This morning The Herald published this article which, in essence, warned of a retail downturn caused by the downturn in the housing market and the recent collapse of finance companies. I’ve also run into some friends recently who have…
When Envestnet acquired banking feeds aggregator Yodlee a year or two ago, many of us suggested it was a strategy to add value on top of the screeds of data that Yodlee scrapes. The announcement of the new Financial…
News this morning that credit rating company Veda Advantage plans to introduce a credit rating system for all New Zealand citizens. The system will; give Kiwis a score from minus 330 to plus 1000. Most people will rate above…
Recently I wrote an opinion piece for Unlimited magazine, extolling the benefits of more financial literacy education for students. I’ve copied the full text of the article below for those who want to read it. The other day I…
Daniel wrote an excellent post around his ideas for a personal finance web engine. His thoughts around this were in part formed around some comments made by Xero CEO Rod Drury about a Xero “personal edition” that they might…
In the past I’ve been one to account some of New Zealand’s economic woes (high consumer spending, high consumer debt, dodgy investing practices et al) to a lack of financial literacy. I’ve posted about it a few times like…
In response to a post by Rod about Telecom’s announced investment in nationwide broadband, the unreasonable men posed the following question; I’ve got a question for you all. What are you going to do with you’re faster broadband? The…
Check this out. BF market cap plummets simply through the sale of $1000 shares. Apparently a number of investors paid for their shares with credit cards. Sheesh – I can’t believe how New Zealanders could go onto an IPO…
Well another one bites the dust. As written about here and here, finance company Bridgecorp has been placed into receivership. Shocking timing seeing it happened the same week that Kiwisaver was launched. There are now 18000 predominately Ma and…
An announcement from Xero today that I’ve known about for awhile but not been able to discuss publicly. From the media release; Online small business accounting software provider Xero (XRO) will launch a personal money manager in early 2010.…
