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19 Apr 2024 18:15
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      Home > News > Business

    An economist says people should be looking beyond real estate for places to invest

    An economist says people should be looking beyond real estate for places to invest


    The Interim Retirement Commissioner's recommending extending KiwiSaver first home withdrawal rules to include investment properties.

    Under the proposed changes, the buyer would no longer have to live in the property they purchase.

    Former Associate Minister of Finance Peter Neilson says there needs to be investment in fast-growing companies in New Zealand.

    He says investment should focus on something that pushes up the value of wages.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: Larger than life
     19 Apr: Households will need to keep spending tight for another year yet
     19 Apr: Experts are forecasting more financial pressure for households, continuing into late next year
     18 Apr: The Reserve Bank may have to make some unpopular decisions
     17 Apr: Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer
     17 Apr: Inflation is slowing, but many New Zealanders are still getting poorer
     Top Stories

    RUGBY RUGBY
    The country's fastest-ever woman, Zoe Hobbs, insists she's ready for the big lights and atmosphere of an Olympics... after being confirmed for her first Games More...

    BUSINESS BUSINESS
    The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem More...


     Today's News

    		 Entertainment:
    Kate Beckinsale has hinted at "tummy troubles" after her recent health issues 18:10

     Basketball:
    The Sydney Kings have signed New Zealand guard Izayah Le'afa on a two-year deal 18:07

     Athletics:
    New Zealand will have a triple jumper at an Olympics this year, for the first time since 1960 in Rome 17:57

     Motorsports:
    Home is where the heart is for New Zealand Supercars driver Andre Heimgartner 17:47

     Entertainment:
    Bethenny Frankel was "relieved" to suffer a miscarriage 17:40

     Rugby:
    The country's fastest-ever woman, Zoe Hobbs, insists she's ready for the big lights and atmosphere of an Olympics... after being confirmed for her first Games 17:37

     Christchurch:
    Part of State Highway One is closed in Canterbury after a crash involving a truck and three cars that's seriously injured at least one person 17:27

     Entertainment:
    Seth MacFarlane has no "good reason" to stop making 'Family Guy' 17:10

     Entertainment:
    Jimmy Fallon used to do stand-up comedy outside a grocery store as he tried everything "to get famous" 16:40

     Rugby League:
    Warriors and Queensland second-rower Kurt Capewell has joined the chorus of support for Wayde Egan to play in rugby league's State of Origin 16:17

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