New Zealand might have escaped a recession but public anticipation of a recession had a chilling effect, according to a new report.
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A reasonably new and evolving mortgage adviser group has sold to an established player citing regulatory issues.
Economists are singing in unison about Wednesday's interest rate announcement by the Reserve Bank.
Advisers have been receiving advice on the best way to work in an age where trust is no longer the main driver of a deal.
Kiwibank has followed the BNZ and announced rises its interest rates today.
A plan to fill so called ‘ghost homes’ has been scrapped by the Government after it paid for a $500,000 trial and investigation by Wise Group.
The new building consent frenzy is over.
ANZ economists say house prices will continue falling over the summer and they don’t see any good reasons why the housing market “might suddenly turn a corner over the coming months”.
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New Zealand’s 3.168 million KiwiSaver members paid $692 million in fees in 2022, a 6.9% increase from the previous year. These fees - a combination of administration and management charges - chewed up more than half of members’ investment returns, which this year dropped 90% to $1.3b.
The KiwiSaver company Kōura Wealth has started a petition to improve gender equity in retirement.
Retirement Commissioner Jane Wrightson is calling for KiwiSaver to be made compulsory and the minimum contribution rate ramped up to 5%.