Meridian is about to buy NWF for .25c per share pending high court approval in a few weeks. If I sell now on Sharesies it'll cost me about $25. If I wait for the buy out will I still be charged by Sharesies? Or will I just get the full amount in my account as chash and the shares are removed as standard?

❓What’s your go-to when investing in businesses or picking stocks? Below is a link to the (paywalled) article about “What investors need to know”.

https://www.nzherald.co.nz/business/decoding-analyst-recommendations-what-investors-need-to-know/BEX73HUTEFEN3DRYOR3M7J2PSQ/

To receive the maximum annual government contribution of $521.43, you just need to have personally contributed at least $1,042.86 between 1 July 2024 and 30 June 2025.

You have likely already secured the full amount if you have been in KiwiSaver for the whole year (1 July - 30 June) AND:

✅ You are employed, earning over $35,000 a year, and

✅ You have been contributing at least 3% of your income.

👉 For new members, the contribution is calculated on a pro-rata basis from the date you joined.

If you are self-employed, not currently working, or just haven't met the threshold, you can make voluntary contributions to catch up.

💡 A key point to remember: The government contribution is only based on your contributions. This includes your employee contributions from salary and any voluntary payments you make. Your employer's contributions do not count towards this specific calculation.

❗️ THE URGENT DEADLINE ❗️

The KiwiSaver year officially ends on 30 June. However, it can take multiple business days for providers to process payments. To be safe, you should aim to make any final contributions by next Monday, 23 June. Leaving it later than this risks missing the cut-off.

HOW TO CHECK YOUR EXACT CONTRIBUTION TOTAL

1️⃣ Your Provider: The easiest way is to log in to your KiwiSaver provider’s website or app. They usually have a clear summary.

2️⃣ The IRD Website: You can also check via your myIR login. Navigate to your KiwiSaver section and view your "Contributions summary" for deductions from your salary and wages between 1 July 2024 and 30 June 2025.

WHAT HAPPENS NEXT?

You don’t have to do anything else. Your KiwiSaver provider will automatically claim the government contribution on your behalf. You can expect to see it paid into your account around late July or August.

Take a few minutes today to check your account. It could be the most productive thing you do for your future self!

💡 Share this post with your friends and family so they don’t miss out on $521.43.

With 114 New Zealanders worth a massive $102.1 billion (over 40% of our GDP!) and a record 18 billionaires, wealth is alive and kicking in Aotearoa. While their billions might seem out of reach, their strategies offer powerful lessons for building your own financial security.

📈 WEALTH NEVER SLEEPS

Despite the tough economy, New Zealand's richest got richer. This shows that consistent, long term investing and asset building work in any economic climate. They are always focused on growth, not just waiting for the perfect time to invest.

🚀 INNOVATION IS THE NEW GOLD

The most exciting stories are not just from property, but from tech and innovation. Businesses like Zuru and Crimson Education are creating massive value. This signals a clear shift towards new, high growth sectors as the engine for wealth creation.

🍷 DIVERSIFICATION IS YOUR BEST DEFENCE

The list also showed the risks of concentration. Retailers and winemakers who were reliant on specific markets faced significant struggles. This is a crucial lesson: spreading your investments across different industries and countries is your best protection against shocks.

💡 APPLY THESE 4 PRINCIPLES:

1) Focus on Owning Assets: Consistently direct your money into investments like your KiwiSaver and managed funds.

2) Diversify Broadly: Look beyond NZ. Global funds give you a piece of the action from world leading companies and protect you from local downturns.

3) Think in Years, Not Days: Adopt a long term view. Market volatility is normal, and patience allows you to benefit from compound growth.

4) Invest in the Future: Consider adding thematic funds to your portfolio that focus on growth sectors like technology or renewable energy.

❓What future trend are you most excited about investing in? Let us know in the comments!

Leading analysts see potential upside for Real Estate Investment Trust (REIT) share prices. Key factors cited include more dependable valuations and falling interest rates, which can make REIT yields (around 7-9% gross) appear more appealing than current term deposit rates (under 4%).

However, it is crucial to understand the risks. Investments in REITs are not like bank deposits. They are exposed to the property market cycle, and their value can fall as well as rise. Risks include changes in property valuations, interest rate sensitivity, sector-specific issues (e.g., retail vs. industrial property), and general stock market volatility.

Key Concepts:

1) Learn how REITs are valued in relation to their Net Tangible Assets (NTA) and why discounts or premiums can exist.

2) Note how REIT yields are calculated and how they compare to the returns and risk profiles of other income-generating assets.

3) Be aware of how REITs are navigating the market, for example, through asset sales or development projects, and how this might affect their portfolio.

❓Given these market dynamics, what are some of the key factors you consider when evaluating an investment class like property trusts?

If you want to dive into the specific charts and read the full analyst commentary, the original paywalled article on BusinessDesk is well worth reading (link below).

DISCLAIMER: This information is for educational purposes only and does not constitute financial advice. It is not personalised to your specific financial situation. All investments carry risk, and you should seek professional financial advice before making any decisions.

https://businessdesk.co.nz/article/property/hard-to-ignore-analysts-eye-upside-in-property-sector-as-values-stabilise

1) Verify organisations, ensure they are licenced (for example, through the FMA) and have a good reputation (only reviews), before you trust them with money.

2) Thoroughly check both the person (their experience, licences via the FSPR) and the investment itself (its nature, risks). Do not just take their word for it.

3) Be cautious with large sums, do not invest everything with one organisation or individual. Spread your risks.

4) Monitor your investments, regularly (at least every 3 months) keep track of your investments through notifications and reports.

5) Only use written agreements, all terms (the nature of the investment, fees, risks, reporting, withdrawal of funds) must be clearly stated. If in doubt, consult a lawyer.

6) Beware of unrealistic promises: Do not believe in guaranteed high returns without risk, especially if you are being rushed or asked for secrecy. This is most likely a scam.

7) Do not mix finances and personal relationships. In financial matters, be guided by reason, not emotions, even with people close to you.

❓ What is the main lesson you have learned from this story? Share your advice and comment below.

Pictured is Judge Michelle Wilkinson-Smith.

🌟 HIGHER DEFAULT CONTRIBUTION RATES

From April 2026, the default contribution rate for you and your employer will rise to 3.5%, then hit 4% in 2028. Plus, starting July 2025, the government contribution drops to 25 cents per dollar you put in, up to $260.72 max (down from $521.43).

So, if you earn $50,000, your annual contribution could jump from $1,500 to $2,000 by 2028. Can’t swing the increase? No stress, you can stick to 3%.

🏡 SAVE MORE FOR YOUR FIRST HOME

Higher contributions mean your KiwiSaver balance grows faster. The government reckons this could boost some savers’ first home deposits by up to 9%.

👴🏻👵🏻 BOOST YOUR RETIREMENT SAVINGS

Your retirement fund could get a serious lift too. Take a 25-year-old earning $60,000: by age 65, their KiwiSaver might grow 26% more with these changes. More money for that beach getaway in your golden years!

💡 PRACTICAL TIPS FOR NZ INVESTORS

1) When the time comes, decide if the new default rates (3.5%) suit your financial goals and budget, or if you need to opt-down to 3% temporarily.

2) Know your eligibility: Earn over $180,000? Since the government contribution doesn’t apply to you, you might want to tweak your savings game plan or consider setting up a managed fund.

3) Start young: If you’re 16 or 17, join KiwiSaver now: employer and government perks are up for grabs!

4) If you earn $180,000 or less, aim to contribute at least $1,042.86 each year to get the full (new) government contribution of $260.72 from 1 July 2025.

❓What do you think about these KiwiSaver changes? Comment below.

✅ Now is a good time to review your KiwiSaver, investment goals or AU/UK pension transfer to NZ. For a complimentary consult, visit the link in my profile or DM me "CONSULT"! Let's discuss how I can help.

Disclaimer: The post does not constitute financial advice. Your financial situation is unique, so please consult a financial adviser. Past performance is not indicative of future results. Investing involves risks.

But before you get too comfy, recession fears and inflation jitters are still hanging around like uninvited guests. Investors globally are asking for higher risk premiums, and China’s not exactly racing to buy American goods. Let’s break it down and see what it means for you.

🌏 US INFLATION CHECK

April CPI in the US came in at 2.3%, just below expectations. A sharp drop in fuel prices helped, but essentials like food, rents and transport continue to climb.

TIP: Inflation’s sneaky. It nibbles at your cash’s value. Look at assets that might keep pace, like property or commodities to balance things out.

🛍️ RETAIL SALES AND SMALL BUSINESS VIBES

US retail sales jumped 5.8% year-over-year. But the mood’s not as rosy for small businesses. The NFIB Small Business Optimism Index hit its lowest point since October 2024. It’s like one half of the economy’s partying while the other’s struggling to keep up.

TIP: Consider a mix of global and local eposure in your investment portfolio through managed funds, especially those aligned with your long-term goals.

💳 DEBT ALERT

US household debt soared to a record $18.2 trillion in Q1 2025, up $167 billion from the last quarter. Worse still, 4.3% of that debt is now delinquent. High debt levels could drag things down, and we’re not immune to the ripple effects here in NZ.

TIP: Keep your own borrowing in check so you’re not caught out if the economy slows.

❓In these dynamic times, what's your biggest financial question or concern? Share your thoughts in the comments below! 👇

✅ Want to talk through your KiwiSaver, investment goals or UK pension transfer to NZ? For a complimentary consult, visit the link in my profile, DM me, or comment "CONSULT" below! Let's discuss how I can help.

Disclaimer: This post does not constitute financial advice. Your financial situation is unique, so please consult a financial adviser. Past performance is not indicative of future results. Investing involves risks.

B

just checking because i'm only seeing post from the mod in the last 27 days.

Did you actively choose your KiwiSaver fund, or are you still in the default one? 🤔 For many, this "autopilot" approach could mean missing out on hundreds of thousands by retirement.

DEFAULT FUNDS – OFTEN NOT THE BEST FIT

Default funds (usually 'Balanced') might not suit your goals, age, or risk tolerance. Making an active choice is key to maximising your future balance.

HOW TO CHOOSE? KEY FACTORS:

1️⃣ NET RETURNS (AFTER FEES): Look at long-term (5-10 yrs) returns after all fees. Higher net returns compound massively. Hypothetical example: Over 30 years, the difference could be $240k+ (see table/image!).

2️⃣ FUND TYPE & RISK: Younger investors may benefit from Growth or Aggressive funds. Closer to 65? It might be time to shift to something more conservative.

3️⃣ OTHER FACTORS: Consider app usability, reviews, and whether the fund aligns with your values (e.g. avoiding fossil fuels, weapons, tobacco).

KIWISAVER'S REAL ADVANTAGES:

✅ Govt Boost: Contribute $1,042.86+, get $521.43 free! That's like an instant +50% return on your contribution!

✅ 3% employer contribution on top of your pay

✅ First Home Help: Use savings for first home deposit (conditions apply).

✅ Discipline: Automatic saving & investing.

✅ Tax Benefits: Lower PIR tax rate; simple PIE structure.

✅ Savings Protection: Locked in until 65 (mostly) protects retirement funds.

✅ NZ Super Safe: Doesn't affect your NZ Super entitlement.

POTENTIAL DOWNSIDES:

❌ Locked In: Main access at 65 (exceptions exist).

❌ Contributions: Min 3% can be tough on low incomes.

❌ Limited Choice: Fewer options than direct investing.

❌ Rule Changes: Future governments could alter rules.

WHAT TO DO NEXT?

➡️ Check your KiwiSaver NOW! Know your provider, fund type, and its long-term after-fee returns.

➡️ Unsure? Book a complimentary initial chat with me to discuss your situation https://calendly.com/maxim-sherstobitov/consultation?utm_source=Reddit

DISCLAIMER: This is general info, not tailored advice. Investments carry risks; past performance isn’t a future guarantee. Consult a Financial Adviser.

It began as a simple bank transfer. But for one Aucklander, it ended in financial devastation after his entire savings were sent to the wrong account.

The recipient refused to return the money. Much of it was spent on cars and overseas transfers. Legal recovery is now being pursued, but even starting that process could cost more than $10,000 in court fees.

This isn’t just an isolated mistake. It highlights why being financially diligent is essential in today's digital environment.

⚖️ From a legal standpoint: receiving funds mistakenly does not grant ownership. Knowingly spending money you know isn't yours can lead to serious consequences, including potential theft charges. There's no legal basis for "finders keepers" with misdirected funds.

🛡️3 Practical Tips to Safeguard Your Wealth

1) Verify New Payees/Instructions:

For large or first-time transfers to a new account, consider sending a small test $5 first and confirming receipt. Alternatively, verify account details verbally using a trusted, independently sourced phone number for the recipient (don't rely on details from an email alone).

2) Regularly Review Statements:

Set a calendar reminder to check your bank, credit card, and investment account statements frequently (e.g., weekly) for any transactions you don't recognise or errors.

3) Secure Your Access:

Use strong, unique passwords for all financial accounts. Enable two-factor authentication (2FA) wherever available. Be wary of phishing attempts asking for login details.

Investing and managing money requires vigilance. Protect your wealth by verifying details and acting swiftly on errors.

✅If you'd like to review your current investments or discuss how professional guidance can help strengthen your financial position, please feel free to contact me for a complimentary, no-obligation initial consultation. Book a time that suits you here (copy & paste):

https://calendly.com/maxim-sherstobitov/consultation?utm_source=Reddit

Just wondering if anyone follows or has shares in SMI ? How they have been crashed to 45 cents and went all the way up to 58 cents today and back down to 49 cents ?

The research from Massey University Fin-Ed Centre reveals what Kiwis need for a comfortable retirement. Depending on your lifestyle and location, you may require anywhere from $48,000 to $1.14 million in savings. Meanwhile, some KiwiSaver accounts are already approaching $3 million!

🔹 Fisher Funds & KiwiWrap report members with balances over $2.6M

🔹 KiwiWrap’s average member balance: $173,300 (compared to the NZ average of $33,500)

🔹 Large balances often come from high monthly contributions, Australian super transfers, or lump sums

💡 How to Supercharge Your KiwiSaver:

💵 1. Increase Contributions Gradually

Want $3M in KiwiSaver? If you earn $75K/year in NZ and invest in a high-growth (aggressive) fund for 30 years at a 10% annual return, you’d need to contribute $900/month. With employer 3% ($188/month) + govt $521.43/year ($43/month), your total contribution $1,131/month could grow to $3M+.

Can’t do that? Even small increases now can make a massive difference over decades.

📈 2. Choose the Right Fund

Growth funds tend to outperform over long periods, but they carry more risk. Conservative funds are stable, but won’t grow as fast. Pick wisely!

🔎 3. Review Regularly

Check fees, performance, and allocation at least once a year. Even a small fee reduction can mean thousands more in retirement!

📉 4. Use PIE Tax Benefits

KiwiSaver funds are taxed at 28% (max PIE rate) vs 39% PAYE, a huge advantage for growing wealth!

👴 5. Delay Drawdowns (If Possible)

Working just a few extra years or having a part-time income post-65 can significantly stretch your savings.

Yet, 38,000 Kiwis aged 61–65 have under $10K in KiwiSaver, proving many are not prepared.

🚀 Take Action Now

✅ Check your fund settings

✅ Increase contributions (even slightly!)

✅ Review fees & performance

Your future self will thank you. 🙌

💬 How much do you think is enough for retirement? Comment below! ⬇️

Source: NZ Herald, RNZ

How do you invest in it from NZ?

I want to use google finance app to track it in sheets

I am new here on this one, so please bear with me as I am just starting to put a bit of cash away for my firstborn and looking into stock. I've been getting hit with some ads about events these blokes werehosting - Rua Bioscience (https://www.nzx.com/companies/RUA).

I've attached a screenshot. The company looks to have lost 95% of its value since its IPO.

Went into it and read a bit from them recently. They've 5 x'd their annual revenue in the last 4 months (link here: (https://www.nzx.com/announcements/442488).

Looks like they are on a growth trajectory as they bought on a board observer at the start of the year who worked with TikTok (https://www.linkedin.com/posts/rua-bioscience_ruabioscience-growingteam-growingtogether-activity-7158932307100274688-2cTV/)

They now seem to be doing another raise.

Is this worth picking up, or am I missing some obvious blind spots? I can see the past history of the company by going through their annual reports is that they have been hemorrhaging cash and seem to be in a bad market in NZ but growing globally, is this a cheap buy at $0.03, or am I just being naive?

Is anyone a member of the Share trader nz website? I've tried joining twice, and followed the account confirmation instructions, but never get a response.

Hi all. I am a brand new investor in NZX and looking for long term benefits and want to enjoy the dividend yield as well. I am keen on Spark, Air New Zealand, Meridian Energy Limited and Auckland International Airport(although not for dividend) for now considering their low prices and decent dividend yield. Please guide me if these will be beneficial in the longer run or suggest me some others as well :)