Starting 1st April 2024, the income tax rates for Trusts in New Zealand is changing from 33% to 39%. Here's what you need to know about the change.
If you've been working hard to get to that 20% house deposit, you'll want to make sure your savings are working as hard as possible, to get you into your first home even faster.
We sat down with Squirrel Chief Operating Officer, Dave Tyrer, to get his answers to the top 20 questions we get most often from investors on our platform.
When I’m chatting with new investors, I always make a point of talking through the secondary market. At a high level, it performs incredibly well for investors who are looking to cash out some or all of their investments.
There’s no doubt about it – the mortgage landscape has changed. Credit markets are tightening and rates have started to go up. So here’s the low down to help you make better decisions, whether that’s to borrow more or pay the mortgage off faster.
As we’ve noted for some time there are some big forces in play that are increasingly changing the way our economies work. None more so than the rise of technology and in particular, robots and artificial intelligence.
The reality is that the industry is looking to mortgage margins to restore profitability from a tough 2016.
With the Reserve Bank LVR changes (and generally below par rental yields) now is the time for investors to be looking at ways to maximise their existing portfolio and increasing its return where buying more properties is not an option.
We have just launched Squirrel Money which is a new peer-to-peer lending platform. It's early days and we know we have a hard journey ahead of us.
With interest rates (and rental yields) trending ever lower the opportunity to get a return of over 8.00% p.a. should be taken seriously.
After almost a year of IT development and scurrying about Squirrel Money has been licensed by the FMA to be a peer-to-peer lender.