Banking – Mary Holm https://maryholm.com NZ's most trusted personal finance journalist Sat, 30 May 2026 05:35:54 +0000 en-NZ hourly 1 https://wordpress.org/?v=5.2.21 RNZ Radio 28 May 2026 https://maryholm.com/rnz-radio-28-may-2026/ Thu, 28 May 2026 03:16:50 +0000 https://maryholm.com/?p=12803 Retirement Commission (Te Ara Ahunga Ora) — conference highlights. Stories of financial hardship How financial mentors help — but they’re losing funding How banks are helping Some good news Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. No paywalls or ads — just...

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RNZ Radio 14 May 2026 https://maryholm.com/rnz-radio-14-may-2026/ Thu, 14 May 2026 03:15:55 +0000 https://maryholm.com/?p=12792 What is covered and what not? How to make the most of it Use a higher-risk deposit taker to get more interest? Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. No paywalls or ads — just generous people like you. All Kiwis deserve accurate, unbiased financial guidance. So let&#

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RNZ Radio 16 April 2026 https://maryholm.com/rnz-radio-16-april-2026/ Thu, 16 Apr 2026 03:14:04 +0000 https://maryholm.com/?p=12778 Advantages: Often better interest rate. Frequent access. You won’t get it wrong with all your money! How to set up laddering. Ladder your mortgage. Also — bargain with your bank. Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. No paywalls or ads — just generous people...

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RNZ Radio 18 December 2025 https://maryholm.com/rnz-radio-18-december-2025/ Thu, 18 Dec 2025 02:15:46 +0000 https://maryholm.com/?p=12731 Questions from listeners on this Also a question on whether you can make faster repayments on a fixed term mortgage Listen to the segment below, or click here to read Radio NZ’s summary. You can listen to these sessions as podcasts. Subscribe free to Mary’s RNZ podcast here. No paywalls or ads — just generous people like you. All Kiwis deserve accurate, unbiased financial guidance.

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NZ Herald 15 November 2025 https://maryholm.com/nz-herald-15-november-2025/ Fri, 14 Nov 2025 11:00:13 +0000 https://maryholm.com/?p=12694 Is it time to move out of growth funds? Bank KiwiSaver funds not in compensation scheme Gold v shares? What about costs? Preference shares not an alternative for term deposits QI’m reading a lot about the AI tech stock bubble heading towards bursting and bringing the markets down with it. Now I have always followed your “hold your nerve through the bad time” approach.

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NZ Herald 18 October 2025 https://maryholm.com/nz-herald-18-october-2025/ Fri, 17 Oct 2025 11:00:00 +0000 https://maryholm.com/?p=12673 Retirees plan to sell home, rent, and have fun How compensation works if finance company fails Your KiwiSaver tax rate is checked by Inland Revenue Clarification on tax when you rent out your bach QDo you see anything wrong with this scenario? My wife and I are in our early 70s, with limited savings and a mortgage-free house that is worth around $750,000 in today’s market. So we can do more...

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NZ Herald 11 October 2025 https://maryholm.com/nz-herald-11-october-2025/ Fri, 10 Oct 2025 11:00:03 +0000 https://maryholm.com/?p=12669 Renting out a bach can be complicated Don’t give bank account number to a possible scammer Defining managed, active and passive funds Problems with proving who you are Rare praise for a bank QRenting out a holiday home is not as straightforward as implied in last week’s column. As I’m sure you know, it can incur GST if the turnover goes over the $60,000 threshold, or if you are...

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NZ Herald 4 October 2025 https://maryholm.com/nz-herald-4-october-2025/ Fri, 03 Oct 2025 11:00:21 +0000 https://maryholm.com/?p=12663 A bank account for a couch surfer No, it’s not me! Scam warning Reader excited by recent returns … … While another gets a little bit brave Now retired, we’re selling our rental Is renting out bach a good idea? QI don’t have any million-dollar properties, so this is probably outside of your usual area of expertise. A few years ago I was kicked out of my rental because...

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NZ Herald 27 September 2025 https://maryholm.com/nz-herald-27-september-2025/ Fri, 26 Sep 2025 12:00:42 +0000 https://maryholm.com/?p=12658 Money long ago forgotten Couple in 70s should sell bach and live it up! Avoid dud funds in and out of KiwiSaver Aftermath of a fund closing down Bank acknowledges complaints QI was in business for about 25 years. During that time several people owed me money, either having borrowed it or been told by the courts that they had to pay it. Some debtors were very good at repaying their borrowings.

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NZ Herald 20 September 2025 https://maryholm.com/nz-herald-20-september-2025/ Fri, 19 Sep 2025 12:00:42 +0000 https://maryholm.com/?p=12654 Buying a rental not a good idea for 69-year-old A way for kids’ KiwiSavers to grow fast Fund closures worry a reader Trusts and other depositors covered by compensation scheme Smart device required for this bank account QMy father has never been into the money part. He is 69, a single pensioner in a fully paid for home, and has around $30,000 of savings he’s itching to do something...

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