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Market News


Market News from the worlds top financial websites
Wed April 25, 18

Kiwibank appoints Steve Jurkovich as new boss - Wed April 25, 18 - NZHerald PersonalFinance
A new chief executive has been named for Kiwibank - eight months after its previous CEO resigned.Steve Jurkovich will take up the role at the end of July. He was previously executive general manager of business banking at ASB.Kiwibank... more ...

Cooking the Books podcast: Why a simple savings account is the key to money happiness - Wed April 25, 18 - NZHerald PersonalFinance
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's why saving even a little bit could change your relationship with money. Hosted by Frances Cook. Listen to "Cooking... more ...

Banks should be doing more: Retirement Commissioner - Wed April 25, 18 - NZHerald PersonalFinance
Banks should be doing more to improve the financial health of New Zealanders, says the head of the Government's money education arm.Last week, ANZ released a report on the Financial Wellbeing of New Zealanders which showed Kiwis... more ...

Robert MacCulloch: New style of reform way out of growing inequality divide - Wed April 25, 18 - NZHerald PersonalFinance
Inequality is an issue likely to dominate politics over the next several decades. The bottom 50 per cent own almost nothing: less than 5 per cent of total wealth, both at the world level and within NZ. The public are being scandalised... more ...

Australian banking scandal: New Zealand regulator in talks with financial firms - Wed April 25, 18 - NZHerald PersonalFinance
The financial sector watchdog says it is in talks with Australia's major banks and financial services firms about the implications for their New Zealand arms in the wake of Australia's banking inquiry which has exposed a series of... more ...

Diana Clement: The pros and cons of balance transfers - Wed April 25, 18 - NZHerald PersonalFinance
If you've got a big chunk of credit card debt, the interest payments alone may be crucifying your finances. It's not surprising, therefore, that balance transfer offers by banks are popular with Kiwis. How it works is banks offer... more ...
Fri April 20, 18

Mary Holm: Short selling not risky for funds - Fri April 20, 18 - NZHerald PersonalFinance
In the Business section two weeks ago, there was an interesting article by Brian Gaynor on short selling.I was shocked to learn that New Zealand passive fund managers lend shares to short sellers up to 50 per cent of the value of... more ...

AMP CEO apologises and quits after Australian conduct inquiry - Fri April 20, 18 - NZHerald PersonalFinance
AMP's New Zealand boss says conduct issues at its Australian parent are not happening here.AMP in Australia has today apologised for charging clients fees for advice they did not receive and its CEO has resigned with immediate effect.The... more ...

More than one-in-three Kiwis has poor financial health - Fri April 20, 18 - NZHerald PersonalFinance
More than one-in-three New Zealanders is either struggling or only just getting by, according to new research on the financial wellbeing of Kiwis.The ANZ Financial Wellbeing study is the first time the bank has extended its research... more ...

A super future: Are we on track to pay for our pensions? - Fri April 20, 18 - NZHerald PersonalFinance
Would you be prepared to pay more tax if it meant your parents and grandparents continued to receive New Zealand Superannuation?Or would you prefer it if the government spent less on health or the education of your children, to... more ...
Wed April 18, 18

Cooking the Books podcast: The good and bad news for first-home buyers - Wed April 18, 18 - NZHerald PersonalFinance
Each week the NZ Herald and Newstalk ZB's Cooking The Books podcast tackles a different money problem. Today, it's the good change for first-home buyers, but also a word of caution. Hosted by Frances Cook. Listen to "Cooking the... more ...
Mon April 16, 18

Auckland directors dominate listed market - Mon April 16, 18 - NZHerald PersonalFinance
Directors on New Zealand's publicly listed companies are more likely to be from Auckland and male compared to government-appointed boards, research has revealed.Chapman Tripp has analysed the make-up and tenure of boards for New... more ...

Troy Swann: How to fix New Zealand's retirement savings shortfall - Mon April 16, 18 - NZHerald PersonalFinance
Many New Zealanders are not on-track for a comfortable retirement. As a nation, we are simply not saving enough. And the small amount we are saving is not being invested for long-term wealth creation.To begin, let's consider how... more ...

Over 30pc of older workers have to work to pay bills - Mon April 16, 18 - NZHerald PersonalFinance
Nearly a third of Kiwis still working after 65 say they have to do so to pay the bills, according to new research.It comes after an Organisation for Economic Co-operation and Development (OECD) report that found New Zealand has... more ...
Sun April 15, 18

Retirement Commissioner hits back at pension criticism - Sun April 15, 18 - NZHerald PersonalFinance
New Zealand's Retirement Commissioner has hit back at criticism of the country's pension system and lack of reform.Last week a visiting expert said New Zealand was lagging behind other countries by failing to under take a comprehensive... more ...

'I just want my money': Immigrant fighting for unpaid wages - Sun April 15, 18 - NZHerald PersonalFinance
An "exploited'' immigrant wants to stay in Dunedin to fight for the money he is owed.Anmol Singh (27), of India, says he will happily leave New Zealand after he gets the outstanding pay he earned in Dunedin."I just want my money.''Mr... more ...
Sat April 14, 18

Millennials pick pets over parenthood with cost of living - Sat April 14, 18 - NZHerald PersonalFinance
For Waiheke Island's Jasmine Sinden, 27, and Vince Carr, 32, their pets are like children.The engaged couple are part of a growing group of people who have put off having kids due to the cost of living.Their greyhound Opie has... more ...

Diana Clement: Ten ways to spend less and save more - Sat April 14, 18 - NZHerald PersonalFinance
Stop! You don't need to spend that. Everyone can save money without really trying. It's about evaluating day-to-day decisions more rationally. Question everything So often our behaviour is driven by what society tells us.We... more ...
Fri April 13, 18

Mary Holm: Mortgage-free better way to go - Fri April 13, 18 - NZHerald PersonalFinance
I have a family home with a $200,000 mortgage and a rental property with approximately $200,000 of equity. I'm considering selling the rental property to get mortgage-free on the family home, with the idea being to put my future savings... more ...
Wed April 11, 18

Cooking the Books podcast: How to squeeze the best mortgage out of your bank - Wed April 11, 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 happening in the home-loans market, and how to take advantage of that. Hosted by Frances Cook. Listen to... more ...
Last updated : Thu April 26, 18 - 12:30:34


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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.