2022 was a turbulent year for investors. Globally, share markets fell by over 15%, while here in New Zealand KiwiSaver funds fell on average 6% to 10% over 12 months. The big question on everyone’s mind now is what will 2023 bring? Are things going to improve, will it be more of the same, or could it get worse? And what should I do?
Is GST on KiwiSaver fees a stealth wealth tax?
The recent introduction of a taxation bill in Parliament was designed to tidy up aspects of charging GST.
In defence of Reserve Bank governor Adrian Orr
Given the recent berating of Reserve Bank governor Adrian Orr for overstimulating the economy during Covid, leading to raging house...
Simplicity blasts Fletcher Building for lack of Gib
Property developer Simplicity Living says it has cancelled all its orders for Fletcher Building Gib board and is instead directly...
Housing must become the top priority again
Is housing a human right? Sam Stubbs thinks it is.
The worst decision by a New Zealand politician, ever
According to Sam Stubbs, the worst decision ever by a New Zealand politician was made...
Cryptocurrency: Please don't go crypto crazy
There's a belief in financial markets that once taxi drivers start asking you about particular...
Why don’t we get longer fixed-rate mortgages?
The mortgage market is a huge beast.
Can Covid-19 and KiwiSaver help with global warming?
The Covid-19 pandemic has ushered in a new tolerance for governments thinking big.
Compounding Benefit: Simplicity hits 60,000 members and $2.9 billion in funds.
This week, we reached an important milestone.
Why buying a home is still the best investment
A recent meeting of New Zealand's top economists and bankers had them very concerned, again,...
Think share markets are high? Think again
As a KiwiSaver manager, Sam Stubbs' inbox is bombarded with analysts and share brokers picking...
Global economy poised to boom just as it did after Spanish Flu
After the horrors of World War One and the Spanish Flu, the world had a...
Why are floating mortgage rates so expensive?
A floating rate mortgage gives you the flexibility to repay principal at any time.