New Zealand’s economy is on the mend in July 2025, with GDP growth projected at 1.4% and inflation steady at 2.5%. These conditions create opportunities and challenges for managing your money. Rising prices can erode savings, while economic recovery opens doors for investments. This guide offers practical tips for saving amidst inflation, investing wisely (including…
New Zealand’s business insurance landscape is changing with the Contracts of Insurance Act 2024, effective in 2025. This law modernizes insurance, introduces new disclosure duties, and ensures fair treatment. Stable premiums and increased coverage options benefit businesses, especially those with good claims records. This guide covers the essentials, compliance tips, cost-saving strategies, insurance options, and…
New Zealand’s tax system got a big update in 2025, impacting your paycheck, business finances, and family support. These changes include new personal income tax thresholds, the Investment Boost deduction for businesses, the removal of depreciation deductions for buildings, and updates to the FamilyBoost tax credit. This guide explains each change, shows how it affects…
New Zealand’s financial services sector is getting a major overhaul in 2025. The government is streamlining regulations by repealing parts of the Conduct of Financial Institutions Act and introducing new licensing frameworks under the Financial Markets Conduct Act 2013 (FMC Act). These reforms aim to cut costs for businesses, protect consumers, and improve access to…
New Zealand’s Accident Compensation Corporation (ACC) supports people injured in accidents, covering medical costs and lost income. In 2025, ACC introduced updates to compensation rates, levies, and the claims process. These changes affect claimants, businesses, and motorcyclists. This guide explains the updates, their impact, and how to navigate them, ensuring you get the support you…
New Zealand’s economy is bouncing back, with the International Monetary Fund (IMF) forecasting real GDP growth of 1.4% in 2025 and 2.7% in 2026. Inflation will likely stay within the Reserve Bank of New Zealand’s (RBNZ) 1-3% target band, though a slight uptick is expected in 2025 due to higher import prices and a weaker…
New Zealand’s financial services are getting a major update in 2025. These changes make things simpler for everyoneconsumers, businesses, and people with disabilities or health conditions. The government wants to cut red tape, ensure fair treatment, and help businesses grow. Let’s break down the reforms, their impact, and what they mean for you. Why Are…
Kia ora! Got a side gig in New Zealand? Secondary income, like money from a second job, boosts your earnings but comes with unique tax rules. Using the right secondary tax code ensures you keep more of your take home pay and avoid a surprise tax bill at the tax year end (March 31). This…
Kia ora! Your tax code ensures you pay the right amount of tax in New Zealand. It tells your employer how much tax to deduct from your salary, wages, or benefits. Using the correct tax code prevents surprises like a big tax bill at year-end. This guide explains New Zealand tax codes, how to choose…
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