Financial Tips & Guides
RBNZ Assistant Governor Christian Hawkesby told interest.co.nz the RBNZ was “watching markets really carefully.” Asked whether ramping up bond buying for a short time via the Large-Scale Asset Purchase (LSAP) programme was something the RBNZ would do, Hawkesby said: “We’ve observed the price action, which Read More …
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ASB has lifted its five-year rate from 1 per cent and it is now much higher than the 0.9 per cent which the other main trading banks are offering. According to Reserve Bank figures the average interest rate on five-year terms was 0.96 per cent 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 …
An Auckland company which falsely claimed to offer a savings scheme to help low-income families buy a home has been fined $400,000 after a Commerce Commission investigation. Home Funding Group (HFC) was convicted in January on two charges under the Fair Trading Act at Auckland Read More …
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Strategies abound for getting rich quickly, hyped stocks are spread through online forums, and for every overnight winner there are 10 losers left in their wake, carrying the can. The reaction to this in some quarters has been for people to warn that the sharemarket Read More …
On Tuesday, Robertson said this timeframe is being shortened to seven days. Qualifying businesses can get $1500 plus $400 per employee up to a total of 50 fulltime equivalents ($21,500). The Prime Minister will provide an update on Wednesday on whether Auckland’s Level 3 lockdown Read More …
The scheme is intended to support businesses “getting back on their feet” to take on new workers, and is targeted at Kiwis struggling to re-enter the work force, including those who lost their jobs due to Covid. The $311 million extension announced on Thursday widens Read More …
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The latest ASB Investor Confidence Survey shows net investor confidence (the difference between those that think investment returns will improve versus worsen in the coming year) has lifted from -11 per cent in the third quarter of 2020 to +2 per cent for the three Read More …
Trade Me said the supply of rentals was up by 11 per cent in December, but demand was up by 13 per cent, keeping prices high and suggesting it could be another difficult year for tenants. Inflation has been consistently higher for beneficiaries, and in Read More …
Auckland is New Zealand’s largest city, and its city centre is the primary place where people work and play. Previously we have explained the significance of the city centre worker population to the Auckland economy and investigated how COVID-19 has impacted the number of workers Read More …