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Market News


Market News from the worlds top financial websites
Sun December 16, 18

NZ's least trusted financial services sector - Sun December 16, 18 - NZHerald PersonalFinance
People who have KiwiSaver or life insurance trust their providers the least when it comes to meeting their needs, research by the market regulator shows.Just 67 per cent of people who were in KiwiSaver said they trusted their provider... more ...
Sat December 15, 18

Liam Dann: Markets in zombie mode as world staggers into 2019 - Sat December 15, 18 - NZHerald PersonalFinance
COMMENT: The bull market is dead."No, no," I hear you say. "It's just taking a breather. It's resting."Okay (and with apologies to Monty Python fans), I understand that until we are in a bear market (a fall of more than 20 per... more ...

Diana Clement: 12 ways of Xmas credit card debt - Sat December 15, 18 - NZHerald PersonalFinance
COMMENT: On the 12th day of Christmas my true love said to me: "Where did that credit card debt come from?"According to Paymark we're already spending 1.2 per cent more than last year, according to statistics from the first full... more ...
Fri December 14, 18

The interview: Fiona Mackenzie - Fri December 14, 18 - NZHerald PersonalFinance
Fiona Mackenzie bought her first shares at age 15, but it wasn't until she moved to New York to work for a Wall Street bank that her passion for investing really took off.Now she has taken on the job of revamping Direct Broking... more ...
Thu December 13, 18

New mechanisms for growth - Thu December 13, 18 - NZHerald PersonalFinance
Auckland Council's finance chief Matthew Walker talks with the Herald about funding the city's growth. Herald: As Auckland Council's chief financial officer you must be enthused by your mayor and councillors' support for trying... more ...

Stealth tax - small biz owner slams IRD payday changes - Thu December 13, 18 - NZHerald PersonalFinance
A small business owner says changes to the way pay is reported to the Inland Revenue is like an indirect tax and it will quadruple the time he has to spend on filing information about his staff.But the IRD says its move to payday... more ...
Wed December 12, 18

Cooking the Books podcast: Ways to take a holiday without going broke - Wed December 12, 18 - NZHerald PersonalFinance
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's how to take a the best holiday for the least money. Hosted by Frances Cook. Listen to "Ways to take a holiday without... more ...

Auckland council car park to skyrocket $40 a day - Wed December 12, 18 - NZHerald PersonalFinance
Auckland commuters who use the Downtown car park are set to face a 67 per cent hike in daily parking costs next year.From January 21 the capped price for parking at the Auckland Transport-owned car park will rise from $24 to $40... more ...
Tue December 11, 18

Woman shares how she saved $30K in a year - Tue December 11, 18 - NZHerald PersonalFinance
When Olivia White and her husband decided to renovate their home, they were determined to do it without taking out a bank loan.The couple got serious about tracking their spending and coming up with strategies to cut costs — and... more ...
Mon December 10, 18

Shared ownership home loans no silver bullet for affordability, say brokers - Mon December 10, 18 - NZHerald PersonalFinance
Mortgage brokers say a new shared ownership loan scheme to be offered by the BNZ is another option for home-buyers but won't be a silver bullet for solving the housing affordability issue.The bank today announced it was launching... more ...

How a poor credit score can cost you thousands - Mon December 10, 18 - NZHerald PersonalFinance
People with a history of failing to pay their bills and debts on time may end up paying thousands of dollars more for a personal loan, research has revealed.A person borrowing $10k over three years could pay $2k more in interest... more ...

Kiwis unsure how much to save for retirement - survey - Mon December 10, 18 - NZHerald PersonalFinance
More than half of Kiwis believe they need to save more for retirement but exactly how much they will need to live off year to year varies widely.Research by KiwiSaver provider ASB bank found 62 per cent of people surveyed said they... more ...
Sun December 9, 18

115,000 Kiwis to get tax bill for first time - Sun December 9, 18 - NZHerald PersonalFinance
About 115,000 Kiwis will be stung with a tax bill for the first time next year and experts are warning there could be teething issues even for those who get refunds.The Inland Revenue is undertaking a major overhaul of the way it... more ...

How to avoid Christmas spending pressure - Sun December 9, 18 - NZHerald PersonalFinance
Four out of 10 Kiwis believe others are spending more on Christmas presents than they do putting the pressure on to spend more or feel like they aren't doing enough for friends and family.Research undertaken by the Commission for... more ...

Diana Clement: Don't break the bank this Xmas - Sun December 9, 18 - NZHerald PersonalFinance
COMMENT: A written plan and a budget is the very best way to survive the silly season with your finances intact.It should include a breakdown of everything needed: the menu, presents, cards, trees and sundries such as decorations.... more ...
Thu December 6, 18

App makes it easier to keep track of your stuff - Thu December 6, 18 - NZHerald PersonalFinance
The man behind a new app which allows people to create a digital record of their possessions says the idea came from both his head and his heart.James Lee, a 36-yea- old Australian Westpac employee, says he came up with beContento... more ...
Wed December 5, 18

Cooking the Books podcast: What do the mortgage changes mean for you? - Wed December 5, 18 - NZHerald PersonalFinance
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's what's actually changed for mortgages, and how you can take advantage of it. Hosted by Frances Cook. Listen to "Cooking... more ...

BNZ paying back $3.8m to customers after loan document errors - Wed December 5, 18 - NZHerald PersonalFinance
More than 10,000 Bank of New Zealand customers are to receive a payout totalling $3.8 million to make up for errors it made relating to loan documents.The bank said it discovered the errors after reviewing its systems following... more ...
Mon December 3, 18

NZ Super will take money from working poor and give to rich: researcher warns - Mon December 3, 18 - NZHerald PersonalFinance
Keeping New Zealand Superannuation in its current form may mean more money is transferred from the working poor to the rich in the future, a researcher is warning.Jenesa Jeram, a research fellow at think-tank the New Zealand Initiative,... more ...

Global money service launches multi-currency account - Mon December 3, 18 - NZHerald PersonalFinance
A global money transfer service will step up its competition with New Zealand's banks by launching a multi-currency account today.TransferWise's borderless account will give Kiwis' one stop access to a UK account number and sort... more ...
Last updated : Tue December 18, 18 - 12:50:57


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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.