Forward Thinking
Financial Advice

What happens if a business owner dies, becomes disabled, or has a major health trauma? You may have built a dream team in your business – but sometimes life has other plans. You (probably) don't want to end up in business with your business partner’s wife or estate if the worst were to happen!

In a move eagerly awaited by New Zealand homeowners, the RBNZ has cut the OCR by 0.25%. This decision starts a likely gradual drop in interest rates over the next few years. It will bring relief to mortgage lending rates for Kiwis nationwide.

This blog will explore what DTI ratios are, how they impact your borrowing power, and what came into force 1 July 2024 as well as frequently asked questions we think will help you plan your next home loan or investment property purchase.

6 things you need to know about your mortgage pre-approval Letter of Offer.

A will is one of life’s essential legal documents people need to consider. To protect your hard-earned assets and provide for loved ones, having a will gives you peace of mind. The law is inflexible about what happens to your possessions if you die without one.

The Reserve Bank (RBNZ) is overhauling the criteria for mortgage lending in New Zealand. It plans to put in place debt-to-income ratios (DTI) by the middle of 2024. The goal is to cut risks to financial stability, and support sustainable house price growth. Most banks have already rolled out the changes to Mortgage Brokers.

Associate Finance Minister David Seymour has announced the Coalition Government’s final plans they have been working since the election. He said in a statement this week (March 10th 2024). Landlords can claim 80% of their interest expenses from April 1, 2024. They can claim 100 percent from April 1, 2025, onwards.

KiwiSaver is a voluntary savings scheme in New Zealand. Individuals can use it to save for their retirement. If you have been contributing to KiwiSaver for at least three years, you may be eligible to withdraw your savings in certain circumstances. In this article, we will study the different ways you can withdraw your KiwiSaver.

Traditionally, in January, we look at our current position. We make big decisions about what to change in the upcoming year. Whether our goal was to lose weight, pay off the mortgage or increase our retirement savings unfortunately, we sometimes falter by February. There are strategies that actually work to enhance our chances of success.

Set yourself up for success, before you start shortlisting properties and planning what you’ll do with your quarter acre. Seek out experts and accept help. In fact, we're here to guide and plan your homeownership journey right from the moment you start your career! “When you align all actions to a single outcome, and you keep working at it, your success will look effortless and obvious to the outside.”