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Personal Finance news
Nearly 500k people behind on loan payments, mortgage arrears hit eight-year high
The OCR has fallen 200 basis points since August, but home owners are still struggling.
Floating rate fad helps Westpac's profit grow 10%
Bank reports $525 million profit in six months.
More than half of Kiwis worry about money weekly
The equivalent of just over two million people worry about money either daily or weekly.
Tech Insider: Blackbird partner says Govt made mistake giving up on $300m Elevate fund
PLUS: Blackbird gears up for $1 billion raise.
New survey highlights how worried Kiwis are about money
'There’s not a lot of resilience in the system.'
Nadine Higgins: How your neighbour's spending habits can mislead you
Opinion: Appearances can be deceiving; many who seem wealthy face financial issues.
KiwiSaver news
Mary Holm: Trying to time the share or property market is a fool’s game
OPINION: You never know when bad luck might strike.
Former FMA chief Rob Everett to chair Simplicity
Rob Everett was the former chief executive of the Financial Markets Authority (FMA).
Mary Holm: Home ownership vs shares - the great Kiwi debate
OPINION: Balancing home ownership with investment strategies.
Interest rates news
Floating rate fad helps Westpac's profit grow 10%
Bank reports $525 million profit in six months.
Mary Holm: Trying to time the share or property market is a fool’s game
OPINION: You never know when bad luck might strike.
Investment news
Former FMA chief Rob Everett to chair Simplicity
Rob Everett was the former chief executive of the Financial Markets Authority (FMA).
Tech Insider: Blackbird partner says Govt made mistake giving up on $300m Elevate fund
PLUS: Blackbird gears up for $1 billion raise.
Nadine Higgins: How your neighbour's spending habits can mislead you
Opinion: Appearances can be deceiving; many who seem wealthy face financial issues.
Tax news
Treasury keen on crisis time OCR cuts, not spending and money printing
The agency still can't pinpoint the benefits of the Covid-era $55 billion LSAP programme.
Auckland scaffolding company director sentenced to home detention for $558k tax fraud
The woman was ordered to pay reparations of $13,000, albeit at $50 per week.
Borrow-against-your-provisional-tax firm Taxi wins law change, reveals numbers
The small business-focused start-up bags its first two corporate clients.
Business news
Nigel Latta on cancer and the psychology of saving: 'Lotto feels like you're giving up'
The acclaimed broadcaster and psychologist thought he only had months to live.
Bryce Wilkinson: Nicola Willis faces uphill Budget battle with fiscal deficits
OPINION: This year's Budget needs to cut ineffective spending and increase income.
More personal finance news
Diana Clement: The AI tools transforming your financial decisions
OPINION: AI can help analyse budgets and investments without needing tech skills.
Mary Holm: How do we make sure a home deposit gift is fair for both our sons
OPINION: You will need to explain to both sons why the amounts differ.
'Overstaffed': Two Reserve Bank assistant governors quit amid restructure
Departures following Adrian Orr's shock resignation as governor.
House prices down in most regions in year to March
Prices either static or falling throughout NZ, only six areas had price rises lately.
What is the bond market – and is it still a 'safe haven' asset?
Bonds have emerged as a key player in the tariff wars between the US and China.
Nadine Higgins: Deposit rates tumbling – where do I put my savings now?
OPINION: Term deposit rates have fallen from 6% last year to about 4.3% now.
Mary Holm: How to weather sharemarket turbulence
OPINION: Knowing when to invest again is impossible so it's better to stay put.
Treasury keen on crisis time OCR cuts, not spending and money printing
The agency still can't pinpoint the benefits of the Covid-era $55 billion LSAP programme.
Du Val unit buyer fears reneging on $850,000 contract
'Targeted and called repetitively by young Pasifika people who got my trust.' - Keil-Hall