Personal Finance
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
4th Nov 23, 9:00am
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
Sheryl Sutherland points out that being unprepared to achieve your financial goals will very likely mean that Murphy's Law will apply
2nd Nov 23, 10:34am
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Sheryl Sutherland points out that being unprepared to achieve your financial goals will very likely mean that Murphy's Law will apply
Lynda Moore has five tips on getting started with saving for a house deposit. It's not easy but doable if you have the right mindset
1st Nov 23, 11:50am
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Lynda Moore has five tips on getting started with saving for a house deposit. It's not easy but doable if you have the right mindset
Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
1st Nov 23, 5:00am
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Credit bureau Centrix says company liquidations are on the rise, with credit defaults climbing 'across the board' in September
Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
31st Oct 23, 4:26pm
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Latest RBNZ figures show just a small rise in overall non-performing housing loans in September - though separately there was a noteworthy rise in consumer borrowing
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
30th Oct 23, 4:52pm
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The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
Too many products are easier to throw away than fix – NZ consumers deserve a ‘right to repair’
27th Oct 23, 9:08am
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Too many products are easier to throw away than fix – NZ consumers deserve a ‘right to repair’
Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
26th Oct 23, 3:26pm
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Latest RBNZ figures show New Zealanders' interest bill on mortgages topped $4.6 billion in the September quarter, putting us on target to pay well north of $17 billion to the banks in mortgage interest for the full 2023 year
Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too
26th Oct 23, 1:05pm
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Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too
Statistics NZ says food and housing continue to be key drivers of increased costs for households
26th Oct 23, 11:13am
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Statistics NZ says food and housing continue to be key drivers of increased costs for households
Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans
26th Oct 23, 10:09am
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Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans
Lynda Moore says the key to avoiding money mistakes is to get both sides of your brain working together to make sound financial decisions
25th Oct 23, 10:35am
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Lynda Moore says the key to avoiding money mistakes is to get both sides of your brain working together to make sound financial decisions
[updated]
ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
24th Oct 23, 5:53pm
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ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
24th Oct 23, 12:16pm
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Banks are telling the Reserve Bank 'a more significant increase' in investor demand for residential mortgages may occur in the next six months if interest deductibility on rental properties is reintroduced
[updated]
Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
24th Oct 23, 10:39am
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Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
The World Gold Council's Johan Palmberg finds that gold – likely via investor flows – responds to elevated geopolitical risk. But how long that lasts depends the follow-up economic consequences
22nd Oct 23, 6:00am
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The World Gold Council's Johan Palmberg finds that gold – likely via investor flows – responds to elevated geopolitical risk. But how long that lasts depends the follow-up economic consequences
Another main bank - Kiwibank - trumps the ASB 6% term deposit offer for a six month term, pushing it to 6.05%, a market-leading level from any bank
18th Oct 23, 2:15pm
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Another main bank - Kiwibank - trumps the ASB 6% term deposit offer for a six month term, pushing it to 6.05%, a market-leading level from any bank
Lynda Moore asks; what are you trading, or compromising for money? If you know the price you are paying, you can decide if you are prepared to pay it
18th Oct 23, 9:44am
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Lynda Moore asks; what are you trading, or compromising for money? If you know the price you are paying, you can decide if you are prepared to pay it
Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
16th Oct 23, 11:58am
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Statistics New Zealand figures show household net worth fell by a further $33.5 billion in the June quarter, with over half of this due to falls in property values - but our rate of savings increased
[updated]
Heartland Bank raises more home loan rates, whittling back much of its rate advantage. It also unveils a 5% digital call account, besting most other call account offers
16th Oct 23, 11:39am
Heartland Bank raises more home loan rates, whittling back much of its rate advantage. It also unveils a 5% digital call account, besting most other call account offers
Sheryl Sutherland says implementing your investment plan is the only way you are going to get to your goal. She has twelve steps on how to do it positively
14th Oct 23, 9:54am
Sheryl Sutherland says implementing your investment plan is the only way you are going to get to your goal. She has twelve steps on how to do it positively
A main bank moves the 6% term deposit rate offer to a six month term, and raises its three year offer to a market-leading 6.10%
12th Oct 23, 9:24am
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A main bank moves the 6% term deposit rate offer to a six month term, and raises its three year offer to a market-leading 6.10%
NZ Banking Association figures show while many mortgage holders remain ahead with repayments, 1.4% are behind, while over 9000 bank customers applied for hardship status
12th Oct 23, 7:40am
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NZ Banking Association figures show while many mortgage holders remain ahead with repayments, 1.4% are behind, while over 9000 bank customers applied for hardship status
If you don’t take responsibility for yourself and put the steps in place to become wealthy or financially free, then you simply won’t get there, says Lynda Moore
12th Oct 23, 5:00am
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If you don’t take responsibility for yourself and put the steps in place to become wealthy or financially free, then you simply won’t get there, says Lynda Moore
Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
10th Oct 23, 2:00pm
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Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
