While industries such as tourism and hospitality will be worst hit by the pandemic, Hawke's Bay's main economic industries are still able to continue in some form or another in a strong capacity in the near to long future.
A Te Mata Coleraine Vertical of 32 vintages (1982–2016) donated by Stewart Group to HB Wine Auction 2018 fetches $19,000!
A "one of a kind" collection of a vertical lot collection of 32 vintages of the globally acclaimed Te Mata Estate Coleraine, donated by the Hastings-based Stewart family, went under the hammer at a pre-tasting event ahead of the annual Hawke's Bay Wine Auction next month.
In Money Week, let's talk about financial resilience
"Resilience" tends to be defined as flourishing despite adversity or bouncing back quickly from difficult situations. Financial resilience is often considered as simply ensuring an emergency cash fund is available to cover against unforeseen expenses.
Let World Cup teach you investment lessons
Belgium, France, England, or Croatia? Which football team are you betting on this World Cup? If you are a stock investor and an avid football fan, the soccer field can be a good place for a few investment lessons.
The wine lover's guide to investing
Just as winemakers don't have any say over the weather, investment managers can't control the markets. Savouring a vintage wine is one of life's great pleasures. But often overlooked in the joy of consumption is the carefully calibrated journey from grape to glass. Similar levels of care are critical to good investment outcomes.
… as Aussie dealer group head issues repeat warning on FSLAB
“Quite a lot of (FSLAB) is similar to what we experienced across the ditch,” Mancell told a group of NZ advisers last week. “You should be cautious about the legislation coming your way.”
Which hat are you wearing?
Most of us have multiple roles — as business owners, professionals, workers, consumers, citizens, students, parents, and investors. So, our views of the world can differ according to whatever hat we're wearing at any one time.
Rainy-day Investing
Like farmers planning a harvest, investors pinning their expectations on statements about arithmetical "average" investment returns can be disappointed. As with rainfall, market returns are rarely evenly distributed either across time or place.
The future of data in financial advice
The ongoing revelations about how Cambridge Analytica exploited Facebook to harvest millions of profiles have laid bare the seeming lack of control we have over our own data.
Protect your business against the unexpected
A business is only as good as its people.Although you may have implemented plans to protect your buildings and equipment, it's important you don't forget about protecting one of your most important assets - your people.
Will I run out of money in retirement?
Bill Gates wisely pointed out that "most people overestimate what they can do in one year and underestimate what they can do in 10 years".
Seven simple lessons on volatility
Renewed volatility in markets has awoken the investors from summertime slumber.
News directors drag out dated file footage of frantic traders and summon talking-head experts to explain what it all means. Well, what does it mean? More importantly, does it matter?
Advisory firms law changes look like Aussie model
Smaller advice firms in New Zealand could find the new legislative regime is harder to deal with than they expect if the Australian experience is anything to go by. The Financial Markets Authority has indicated that it will allow the requirements of licensing to be tailored to fit the needs of smaller firms.
Booster boosts fund options, tweaks settings
The balanced fund joins its Asset Class growth and conservative siblings, which are ultimately managed by US factor-based investment house Dimensional Fund Advisors.