filthy lucre. Root of all evil. Can’t buy happiness. At least since biblical
times, the role of money in contributing to our wellbeing has been much
maligned. But the fact is, having enough financial resources has a material
positive impact on life satisfaction and wellbeing.
By Angie Mentis, Managing Director & CEO at Bank of New Zealand
It’s Scam Savvy Week, and I’m really excited to see BNZers all around the country supporting their communities in our branches, at malls, business associations, rest homes, Citizens Advice Bureaus, Parliament, libraries, police stations, RSAs, as well as our Partners Centres – to help make more New Zealanders Scam Savvy.
Markets around the world have seen record
highs, large falls, and steep recoveries over the past 18 months. But depending
on your choice of investment fund, you may have experienced a roller-coaster of
returns, or a sedate paddle-boat ride. It all depends on the ‘risk’ of the fund
The twelve-month period up until 31 March 2019 was an interesting time for investment markets. Overall it was a strong period, but there was a general increase in ups and downs – also known as market volatility, particularly in comparison to the year before. Here’s a look back at the year and what we could expect in the year ahead.
How New Zealand employers run their payroll is about to change in a big
way. From 1 April 2019, businesses will be required to submit employee
information to Inland Revenue on payday, rather than on the 20th of
each month as they’ve previously been doing. This change is part of a bigger
play by IRD, which is designed to make it easier for New Zealanders to stay on
top of their tax obligations.
Many KiwiSaver investors may have seen their balances take a dip recently on the back of some sharp ups and downs (with more downs than ups) across global markets. But really, this type of market movement is what we expect to see. KiwiSaver is a long-term savings option which means weathering difficult periods is part of the design rather than a flaw. What’s important is for members to keep their goals and objectives in mind and to choose an appropriate fund to suit. Continue reading…
By BNZ Head of Wealth & Private Bank, Donna Nicolof
KiwiSaver should be a key part of New Zealanders’ retirement planning. Because of how vital it is, we have put a huge emphasis on making sure the BNZ KiwiSaver Scheme is as good as it can be. This approach was recently given the tick by our customers with ConsumerNZ awarding us their People’s Choice Award for the second year running. Continue reading…
International Women’s Day gives us the opportunity to not simply talk about gender equality, but to act on it too.
This year is 125 years since New Zealand women got the right to vote. Given that fact, it is simply not acceptable that experts are estimating that gender parity another 186 years away. That’s six generations.
Today we have the chance to act. Forget the year 2186 for gender equity. Think 2020. That’s our commitment. BNZ will achieve gender equality across all levels of our organisation by 2020. Continue reading…
In the light of Māori Language Week, Cath Lomax, BNZ’s Head of Diversity & Inclusion, shares her personal experiences around Te Reo and how the Māori culture is brought to life at BNZ.
With Māori Language Week coming up I thought it would be an interesting exercise to see how many Māori words my kids could come up with. They started off pretty well covering all the basics, and then the competitiveness came out with them counting up to 100.
It seems so natural for our kids to be learning and speaking some Māori at school now, although I wish even more was being done. Continue reading…