Financial Tips & Guides
ANZ NZ’s managing director of personal banking, Ben Kelleher, said: “Lending for apartments does carry more risk than for other property, and we’ll still need a higher, 50% deposit for smaller apartments below 38m² and other, non-standard apartments like leasehold or studio apartments. “Higher risks Read More …
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The Financial Markets Authority has released a guide on talking about money online aimed at social media influencers as well as tips for consumers who may come across people providing financial commentary online. Rob Everett, FMA chief executive, said it was fine to talk about Read More …
The concept of a test rate is that when considering home loan applications, banks calculate the ability of the borrower to repay the loan at a higher interest rate than current rates. Thus the lender looks to satisfy themselves that the borrower could maintain their Read More …
A rare houseplant up for auction on Trade Me has attracted a winning bid of $27,100. The variegated minima is a variety of the philodendron minima, which is a vining plant that is native to tropical forests. The variegation refers to the colouring of the Read More …
NZ-headquartered maker of breathing equipment Fisher & Paykel Healthcare (FPH) has had an extraordinary year on the back of the Covid pandemic, with after-tax profits rocketing up 82% to $524 million in the year to March. Operating revenue was $1.97 billion, up 56%. Of this, Read More …
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Prices have been spiralling up for a while now, and the past year has only seen things get more intense. Increasing numbers of people feel locked out of buying their own home, a core part of financial stability in New Zealand for generations now.
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Jane Wrightson, Retirement Commissioner and the head of the Commission for Financial Capability – the Government’s money education arm – said the strategy would bring together commercial entities, the non-profit sector, iwi and the government to work together.
Jane Wrightson, Retirement Commissioner and the head of the Commission for Financial Capability – the Government’s money education arm – said the strategy would bring together commercial entities, the non-profit sector, iwi and the government to work together.
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 …
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 …