Should you insure your kids?

When you think of all things financial, insurance is probably one of the least exciting of them all (after credit card debt perhaps), but it is more important than you might think. Kiwis are starting to understand insurance better, but it blows my mind...... Read More

A positive start

A key fundamental in a successful business is strong planning. Business owners need to stop hoping they’ll have a better year in 2018 and instead work on a clear, practical, proven growth plan. Here are some ideas to help you plan for success. •...... Read More

Hope for first time buyers

If you’ve been saving for a first home over these last few years then you could be forgiven for thinking your efforts were futile, as the property increases seemed to constantly outrun your saving progress. With the average Auckland home sitting...... Read More

How to get a better mortgage deal

Some say the word “mortgage” comes from the old French “mort gaige”, literally “death pledge”. The pledge ends (dies) when either the obligation is fulfilled or the property is taken. A more modern meaning defines mortgage...... Read More

Market subdued

Now that the new government has been established, so ends some of the uncertainty that has haunted the property market over recent times. What remains to be seen is the effect that any new policies concerning housing will have on the market going forward. The...... Read More

Good news for first home buyers

About 12 months ago when the Reserve Bank introduced the loan-to-value ratio (LVR) restrictions, I wrote about how hard it would become for first-time buyers who did not have 20 per cent deposit or KiwiSaver funds to purchase their first home. The changes...... Read More

Back to the 1960s?

This week I attended a financial advisors conference in Auckland where many speakers presented on a range of topics. One of the speakers was the chief economist from a large bank whom I have heard on many occasions over the years. This guy has a very...... Read More

Fixing a muddle for businesses

New Zealanders mostly work in businesses with less than 20 employees. Surprisingly, there are only 5100 or so companies with more than 50 employees. While there are many different forms of entities, including self-employed, companies, trusts and partnerships,...... Read More

Fixing fiscal holes

As I write this edition of Money, the country is about to go to the polls and vote for who should run the country for the next three years. I can’t remember a campaign in the past 20 years or so that has been fixated on just one or two key issues. Where...... Read More

Valuing your build

I thought I’d share with you the process for the valuation requirements from many lenders when you are building or renovating your home. Firstly, to secure the finance for your project, your lender may ask for an ‘as is’ and ‘as...... Read More