Financial Tips & Guides
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/JRHALJRFYUOZRR4E3QXETNMH3Q.jpg)
The Herald revealed this morning how a grieving pensioner lost access to her money after Westpac Bank stripped her of her credit card and closed an account following her husband’s death. But ANZ and ASB have also been accused of similar practices. Sarah Busby, a Read More …
Credit firm Equifax in its review of the market for March said mortgage issuance by the big four banks had driven the increase in consumer credit enquiry volume in the mortgages space, “up a whopping 103% on March 2020”. Equifax says commercial enquiry volumes are Read More …
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 …
/arc-anglerfish-syd-prod-nzme.s3.amazonaws.com/public/OMDW6YXYL5F6FA2YVKDUNGNECM.jpg)
The company’s survey of 2,117 Kiwis revealed that 44 per cent of respondents planned on using some form of credit to fund their Christmas shopping. The research found that the average Kiwi spent $319 on gifts, upping the national spend to $1.17 billion.
The average fee charged for credit cards is 1.6 per cent but they can top 2 per cent. That compares to 0.8 per cent on average in Australia and 0.5 per cent in the United Kingdom.
There was an unexplained link between how far you live from the equator, and how fast you pay your bills, said Simon Bligh, chief executive of credit reporting company Illion.
Consumer NZ’s latest banking survey found, despite increasing scrutiny on the sales pressure on bank staff, 20 per cent of bank customers had been offered financial products they didn’t request and, in many cases, didn’t want.
From time to time we all exceed our budgets. Whether this is weekly, monthly or annually, keeping our budgets under control can be very challenging for the vast majority of us. If you have blown your budget for this year, we will show you how Read More …
Tax time may seem like a long way off, but it is not too early to begin thinking about your taxes for the current year. Unfortunately, the old adage is true – you can’t avoid taxes. However, there are some steps you can take to Read More …
Most of us look forward to the day when we no longer have to go to work every day and have the freedom to pursue our dreams, even if that dream is sleeping in every morning and binge-watching television programmes all day! The best way Read More …