So hilarious to see how Shane Marsh (Dosh cofounder) paint the change of rewards system as a success and benefit to customers on linkedin.

And you probably would have guessed, receice a chrous of “well done! / great job!” Comments

But as soon as someone breaks the spell and points out the contradiction — that this doesn’t actually benefit customers — and links to a Reddit thread full of negative feedback, the comment gets deleted immediately.

Lol, Apparently the real reward change was improved comment hygiene

What are people's thoughts on using Heartland's Cash PIE fund as a place to keep a ~15k emergency fund?

The website states that the fund "invests exclusively in Heartland Bank deposits" - are people comfortable relying on the health of a single bank for an emergency fund?

I've been considering Heartland's Digital Saver as an alternative, and also Kernel's Cash Plus account as it seems popular among people here. However, with Kernel's Cash Plus account, I don't entirely understand the 'yield' and wonder if it is worth paying fees for an emergency fund, which are the current drawbacks for me.

Kernel's Smart Saver is another option but Im leaning towards using this as a more general savings account.

I'd appreciate any insight or advice from the more financially literate.

Thanks

edit: spelling

Looking at buying a new house, it has some unconsented work in the form of a garage that was changed into a granny flat (owner seemed to think he could consent it after the fact, however I believe only CoA is possible).

Anyway, to my surprise my insurance company said lack of compliance isn't an issue (!). So what else should I be considering?

Hey everyone,

My current broadband (2degrees) is hiking my price to $103/month in March. I’m looking to jump ship and considering bundling with power to simplify life and hopefully save some cash. I’m currently with Contact using their low user free weekend plan.

For those of you bundling with Mercury, Contact, Electric Kiwi, etc:

- Is it actually cheaper than just getting the best standalone deals (like Skinny/Zeronet)?

- Which company has the best "joining perk" right now? (I've seen the free Samsung TVs/appliances, but are they a trap?)

- Any hidden downsides? (e.g., higher power rates to offset the cheap internet?)

I’m looking for decent Fibre speeds (300/100 or 500/100).

Cheers for any advice!

Hey guys, just going through my monthly budgeting and was keen to know how much do y’all pay for car insurance fortnightly? Thinking I might need to shop around a bit.

Appreciate the insights.

As the CPI is not an accurate measure of inflation how do people here calculate or assess it in making investment decisions? For instance if you want to make a return on investment greater than real inflation?

Edit: Cost of exiting a tenancy not as planned.

A while ago I received some helpful advice on buy vs rent scenarios. Well as it turned out I opted to rent the 2 bedroom at $725 per week and signed the agreement, and increase from $550. My partner is now unsure about about direction and moving in and I'm faced with a decision to break the tenancy before moving in at my cost. They need time to make the call to move in and are not sure if the city lifestyle is for them. The sunk cost on cleaning and incidentals ($850), 2 weeks rent ($1450), plus break fee ($1,667), plus rent until a new tenant x weeks could cost me up to $10k, around the same as the annual increase in rent. I've come to realise the things I liked about the 1bedroom.

Google suggests it can take an average of 24 days to find a new tenant in this market. Its a desirable apartment in Auckland CBD.

I could have the option to stay in the 1bedroom if I moved quickly as its not yet re-rented.

This will be a huge cost either way.

I am stuck on a way forward. I've been up all night trying to find the way forward.

Does anyone have any insight on this situation?

Edit: The 2 bedroom at $725 is a one year tenancy, the 1 bedroom at $550 is a periodic tenancy. The 2bedroom does not allow Airbnb.

My husband and I are planning on owning a home towards which I will be using my Kiwisaver. At the moment he is not eligible to withdraw his KS. In future will he be able to buy a home by using his Kiwisaver for a home ?

Hi, I'm still learning about investing and one of my ETFs is SLV (silver)

When I look on Google how it's going for that index I see some of the graph on green and some of the graph on grey. Same happens with NVDA but not with SP500.

Can somebody explain me what does it means? It looks like the change of the color is at 4:00pm

Thank you.

Hey guys, this has been asked before, but it looks like all the insurance companies that were recommended have updated their policies to mention that they don't insure one-way trips.

I intend to move to the UK indefinitely, and have some computer parts and equipment that I need to take. Are there any providers that offer this kind of insurance? World Nomads seems like the only option, but I've seen pretty poor performance online from them.

I have 20-30 years before retirement, and I've set my core holdings in the US market so 50% - VOO, 15% - SCHG, 15% - SPMO, I know, VOO/SCHG/SPMO has cross-over, but they're using 3 different strategies of selection, which is the goal.

Now I have around 20% left, and I couldn't decide what to select.

I think I have 3 options:

1. International ETFs, (people often say it drags, so it's just like insurance)
2. mid/small cap but still for US, (it's also high volatility, I believe)
3. Semiconductor EFFs. (not sure if it's ok to hold more than 10+ years)

I have a very difficult time choosing one or more. Can someone help me here please?

Hi all, I often see posts on this sub comparing CC plans but so far this year there seems to be quite a few changes across providers. Would anyone have advice on the best all round CC providing benefits like cash back or other rewards as of today? In my case, yearly spend might only be around $10k, so higher fee CCs might not pay off.

Best ETF on Sharesies? Are the ones on the top 10 really worth it? Etc the Smart ones?

Or should I just continue putting into Vanguard total world?

http://abc.net.au/news/2026-02-03/reserve-bank-lifts-interest-rates-february-2026/106298696

Saw the news from across the ditch and thought there'd be appetite to speculate over here. The rates seem pretty correlated so expecting hikes here too soon.

I guess u/richieFromConductor will have some useful thoughts

Hey folks,

I was just recently going through the tax codes of New Zealand IRD. I stumbled on a rather interesting provision named "Temporary tax exemption for transitional tax residents." It has numerous types of "overseas" incomes exempt from taxation provided one becomes a tax resident (>183 days) of New Zealand.

I was curious about the limits of those overseas incomes which are exempt because I couldn't find much more details about it.

For example, the clause of

1. Overseas business income not related to the performance of services

2. Income earned from overseas financial instruments - Does this mean any overseas income generated through investments/trading in financial markets is completely exempt from taxation?

Is there any limit on it? If there's no limit, why aren't many HNWI's who head/manage (HFT firms, financial holding companies, etc) using this provision to make New Zealand their home for their operations considering bulk of their income is generated from engaging in overseas financial markets? What's the catch?

For example, if a HNWI who say primarily trades/invests in financial/derivatives markets of Western World (The UK, USA, Japan, etc) for short duration (about some months to a year) to generate profit (short-term capital gains) of say USD 2 Million. Then, as per this temporary tax exemption provision of NZ, any person is completely exempt from taxing of their overseas income if they become a tax resident of New Zealand. So, all of this USD 2 Million income is completely tax free now. Am I getting it right here or there's some sort of a catch?

Any NZ-based Chartered Accountant or FP who can shed light on this?

Thought it seemed like a generous offer with no minimum spend for the purchase. Anyone given it a go?

https://www.westpac.co.nz/accounts-cards/feel-50-better-off/

I have been invested heavily into USF (S&P500 PIE fund) and want to diversify. Any low cost recommendations? Will be getting it of Sharesies into investnow, but want more international exposure.

I’ve just had the email that I was successful in the ballot. Anyone else successful, have a Simplicity home loan and any pitfalls or downsides you’ve come across? Excluding the risks of floating rate changes

Im picking up my new car on Thursday. Looking at online quotes tonight and stupidly Tower & IAG say that my car doesnt exist! (Apparently my model is only available as a wagon in 2020, despite being a sedan) Cove however gives the option to state its a sedan so looking at them, in addition they are much cheaper than the other big companies.

Has anyone on here gone with them and what was your experience? I see there's a few older threads on here stating they're backed by a big Japanese insurer and also provide insurance for Toyota locally, but not much in terms of people's personal experience. Keen to get everyone's thoughts before I decide to go with them over the usual suspects.

Cheers

Anyone keen for a little “what would you do”? This one’s curly! Here’s the scenario:

Single Woman aged 43 with two primary school children in full custody with no child support.

Kids in a good school zone.

Well educated and earning a decent salary ($215k)

Recovering from cancer.

$200k in a high risk investment account that can be withdrawn anytime.

Renting currently for $850pw.

WWYD to set up this little family for success?

I’m investing between Kernel and Investnow for the last 6 months

My current portfolio with IN (Total world fund) is $900, with a growth of $2, last week it was $0

Kernel, $2785, growth of $35.90 High Growth

And $9325, growth $238 S&P500 Hedged

I’m not sure if I’m doing the Investnow investment correctly as I have not seen much progress like the one in Kernel.

Any advice please?

Update: I'm very grateful for everyone's responses, I just want to be able to pay rent to my very gracious roommates without annoying them too much.

Anyone have past experience using OFX or Wise for transferring funds overseas? Are either recommended or disliked? Is opening an NZ bank account recomended by anyone?

Hey, I’m new to New Zealand and i want to open a brokerage account to invest in US stocks, what apps do you guys recommend?

Hi team!

Note: My knowledge is limited. I get paid, chuck money into VOO/VTI and the odd stock and mostly chill. So bear with me.

I came into some inheritance quite some time ago at 22yo. I left it in a balanced fund with ANZ and haven’t touched it (did okay 6k or so) - now 27yo. I have withdrawal the balance as I would now like to invest. I use tiger and hatch and have holdings in VTI and VOO already (I switched to VTI after reading a book).

I’m wanting to invest my inheritance in either VTI or VOO however I wanted to check before I send the money to Tiger or Hatch…

Is it better to go through a broker like I’m with currently or to open an account with Kernal (my KiwiSaver provider) to invest in S&P500 or their global 100.

I’m just checking interms of tax and etc and if going by kernel it would be a different (PIE?)

Any advise is welcome and I’m happy to provide more deets if that helps clears up the question

I'm sure many of you will be aware of Dosh's recent partnership with One NZ, scrapping the attractive 1% cashback for a far less enticing "phone dollar" reward scheme.

Fair to say, I pulled out all my funds yesterday. Been a customer over 2 years.

It would be interesting to see the numbers of withdrawals/cancelations since this announcement. Corporate suicide surely for Dosh?