KiwiSaver underperforming compared to Aussie counterpart   According to a recent report by KiwiSaver, there are notable disparities in performance when comparing the New Zealand-based retirement savings system to the Australian Superannuation system. KiwiSaver, a unique New Zealand institution, has been shown to underperform in comparison to Australia’s Super system. A recent exclusive report by…

New Zealand’s ANZ Bank to Increase Home Loan Rates Ahead of RBNZ OCR Review   Wellington, October 25, 2023 – One of New Zealand’s largest banks, ANZ, has announced measures to raise home loan rates in anticipation of the upcoming review of the Official Cash Rate (OCR) by the Reserve Bank of New Zealand (RBNZ)….

Far North, Karikari Beach Sand Dunes: Escalating Land Ownership and Maori Tribe Dispute   In the northern reaches of Far North, tensions are on the rise as a dispute between landowners and local Maori tribes intensifies over access to the sand dunes of Karikari Beach. The subtribes of the Ngāti Kahu Maori tribe, Whānau Moana…

New Zealand Faces Decrease in Chinese Exports   New Zealand’s exports to China, which had reached a substantial annual value of $19.7 billion until September, are showing a recent decline. According to the latest trade trends data from the Statistics Bureau, New Zealand’s exports to China accounted for 27% of the total annual goods exports…