by Elise Vine | Aug 19, 2021 | Blog
OCR Update The OCR remained at 0.25% yesterday, as expected in light of the current Alert Level 4 lockdown. All indications were that it was going to rise at this announcement, but of course a nationwide lockdown changes things! The Governor indicated that the Reserve...
by Elise Vine | Aug 12, 2021 | Blog
Website updates! Here at Building on Basics we are all about empowering people to understand their finances. As part of that mission, we are adding a Glossary page to our website. We want our website to be an easy place to go for a whole lot of resources around...
by Elise Vine | Aug 4, 2021 | Blog
On Tuesday the Reserve Bank announced that an MoU (Memorandum of Understanding) has been signed with the Minister of Finance regarding a macro-prudential policy. What this means is that along with the tightening of the responsible lending rules that have been...
by Elise Vine | Jul 7, 2021 | Blog
Low interest rates have been drawing people in to taking credit to spend on all sorts of things, which has been great for helping the NZ economy get kick started after the nationwide lockdown last year. The thing that is less talked about is the fact that the debt...
by Elise Vine | Jun 24, 2021 | Blog
Since the changes in March 2021 to the laws governing how financial advice can be provided and by whom, there have been over 680 Financial Advisers that have left the industry. That sounds like a small number. There are a further 500 that are at risk of being...
by Elise Vine | Jun 17, 2021 | Blog
Finance is more than debt management, savings and investments. Insurance and estate planning are also key aspects of your financial security – having a will and power of attorney for your property and wealth, as well as insurance for your things and more...
