29 August 2009
Increasingly, I am running into people who are taking pay cuts in one form or another in the interest of their struggling employers. I am also aware of a number of companies that have trimmed staff incomes, often by 5% - 10%.
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22 Aug 2009: Sorry - this is my third column in a row about real estate commissions. It’s just that readers keep responding. Lately it’s been agents or former agents, letting us in on their secrets.
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25 Jul 2009: Now – with real estate agents hungry for listings - might be a good time for home sellers to negotiate a new way of paying agents.... more
11 Jul 2009: The response to a question in a recent survey bothered me a little. Asked what they would do with a $10,000 cash windfall, 54.3 per cent of the respondents said they would pay off debt or save the money – down from 58.3 per cent three months earlier.... more
5 Jul 2009: Memo to the National Government: Time to learn some investment basics. Here’s an example: You have to invest money to make money. Another is: The price paid for assets dictates the return you get from it in perpetuity. And a third: Borrowing to invest is okay if your returns are higher than your costs. ... more
27 Jun 2009: It’s question time. How would you have answered the following in a recent survey: “Which is generally considered to make you the most money over the next 15 to 20 years: a savings account, range of shares, range of fixed interest investments, or a cheque account?”... more
13 Jun 2009: Mid-June is top up time for many people in KiwiSaver. If you don’t take action in the next week or two, you could miss out on up to a thousand dollars or so from the government.... more
30 May 2009: One aspect of the recent Morningstar report on investors’ experience of managed funds - in which New Zealand came bottom out of 16 countries – got little coverage in the news media. Ironically, it’s about media coverage.... more
RUGBY Blues number eight Hoskins Sotutu is putting any All Blacks test aspirations on hold as he prioritises reviving his Super Rugby side's one-win-five-loss start to the season More...
BUSINESS Seventy jobs have been axed and 16 stores closed - as the Body Shop NZ goes into liquidation More...