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Market News from the worlds top financial websites
Fri May 22, 20

Covid 19 coronavirus: KiwiSaver members could miss out on $3.5 billion in retirement - Fri May 22, 20 - NZHerald PersonalFinance
An online research savings firm says KiwiSaver members who have recently changed funds are likely to miss out on $3.5 billion in retirement.In the quarter ending March, approximately 3.74 per cent of members from KiwiSaver growth... more ...

Mortgage wars: ASB cuts two year home loan rate to 2.69% - Fri May 22, 20 - NZHerald PersonalFinance
Mortgage rates are continuing to tumble as another major bank cut its rate to a record low this morning.ASB bank will offer 2.69 per cent over two years fixed on home loans from tomorrow, undercutting moves made by rival banks this... more ...
Wed May 20, 20

Worked from home in lockdown? You could get $15 a week - Wed May 20, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. If you worked from... more ...

Panicked KiwiSavers moved $1.4 billion at peak of market meltdown - Wed May 20, 20 - NZHerald PersonalFinance
KiwiSavers moved $1.4 billion into cash and conservative funds in March - a move which one provider says shows how people panicked during the peak of the markets crashing as the Covid-19 coronavirus spread.Fund under management... more ...
Fri May 15, 20

How to bring money fears under control - Fri May 15, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. In the money world,... more ...

Covid 19 coronavirus: Politicians pass temporary law for own pay cuts - Fri May 15, 20 - NZHerald PersonalFinance
Pay cuts for the Prime Minister, other MPs, mayors and police and Defence Force heads can now go ahead – but some MPs may end up with a smaller cut than the 20 per cent the Prime Minister wanted ministers to take.A law to allow... more ...
Wed May 13, 20

BNZ, ANZ to ditch cheques as Covid-19 spurs shift to digital - Wed May 13, 20 - NZHerald PersonalFinance
BNZ and ANZ plan to ditch cheques next year, following the move by Kiwibank which stopped accepting cheques at the end of February this year.The BNZ will phase out cheques by July 2021, while the ANZ has yet to put a date on its... more ...
Fri May 8, 20

Cooking the Books podcast: How our work lives could change post-Covid 19 - Fri May 8, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. Covid-19 has taken... more ...

Covid 19 coronavirus: BNZ boss defends banking sector after govt criticism - Fri May 8, 20 - NZHerald PersonalFinance
BNZ boss Angela Mentis has defended the banking industry after it came under fire from the Government for its handling of business lending.Finance minister Grant Robertson last week criticised the sector after low take-up of the... more ...
Tue May 5, 20

ANZ loses bid to strike out action over Ross Asset Management ponzi scheme - Tue May 5, 20 - NZHerald PersonalFinance
The High Court at Wellington has declined ANZ Bank's attempt to get a suit from more than 500 investors of failed Ross Asset Management thrown out early.Justice Jillian Mallon ruled today that the $80 million class action must go... more ...
Sun May 3, 20

Westpac NZ expects $211 hit linked to Covid-19 - Sun May 3, 20 - NZHerald PersonalFinance
Cash earnings at Westpac New Zealand have taken a big hit after the bank increased its impairment charge to $211 million as it prepares to weather the storm from Covid-19 coronavirus.The New Zealand division of the ASX-listed bank... more ...
Sat May 2, 20

Cooking the Books podcast: Worrying KiwiSaver myths busted - Sat May 2, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. In times of crisis... more ...
Thu April 30, 20

ANZ NZ profit down 15pc to $789m - Thu April 30, 20 - NZHerald PersonalFinance
Higher expenses and a squeeze on its margins has seen the profit of ANZ New Zealand take a dive in the first half of its financial year.The country's largest bank reported a net profit after tax of $789 million for the six months... more ...

Covid 19 coronavirus: KiwiSaver funds shrink by $4.5 billion to $59b in three months, most funds in red - Thu April 30, 20 - NZHerald PersonalFinance
A record $4.5 billion was wiped off the value of KiwiSaver funds in the March quarter as markets tumbled amid the outbreak of the Covid-19 coronavirus.The total value of KiwiSaver funds fell from $63.6b as of the end of 2019 to... more ...
Mon April 27, 20

Cooking the Books podcast: NZ's $55b residential property industry already adapting to Covid 19 - Mon April 27, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode.  It seems it takes... more ...
Fri April 24, 20

Covid 19 coronavirus: Some banks increasing branch opening hours under alert level 3 - Fri April 24, 20 - NZHerald PersonalFinance
Some major banks will increase the number of branch opening hours under alert level 3 but others will make little or no change.Since New Zealand went into level 4 lockdown on March 26 the major banks have only opened selected branches... more ...
Thu April 23, 20

Cooking the Books podcast: The best options for getting started investing - Thu April 23, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. My inbox has been... more ...
Wed April 22, 20

Cooking the Books podcast: How to catch out the Covid 19 scammers - Wed April 22, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast is here to get you the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode. As New Zealand prepares... more ...
Fri April 17, 20

Cooking the Books podcast: Focus on skills, not role, in tough new job market - Fri April 17, 20 - NZHerald PersonalFinance
COMMENT: The Herald's Cooking the Books personal finance podcast has gone daily in lockdown, to help you get the tips you need to weather the financial storm. Hosted by Frances Cook, with a new money expert featured on each episode.... more ...

Covid 19 coronavirus: Retirees donating superannuation to aid children's charities at breaking point - Fri April 17, 20 - NZHerald PersonalFinance
Looking at her grandchildren waving and smiling from the curbside of her Westmere home once a week, Ana Mon is reminded what it means to be a vulnerable person during Covid-19 lockdown.The demands of social distancing are never... more ...
Last updated : Tue May 26, 20 - 17:19:57


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Disclaimer: All the information above is provided as a service for individuals and institutions. It should in no way be construed as a recommendation as an investment. Investment decisions should be based on the risk tolerance and planning horizon of the investor. Market participants must understand that past performance is also not a guarantee or predictor of future results.