Archive of: Kiwisaver
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Kiwisaver as deposit for first home posted October 19, 2011
Lately, more and more clients have been approaching us hoping to use their Kiwisaver money as part or all of their deposit for a first home purchase. Which is really great to see. But often, they are confused as to what they can access. If you want to use Kiwisaver money as your deposit, there [...]
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December round up posted May 15, 2011
As 2010 limps to a close I’m sure many of you will join with me in letting out a collective ‘thank god for that!’ We’ve had some highlights this year but overall I have to admit it has been a tough one for anyone involved in the property business. Economically the country has been under [...]
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$18,000 house deposit – thanks Kiwisaver! posted May 15, 2011
I’ll cut straight to it – if you’re not in Kiwisaver yet (or an equivalent scheme), somethings wrong with you. Although thousands of people have signed up there is still a group of people who seem paranoid about getting into it. In terms of simplicity it’s a good scheme. That a heap of people who [...]
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Make your tax cut work for you posted May 15, 2011
From the 1st of October every income earner in NZ gets a pay rise thanks to a reduction in tax rates. At the same time GST is on the increase but the government reckon the overall effect is that nearly everyone will have a few more dollars in their pocket each week. The table below [...]
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Spray ‘n’ Wipe, bleach and a financial spring clean posted May 15, 2011
On Sunday morning I nearly poisoned myself with spray n wipe and bleach. No, life is not that bad but with the first day of spring behind us I couldn’t stand the accumulating dust or the mould on the window sills any longer. I just snapped and had to clean it. My financial affairs came [...]
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Govt dishes out subsidy to first home buyers posted May 13, 2011
On the 1st July 2010 something happened which could forever change the way Kiwi’s get into their first house. Like most people, I bet you missed it. The big news? If you’re wanting to buy your first home and you’ve been in Kiwisaver for three years (ie since 1 July 2007) then you could get [...]
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