Search results: Dave Tyrer

How do you define "fair" in the world of banking? Well, some new legislation - launching in 2025 - is about to lay down the ground rules. Here, Squirrel COO, Dave Tyrer, talks through the changes and what they could mean for banks and bank customers.

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.

Read our response to Payments NZ's recent application to the Commerce Commission, seeking an extension of its remit to oversee the development of a further framework to guide the delivery of open banking services in New Zealand.

Do banks price their term investments strategically, to try and tempt you to go for one term over another? Check out what our COO Dave Tyrer has to say about it.

Competition means it can really pay to shop around — and it’s the same deal when it comes to getting the best interest rate on your savings.

Squirrel’s Personal Loan Reserve Fund is about to mark its 8th birthday. And this year, it’s not just a birthday we’re celebrating, but one other very important milestone.

Here at Squirrel, we eat, sleep and breathe cyber-security. That means making sure we’re doing everything we can at our end to keep your money and data safe – and also supporting you to do the same. So what does that look like? Let's dive in.

When you hold money with a bank – be it in a transaction or savings account, or a term investment – it doesn’t just sit there. So, why won’t banks let you choose where your money goes, and are there other options to investing?

We come bearing good news, investors! As of the 21st March 2022, the rate of return across two of our Investment Classes – Home Loans and Construction Loans – has increased by 0.25%.

Due to recent Reserve Bank LVR restrictions coupled with tightened credit criteria from banks in response to the CCCFA regulations, we’re seeing more loans that would have previously been gobbled up by a bank, heading towards non-bank lenders like Squirrel.

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.

Interest rates offered by banks are low as a result of the pandemic. The Government has helped out lots of parts of society, and we’re all grateful for this. Have they helped those reliant on interest income?