Source: Greenpeace
Tech and Security – Gen Threat Report Reveals Rise in Crypto, Sextortion and Tech Support Scams in an AI-Powered World
Gen in New Zealand tracks 77,721% rise in crypto scams, 170% spike in sextortion scams, and 278% increase in malicious push notifications
Auckland, 31 July 2025 – Gen (NASDAQ: GEN), a global leader powering Digital Freedom with a family of trusted brands including Norton, Avast, LifeLock, MoneyLion and more, today released its Q2/2025 Gen Threat Report. This quarter was marked by the takedown of the first known ransomware developed using AI, and globally, a 21% growth in data breaches and a 340% increase in financial scams. The team of Gen researchers also found a 100% increase in sextortion scams and a surge in Tech Support Scams spreading through Facebook.
New Zealand’s top threats in Q2/2025 were:
· Malvertising
· Scams (phishing, generic scams, E-shop scams, dating scams)
“This quarter’s global tr
Local News – Mayor Campbell Barry calls for a water services powerhouse in Lower Hutt – Hutt City
Source: Hutt City Council
Health experts urge inquiry into tobacco industry influence after heated tobacco tax cut extended – Health Coalition
Source: Health Coalition Aotearoa
- Launch a public inquiry into tobacco industry influence on Government policy.
- Strip NZ First of the tobacco and vaping portfolio.
Retirement Commission – New data reveals financial discomfort among women at an all-time high
New research from Te Ara Ahunga Ora Retirement Commission has revealed that record numbers of women are feeling more uncomfortable financially compared to their male counterparts.
Data from the Retirement Commission’s financial sentiment tracker has found that 62% of women are financially uncomfortable in comparison to 51% of men in the year to 30 June 2025. The proportion of women who were worried about their finances pay-to-pay and their levels of debt is now the highest since research began in July 2021.
The Retirement Commission surveys thousands of New Zealanders each year to track how people are feeling about their finances. The insights are used to help identify where particular challenges are and opportunities to provide better support.
Over the last few years, the financial sentiment tracker has shown the power that having an emergency savings fund can have on people’s financial wellbeing when they have some protections in place to cope with the unexpected. This latest report reveals that 44% of the population currently do not have an emergency fund in place, ultimately threatening their financial resilience.
Women were less likely than men to have an emergency fund (48% either don’t think they’ll have one or are just considering setting one up, compared to 41% of men).
Data found that 64% of people who had set up an emergency savings fund in the last three months felt confident about their future (almost identical to those with established funds at 65%) in comparison to only 22% of those without a fund.
This August, the Retirement Commission’s annual Sorted Money Month campaign is putting the spotlight on emergency savings.
Sorted Personal Finance Lead Tom Hartmann is encouraging New Zealanders to set up an emergency savings fund if they don’t already have one.
“Starting an emergency savings fund, even if it is only $5 a week, can help people avoid debt and cope better in a crisis,” he says.
“The research shows that putting money into emergency savings to deal with financial challenges when they arise, will also help you feel more optimistic about the future, and encourage a savings habit that ultimately builds financial resilience.”
The National Strategy for Financial Capability partners are also supporting Money Month with events and programmes across the country. These events can be found the on the Sorted event calendar allowing people to find out what is happening locally and get involved.
By the numbers:
- 44% of the general population do not currently have an emergency savings fund.
- 64% of those who’ve set up an emergency fund in the last three months agree with the statement ‘I/we feel optimistic and confident about my/our future right now’ compared to only 22% of those who don’t believe they will set one up in the near future.
- Only 35% of those with an emergency fund are concerned about finances from pay to pay, compared to 64% of those without a fund.
- 56% of participants feel financially uncomfortable, while 44% feel financially comfortable.
- The gap between women and men feeling financially comfortable has widened over the past four years, with only 38% of women feeling financially comfortable compared to 49% of men in 2025.
- The proportion 18 to 34-year-olds feeling financially comfortable has declined from 53% in 2022 to 43% in 2025
- The proportion of Māori participants feeling financially comfortable has dropped from 42% two years ago to 34% this year.
- On a year-on-year basis, more people are concerned about finances from pay to pay this year (42%) compared to last year (40%), while optimism about the future has increased to 46% from 44%.
About Sorted
Sorted is a free service run by Te Ara Ahunga Ora Retirement Commission, the government-funded, independent agency dedicated to helping New Zealanders get ahead financially.
As New Zealand’s trusted personal finance site, Sorted has the information needed to tackle debt, plan and budget, save and invest, dial up your KiwiSaver, plan for retirement, protect what's important, and manage a mortgage. Providing tools, guides and blogs, Sorted can help no matter where you are at when it comes to money.
About Te Ara Ahunga Ora Retirement Commission
Te Ara Ahunga Ora Retirement Commission aims to help New Zealanders to retire with confidence. Retiring with confidence means New Zealanders feel secure they’ll have resources to live and the know-how to make
Economy – RBNZ launches new indicators to track financial inclusion
31 July 2025 – The Reserve Bank of New Zealand – Te Pūtea Matua (RBNZ) has created a series of financial inclusion indicators, designed to improve understanding of how well the financial system is serving the diverse needs of our communities and how it evolves over time.
Director of Financial System Assessment, Kerry Watt, says financial inclusion is an important feature of an effective modern financial system.
“When people are excluded from financial services, it can limit their ability to participate in the economy and ultimately their wellbeing. Our indicators are part of our efforts to understand and track how the financial system is serving New Zealanders,” Mr Watt says.
The indicators focus on the ability of individuals and businesses to obtain and access to financial services such as cash services, deposit accounts, and credit.
Key findings from the report include:
97% of adults in Aotearoa New Zealand reported having at least one deposit account. However, access varies by age, income, and ethnicity.
70% of adults have at least one regulated credit product, though this drops to 64% among Māori. Regional disparities are also evident, with Gisborne showing notably lower access relative to its population size than other parts of the country.
Rural residents, particularly those over 60, are less likely to find it easy to deposit cash than urban residents.
Māori-owned businesses received $3.5 billion in lending from the four largest banks, just 2% of total business lending (of $185 billion).
The indicators have been developed based on international approaches and reflect the growing recognition, both globally and domestically, of financial inclusion as a core component of financial system performance.
“Understanding and promoting financial participation is a priority for the Reserve Bank. These indicators build a fuller picture of access, use, and outcomes to support New Zealanders in having reasonable access to financial products and services that meet their needs,” Mr Watt says.
More information
Financial inclusion indicators – Reserve Bank of New Zealand – Te Pūtea Matua: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=68a46cf85b&e=f3c68946f8
