Market & Portfolio Update - October 2020
New Zealand shares were up over October with electricity generators bouncing back after the Government suggested more support around the Tiwai Aluminium Smelter, which consumes 30% of electricity in NZ.
Australian shares were down a touch over the month as tensions with China escalated further which has been an ongoing back and forth between the two countries over the past three years.
Global bonds were down (yields rose) through October as calls for more fiscal stimulus gained traction putting upward pressure on yields with the prospect of more government bond supply to come. We remain a little cautious on the outlook for rising interest rates, and have recently increased our allocation to inflation linked bonds to provide a degree of protection against a potential rise in inflation as economic growth gradually picks up.
Using Your Home to Grow Your Wealth: How to Leverage Equity to Buy a Rental
You have worked hard to buy your home. Paid the mortgage, watched the value rise, and chipped away at the balance over time. Now you might be wondering: can this be the foundation for something more?
If you have built up equity in your home, the answer might be yes.
Market & Portfolio Update - July 2025
The global share market (represented by the MSCI World Gross Index) was up +4.2% in NZ dollar terms in July as the Trump administration finalised several trade agreements, including with Vietnam, Japan and the EU. Although these new tariff rates are significantly higher than the average rate before Trump’s presidency, equity markets responded positively to the fact that the new agreements reduce the risk of an escalating trade war.