The banks have once again waged war on each other and slashed mortgage rates well below record lows. The most recent drop occurred in rapid-fire succession, with each bank following another down. One-year special fixed rate terms are now comfortably below 3% for those with more than 20% equity (or a 20% deposit for first home buyers). This is a figure scarcely imaginable even a year or... Read more Read more

Sooner or later, you’ll probably deal with some financial stress. Many Kiwi’s are already in this position, which might be caused by rising debt, a job loss, insufficient earnings, high living costs, or even money troubles in your relationship. Whatever the circumstances, being worried about money takes a mental and physical toll, plus it can strain relations with your significant... Read more Read more

No one likes paying more tax – so what’s the likelihood we could be facing a tax hike in the near future? The NZ government (i.e. all taxpayers in NZ) have just borrowed a lot to get through the economic impacts of Covid-19 and the associated lockdown. Cash has been splashed around to try and prevent a worse economic situation than is already developing. Please let us be very clear: we... Read more Read more

Before the epidemic struck, in most parts of NZ, home prices had been booming for some time. Reasons for this included record low mortgage rates, building and land restrictions, high immigration, and high levels of employment. The property market is about to undergo a rapid change due to the flow on effect from the virus-related economic slowdown. It is a near certainty there will be a... Read more Read more