Financial Tips & Guides
Kiwibank economist Mary Jo Vergara says the fall in spending as tracked by the bank is the first time since the lockdown last year ended. Some people may have seen “the bottom of their lockdown savings”. “The resilience of household spending has surprised us, and Read More …
Wairarapa MP Kieran McAnulty wants improvements to hub, launched in November to provide financial services as the amount of high-street banks in his constituency dwindles. The four hubs, also in Twizel, Opunake, and Stoke, are set to stay in place until the end of 2021.
MyFarm, specialising in primary sector land-based investments, have developed a number of land and income-based opportunities with examples in kiwifruit, manuka and viticulture. These opportunities separate the land from the operations of the business, therefore reducing the investor’s exposure to operational and product price risk. Read More …
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ANZ Investment Services which manage the scheme today said investors would receive at least $1.10 for each Bonus Bond they hold based on the indication of reserves, detailed as part of its annual financial statement. Ben Kelleher, managing director personal for ANZ, said an investor Read More …
A new insurance policy designed to give rapid cash payments after a serious earthquake also reveals how risky insurance market Lloyd’s of London views New Zealand cities to be. The policies from insurance start-up Bounce were not designed to replace earthquake cover on house insurance, Read More …
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KiwiSaver provider Simplicity says it has committed $20 million to the Aotearoa Pledge – which aims to raise $100m to address New Zealand’s housing shortage. The contribution is the largest to date and takes investment in the Aotearoa Pledge, which was established by impact investment Read More …
The company changed its name last month when it sold its well-known Moa Brewing craft beer business for $1.9m to Mallbeca Ltd, a company associated with previous chief executive Stephen Smith. Earlier this month, Savor announced it would buy Hipgroup, which owns three venues in Read More …
An unnamed bank drew down $500 million on Friday. The RBNZ has now created $1.64 billion to lend to banks at a low cost via the $28 billion scheme launched in December 2020. The FLP sees the RBNZ make loans available to banks at the Read More …
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Sorted Women has been launched by the Government’s money education arm, the Commission for Financial Capability, in time for International Women’s Day today. Jane Wrightson, head of CFFC and the Retirement Commissioner, said Covid-19 had thrown into stark relief the need for a money course Read More …
The Government is set to review the multi-billion dollar Working For Families scheme, a newly released paper has revealed. The review follows on from advice to the Government to expand the scheme to cover families without children. Labour technically committed to review Working For Families Read More …
