FMA Guide to Managed Funds The FMA has published a new guide to managed funds following research suggesting more New Zealanders are considering alternative investments because of low interest rates. An FMA survey of 195 term deposit investors last month found...
Official Cash Rate Decision – 8th May 2019 The official cash rate (OCR) has been reduced to 1.5%. The monetary policy committee has been reviewing slowing global economic growth, which has eased demand for New Zealand’s goods and services. Other central banks...
KiwiSaver Law Changes – Effective from 1st April of 2019 On the 12th of March this year the new Taxation Bill passed its Third Reading in Parliament and will now take effect from the 1st of April this year. The main news here is that the KiwiSaver rules...
Capital Gains Tax – How Might It Impact You? UPDATE: Since this article was written the New Zealand Government on the 17th of April 2019 announced the rejection of the Capital Gain’s Tax (CGT) The tax working group in New Zealand has released its findings and a...
