but instead the operating costs.
"The difficulty with the model that pretty much all of the large zoos, and there are other entities like that as well... is that they're becoming more and more expensive to run."
LISTEN ABOVE

Dr Ken Hughey: Orana Wildlife Trust Board co-chair on financial woes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/0f08f3fa-f6e8-4d00-9843-b4c2005ebef7/transcript

The Association of Migration and Investment Conference is going on right now prompting significant political debate about immigration policy ahead of the election. 

NZ First wants to restrict birthright citizenship and prevent asylum seekers from accessing work, while Labour wants to introduce a citizenship pathway for children born to undocumented parents and a longer permanent residency process.

ACT would change New Zealand's residence system by removing the existing Permanent Resident Visa category, whereas the Greens want to end 12-month stand-down periods requiring workers to leave the country between visas, and allow migrant workers to change jobs.

Current Immigration Minister Erica Stanford told Andrew Dickens that National's policy will be revealed soon, and it will be 'more of the same that you've seen in the last 3 years.'

LISTEN ABOVE 

The Association of Migration and Investment Conference is going on right now prompting significant political debate about immigration policy ahead of the election.&nbsp;
NZ First wants to restrict birthright citizenship and prevent asylum seekers from accessing work, while Labour wants to introduce a citizenship pathway for children born to undocumented parents and a longer permanent residency process.
ACT would change New Zealand's residence system by removing the existing Permanent Resident Visa category, whereas the Greens want to end 12-month stand-down periods requiring workers to leave the country between visas, and allow migrant workers to change jobs.
Current Immigration Minister Erica Stanford told Andrew Dickens that National's policy will be revealed soon, and it will be 'more of the same that you've seen in the last 3 years.'
LISTEN ABOVE&nbsp;

Erica Stanford: Immigration Minister chats increasing discourse

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cbc2921c-4d37-446a-acda-b4c2005a12df/transcript

Tom Hartmann: Sorted Personal Finance Lead on the increase on Kiwis applying for credit cards

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