Latest fromPersonal Investment

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.

Rental return views divided: ASB
A divide is emerging between "young investors" and their "not-so-young" counterparts over perceived returns from rental properties, ASB says.

Helen Twose: KiwiSaver nest-egg for grandchildren
Our question is that we are considering putting $10,000 each into starting a KiwiSaver account for our grandkids as inheritance. They are 10, 15 and 18.

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.

China's plight a challenge for NZ
The challenge for New Zealand will be how to manage while the economies of its two biggest trading partners are slowing during continued strength in the Kiwi dollar

Mixed views on fencing off investors
Ponsonby chartered accountant Hongying Qiu was in and out of 11 Farrar St in Grey Lynn within 10 minutes yesterday afternoon.

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.

Edtorial: FMA's first chief leaves solid legacy
Editorial: Restoring investor confidence in NZ's financial markets is a long-term proposition - and Sean Hughes showed how much can be done in 3 years.

Peter Neilson: Discussion needed around future retirement incomes
We need to be as clever as clever now and forever to get our savings scheme working to meet New Zealand's next boom, writes Peter Neilson.

Auckland home buyers look north
Many properties around Whangarei are being bought by Aucklanders as house hunters look north because of high prices in the city.

Businesses stay upbeat on prospects
Business remains upbeat in the New Zealand Institute of Economic Research's quarterly business opinion poll.

Ross family paintings sold for $199k
David Ross appeared briefly in the Wellington District Court this morning, where hearings were adjourned to August 22.

Home-buyers' Kiwisaver boost
The number of first-home buyers using KiwiSaver savings to get a deposit on a house has almost doubled in the past year as the scheme turns six.

David Ross facing three further charges
Three more charges have been laid today against the alleged Ponzi-schemer David Ross.

Transtasman super deal to kick in
People wanting to transfer their Australian superannuation savings back to New Zealand should expect the process to take around six weeks.

FMA boss calls for end to financial blame game
Kiwi investors need to take responsibility for their financial decisions and stop blaming the market regulator every time something goes wrong, says the head of the Financial Markets Authority.

Adviser's $400m Ponzi charges
The Serious Fraud Office has laid charges against financial adviser David Ross, who is alleged to have operated a $400 million Ponzi scheme.

Overseas investors sell up
A sell-off by international investors is likely to be behind the weakness in Mighty River Power's share price, say analysts.

'$1000 down' property deals back
House-hunters are seeing a return of "buy-off-the-plans" developments which advertise low deposits and no repayments until completion.

Diana Clement: Retirement village investments eat capital
If there's an "investment" that's guaranteed to eat capital, it's retirement villages. These resort-like gated communities for older people are popping up all over the country.

Mary Holm: Weighing up property versus shares
No matter which you favour, there's no way of knowing where the prices of real estate or stocks will go

Peter Lyons: Misguided logic behind asset sales pitch
I see little point in the Govt selling shares generating dividend yields of 6 to 7 per cent to avoid borrowing to fund its deficits at around 3 to 4 per cent, writes Peter Lyons.

Retirees need to keep investing savings, warns expert
People need to keep investing their retirement savings after they retire.