Market & Portfolio Update - August 2022
Central bankers from around the world met during August at the annual ‘Jackson Hole Symposium’ in the USA. Central banks, like the Reserve Bank of New Zealand (RBNZ), play an important role in guiding the various economies around the world as they battle inflation, so this event was an opportunity to discuss the challenges they’re facing and reiterate their commitment to getting inflation back under control. This came only one week after the RBNZ updated its own monetary policy, raising the OCR from 2.50% to 3.00%.
Unlocking Financial Harmony: Navigating the Symphony of Life with Mindfulness
In the hustle and bustle of daily life, the concept of mindfulness often finds its place in discussions about mental health and stress reduction. However, its impact on financial wellbeing is a hidden gem worth exploring.
Research from the New Zealand Retirement Commission’s Money Matters 2025: The Power of Emergency Savings report highlights growing financial pressure among New Zealanders. The findings show that 56% of participants feel financially uncomfortable, while only 44% report feeling financially comfortable. Financial concerns are also increasing on a year-on-year basis, with 42% of people worried about managing finances from pay to pay this year, compared with 40% last year.
9 Financial Habits Of Successful People
Discover the secrets to financial success as we delve into the nine key habits practiced by prosperous individuals. From continuous learning and strategic investment to smart spending and insurance protection, this article offers invaluable insights to empower you on your journey towards financial freedom.