Don’t miss out on the ‘free five hundy,’ KiwiSavers!

Get a head start now and be sure not to miss out on a ‘free five hundy’ next year. BNZ has this life hack sorted for you.

Did you know there’s an incentive put in place by Government that basically means you could receive up to $521.43 a year just for contributing to your KiwiSaver account? It’s called the KiwiSaver Member Tax Credit (MTC). Here’s the deal: Continue reading…

The buyers are back: Auckland’s housing market

Last month I wrote about the way in which data for Auckland were suggesting that the pause in Auckland’s housing market following the October introduction of an IRD number requirement had ended. The March data confirm this. After rising on average by 5.5% in February Auckland sales prices rose another 4.3% in March. Sales were down 12% from March 2015 and this goes to show that what caused the pause was not sellers placing properties on the market but buyers holding off. Now they are back. Continue reading…

Data crunch: An update on Auckland’s housing market

There are many statistics which get thrown around regarding the Auckland housing market. Personally speaking, as a macroeconomist, I ignore the data broken down by suburb though for many people that is the most important information. Instead I look at numbers for the city as a whole. My preference is the REINZ dataset which is more up to date than the Core Logic/QVNZ information. Continue reading…

Do I really have to network?

You’ve probably heard it said that networking is an essential art to master for any small business owner in search of success. However, actually getting out there and doing it is often easier said than done. Where do you start? How should you prepare? What’s the etiquette? There are dozens, if not hundreds of specialised networking groups all around New Zealand. Some have specific areas of interest, while others are broader. Some are free and some require paid membership. It can all be a bit confusing. Continue reading…