Tesla has delighted investors and stunned rivals with its meteoric rise to the top of the car industry. With the right Kiwisaver fund, New Zealanders have the chance to back a winning and renewable horse, writes Pathfinder CEO John Berry. Tesla’s share price is three times higher than at the start of this year. With … Read more
Retail investors should invest in companies that have paid out dividends, been ahead of new trends or been able to push pause during the Covid-19 crisis, reports Dan Brunskill for BusinessDesk. Picking the next round of gains is a difficult challenge in a market that has been reordered by the pandemic, but humanity’s ability to … Read more
From early beginnings as a boutique wealth management firm to being a major player in KiwiSaver, the journey of Kiwi Wealth has seen some things change and others stay the same. Alex Braae charts their history. A very simple sign once hung at Kiwi Wealth, the wealth management firm that emerged out of Gareth Morgan … Read more
It’s entirely possible to save a million dollars in your KiwiSaver account if you start early and follow a few basic rules, writes Martin Hawes. Over the coming years, we are going to have a new breed of millionaire: KiwiSaver millionaires. Who knows, you might be living next door to one. Currently, there are a … Read more
Spark ramps up its Internet of Things (IoT) network with a leading investment in Kiwi tech company Parkable. Auckland-based startup Parkable has raised more than $4.6 million in its first funding round led by telecommunications giant Spark. The funds will be used to increase Parkable’s international expansion and continue developing its technology and product. Currently, the … Read more
Over 2.8 million New Zealanders are signed up for Kiwisaver, but not many are aware of where that money is going. Weaponry, fossil fuels and gambling services are all being invested in from some of the most popular funds, and a new charity tool is making it one step easier to change what you’re investing … Read more
Business is Boring is a weekly podcast series presented by The Spinoff in association with Callaghan Innovation. Host Simon Pound speaks with innovators and commentators focused on the future of New Zealand, with the interview available as both audio and a transcribed excerpt. This week he talks to John Henderson, a partner at one of … Read more
Panicking and changing KiwiSaver funds when the market goes through a bad patch is precisely the wrong thing to do, writes Martin Hawes. Annual KiwiSaver statements are hitting people’s inboxes about now, and there may be a few gasps from those who don’t generally pay much attention to the business news. Thanks to turbulence on … Read more
If commentators are reading the tea leaves right, the government is gearing up to put its money where its mouth is and help businesses caught in New Zealand’s infamous funding gap. Lisa Friis doesn’t strike you as the sort of woman who needs help getting in front of potential investors. Tall, with a stylish blonde … Read more
Allowing overseas money to pour in and fill the gap left by a dearth of New Zealand investors is robbing us of employment opportunities and valuable tax revenue, Bill O’Boyle writes. Anyone who’s spent time around the Kiwi startup scene knows that one of the biggest challenges facing our fledgling businesses is the dreaded ‘funding … Read more
Savers around the country let out a collective ‘shit!’ this week as KiwiSaver balances took a plunge across the board. What happened, and is this the end of your retirement dream? Reddit user /u/Muter explains. My money is disappearing? What happened to it! Before getting into this, it’s important to understand KiwiSaver and the investment … Read more
Financial adviser Mike Warrington is warning his clients that investment properties are no longer the great little earners they once were. What does this mean for renters? Rental property investment is progressively being defined by our regulators as a commercial activity and as a result, will be impacted more heavily by future costs. In due … Read more
The Financial Markets Authority has launched an interactive tool that let’s you access, and compare, basic fund information. Rebecca Stevenson extracts herself from KiwiSaver ennui to take a look at the numbers. I have a confession. I have a KiwiSaver, and yet for the first two years or so I didn’t realise I had it. … Read more
Investors are increasingly taking more power over how and what their KiwiSaver funds are doing. Today, the Financial Markets Authority’s Paul Gregory introduces their KiwiSaver Tracker, which gives investors a clearer picture of what providers are really offering. At 25 years old, 65 can seem like a lifetime away – why save when you can spend … Read more
Priced out of the housing market? Don’t lose heart. In the third part of a series on alternatives to property investment for ‘Generation Rent’, Jenée Tibshraeny looks at managed funds. They’ll cost you more in fees than their index-tracking equivalents, but are the returns worth it? How can you be confident about investing in financial … Read more
About $100 million has been pledged to a new Iwi/Māori Direct Investment Fund. The NZ Super Fund’s Tama Potaka explains the ‘mahi tahi’ behind the initiative, which has received indicative commitments from over 35 iwi and Māori groups. With more than $15 billion of assets and investments currently under management by Māori collectives, and the … Read more
Priced out of the housing market? Don’t lose heart. In the second part of a series on alternatives to property investment for ‘Generation Rent’, Jenée Tibshraeny explains the benefits of passive investment and offers a comprehensive guide to the available options. This story has been updated since it was first published on interest.co.nz in June. … Read more