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Inflation basically means your dollar will not go as far today as it did yesterday. Inflation erodes purchasing power. Inflation can be especially tough for people on lower and fixed incomes. For the better off, inflation means cuts to discretionary expenditure....

Life insurance tends to be one of those ‘adult’ things that people consider as they get older, but never know if they need it or not. Life is unpredictable and death unavoidable, but for some people, there’s more at stake. So, is life insurance a price burden or a...

For years, the country’s housing market has been on a seemingly unstoppable upward trajectory, and despite initial predictions, the pandemic’s arrival arguably only added fuel to the fire. Now, with rising inflation, property owners and first-home buyers are starting...

As much as we would like to be able to, there is precious little our team of mortgage brokers at Global Finance can do about rising interest rates. Working out ways to deal with increases in interest rates on your home mortgage, however, is something we can help you...

When buying a home in New Zealand, there are lots of decisions you’ll need to make and possibly the most important is whether to buy a new home or buy an older one. The idea of a brand-new home with shiny new fixtures, lovely new flooring, great layout, heaps of...

Alongside all the excitement that comes with purchasing a new home (especially for first-home buyers), there’s a long to-do list that needs ticking off. Taking out insurance is usually near the top, like house and contents insurance that gives homeowners protection...

Property investment 2022: the housing market is on the move When it comes to property investment, things can change fast – and this year, we’re seeing that in real-time. Since late 2021, interest rates and inflation have been on the rise along with new lending rules,...

More than 70% of mortgage terms are due to be refixed this year, but many homeowners are choosing to break early, switching their low fixed rate for a higher one. This may seem counterintuitive – why would you spend more before you have to? The short answer is...

Life insurance is one of those things you check off on your way to becoming a responsible adult, especially as you get married and start a family. In the event of your untimely death, there’s peace of mind knowing your family can pay the mortgage without taking on...

As of February 2022, the pandemic has caused more than 5.59 million deaths across the world. It’s also contributed to an increase in mortality rates and a decrease in life expectancy worldwide. As a result, the life insurance industry has paid out much more than its...

Secure a home loan with a 10% deposit While it might look all doom and gloom for mortgage rates and lending requirements in the current economic climate, don’t throw buying your first home into the too-hard basket just yet. A bank’s appetite to lend depends on several...

Sound financial advice with everything in-between I think it’s time to talk about the reasons a loan can differ and your experience in reaching your financial goals. It also matters incredibly from whom you seek financial advice. If you do your research, you will find...

When it comes to insurance, ‘full medical disclosure’ can make or break a claim. Disclosure requirements are commonly misunderstood and one of the leading reasons why insurance claims are denied. Our Global Finance expert insurance brokers are here to help you...

Throughout 2021, there were more than 90,000 additional insurance policies taken out in New Zealand, most likely triggered by the global pandemic. More people being protected is always a great thing but, alongside this positive new trend, there seems to be a common...

Getting your business loan sorted the right way With unpredictability looming in the current financial markets, now could be a great opportunity to venture out. Did you know that 97% of all New Zealand businesses are comprised of SME’s according to Stats NZ as of Feb...

Being unwell or having a previous medical condition can often be a concern for people taking out life insurance, but pre-existing conditions are not always excluded by life and health insurance providers. Usually, we can still offer you health insurance cover. Each...

New Zealanders who get help from a mortgage adviser are more likely to own a home and to pay less for it in the long run, according to a survey carried out by CoreData Research. A 2021 survey of 2,000 people found that 65 per cent of people who had sought the advice...

Escalating prices and critical shortages of materials have left some new home buyers without the homes they thought they had already. Increasingly, builders citing pandemic-related material cost hikes, inflation and worker shortages are using clauses in their...