Financial Tips & Guides
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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.
Cabinet in December 2019 made an “in-principle” decision for the cap to sit at $50,000, but following public consultation during 2020, decided to increase this limit. Once implemented by mid-2023, the scheme will see registered banks and licensed deposit-takers like building societies, credit unions and Read More …
Money laundering is providing some of the biggest hits, according to latest police data in the period to mid-February. Since 2010, $994.3 million has been restrained under the Criminal Proceeds (Recovery) Act 2009 (CPRA) with $327.3 million of that tally forfeited to Treasury for use Read More …
Technology has played a great role in the financial industry over the past few years. As technology advances even further, it provides financial institutions with better opportunities that will create more impact than most traditional financial services. It is common for executives to rely on Read More …
All of BNZ’s (and Westpac’s) recent chnages have been to their ‘special’ rates for LVRs of 80% or less. Neither made changes to their standard rates at this time. And neither made matching term deposit changes either.
For many of us, the price of gold has no relevance whatsoever. However, it may have more of an impact than you think and the price of gold may affect more than just your ability to buy or sell products that you have that are Read More …
If you want to make sure that you have protected your assets from inheritance tax then you need to be ahead of the game. Consider the following tips to ensure that your assets are well-protected. Create a will If you don’t have a will then Read More …
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While most people have sympathy with a social-life fund, the vanity fund might seem silly to you. That’s fine, everyone has different priorities, and your equivalent of a vanity fund might be gardening, homewares, car accessories, or books. Replace “vanity” with whatever silly emotional thing Read More …
In a sharp turnaround from the direction and sentiment of just a week ago, the Kiwi dollar has commenced a fledgeling recovery against the US dollar in currency markets. From a low point of 0.6275 on 3 September, the NZD/USD rate has appreciated to above Read More …
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Declan Moore, chief customer officer at QBE New Zealand and Pacific, said by removing the primary and secondary caregiver restrictions it hoped to open the leave up to more dads and same sex partners and normalise taking time off work to care for children for Read More …