Latest from Personal Finance

Helen Twose: Investment property funding ruled out
My partner and I have been living in Australia since the start of the year because we can save more here than we could ever in New Zealand for a house.

Mary Holm: Prospects will push up share prices
The Government seems anxious to discourage people from owning overseas shares. The rules for people holding more than $50,000 of shares overseas, which is a trifling amount, are complex beyond belief.

FX trader admits stealing $830k
A 42-year-old foreign exchange trader has pleaded guilty to stealing from investors that included his family and friends.

Tax warning on bringing Aussie super money home
New Zealanders who have money saved in Australian superannuation schemes should think carefully before choosing to bring their money home, says a financial adviser.

Labour housing policy could breach FTA
Labour's housing policy to restrict house sales to foreigners could be at odds with New Zealand's Free Trade Agreement with China.

Labour defends foreign buyer policy
Labour leader David Shearer says he "makes no apologies" for his party's proposal to exclude all offshore buyers from the New Zealand housing market.

Liam Dann: Home-buying ban runs high risks
It's risky policy for a liberal, left-of-centre party because it leaves them open to accusations of xenophobia, writes Liam Dann.

Brian Gaynor: Active funds best allround use of KiwiSaver
The KiwiSaver active versus passive debate has been reignited following recent articles by Diana Clement in the Business Herald, Paul McBeth in the Listener and Rob Stock, the money editor of the Sunday Star-Times, in an Auckland suburban newspaper.

IRD welcomes tax evasion convictions
Inland Revenue says the conviction of three businessmen for tax evasion today shows there are consequences when the rules are broken deliberately.

Property developer salvaged money, court told
Jamie Peters salvaged property from his "crumbling" businesses, secured hundreds of thousands of dollars for his family and managed his bankruptcy on his own terms, the High Court has been told.

Brent Sheather: FMA's new report on DIMS
Following the Ross Asset Management disaster the Financial Markets Authority (FMA) has produced a report on discretionary investment management services (DIMS).

Tax plan lacks punch - NZ expert
A major new global plan aimed at forcing multinationals to pay more taxes has been described as underwhelming and disappointing by a Kiwi tax expert.

Helen Twose: Retirees can stick with scheme
Could you please tell me if I will be able to continue in my KiwiSaver scheme as I joined in July 2008, so almost five years ago.

Diana Clement: Better to be a lucky monkey on KiwiSaver front
Could a monkey do a better job at investing than your KiwiSaver manager? The answer may surprise you.

David Jenkins: KiwiSaver must avoid Oz pitfalls
This month's sixth anniversary of KiwiSaver has been celebrated by industry players and financial commentators, and with some justification.

AMP balks at transtasman super deal
A major Australian superannuation fund provider is refusing to let Kiwis bring their retirement savings home - despite a government deal being struck.