Why am I not wealthy?
4 July 2017 –
Many people ask this question of themselves. Often they are hard-working, well-educated, high-income people. Why, then, are so few of them ‘affluent’? Some of the answers to this intriguing question are contained in the book The Millionaire Next Door by Stanley and Danko. We... Read more
New Zealanders ranked fifth richest people in the world
2 February 2017 –
2016 saw New Zealand named the world’s best place to live as ranked by the Legatum Prosperity Index. This has now been followed by the Credit Suisse Global Wealth Report that ranks New Zealanders the fifth richest people in the world.
New Zealand has leapfrogged the UK, Singapore and Belgium... Read more
The changing face of our money
27 February 2015 –
Our physical money is undergoing a change with two projects currently underway.
Brighter money/Banknote upgrade project
New Zealand’s banknotes are being upgraded. The key aim of the project is to benefit from technological advances in security features.
The new notes will be the same... Read more
Getting the best exchange rate
5 August 2014 –
It is one thing to pay extra for a fancy meal at a top restaurant, but paying more than you need to exchange currency is a total waste of your hard earned money. Currency conversion or foreign exchange is big business for banks and they make big money from it, especially from those trusting... Read more
Is our dollar at the crossroads?
21 July 2014 –
Mid-2014 saw the New Zealand dollar (NZ$) hovering around post-float highs. In recent years, the dollar has appeared to defy gravity and go from strength to strength. This has been great for those consumers who purchase imported goods or who wish to travel overseas - their purchases have become... Read more
