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Controversial commissions paid by financial institutions to investment advisers for promoting their products will be abolished voluntarily before the government regulates them, an industry body says. Investment Savings and Insurance Association chief executive Vance Arkinstall said under a new regime investment houses, banks and [...]

Did You Know »

Today the average house price in NZ is $350,000 compared to $6,639 in 1960. Today the average wage in NZ is $41,000 per annum or approximately $791 per week or $19.79 per hour. So what does this mean if you are looking at buying a house. It means this... to buy the average house in NZ if you are on the average wage in NZ you would need to [...]