Make sure you’re getting your full KiwiSaver tax entitlement Government Tax Credit An important component of any person’s KiwiSaver savings is the contribution that the Government makes each year, referred to as the Government tax credit. If you are aged between the age of 18 and 65 and you personally contribute $1,042.86 in the period […]
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5 Ways to Make Hay While the Sun Shines
New Zealand is like “Godzone” Right Now In an economic sense, things in NZ seem to be progressing at a fast clip. Unemployment is at low levels, mortgage interest rates are at very low levels, inflation is low so the cost of living is not increasing significantly, exports are going well……NZ is a great […]
the Chinese share market crash in perspective and what it means to the rest of the world
By Janet Natta in blog, Chinese Share Market, Investment Bubbles, Janet Natta, KiwiSaver, New Zealand economy
15 July 2015 For the year to 30 June 2015, the Chinese share market has risen 150% However, in the last four weeks, the Chinese share markets have fallen 30%. $3 trillion US dollars in value has been wiped off the share markets. The Chinese share market as it stands today is a relatively young […]
Trans-Tasman Superannuation Fund Transfers – new rules
From 1 July 2013, New Zealanders will be able to transfer their Australian superannuation funds back to New Zealand and into registered Kiwisaver schemes. Similarly, New Zealanders living in Australia will be able to transfer NZ superannuation and Kiwisavers over into Australian superannuation schemes. Currently, Australian self managed superannuation funds (SMSF) are excluded from the […]