Financial Tips & Guides
Today on The Detail, Emile Donovan sits down with the editor of the NBR’s Maria Slade to discuss The List, as it’s now known; whether this change is simply a PR move for the mega-wealthy; and how these people are using the vast reservoir of Read More …
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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 …
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.
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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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 …
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 …
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 …
