Blog
Understanding Life insurance premiums
Why premiums rise as you age – and what to do about it Life insurance can be frustrating. You pay your premiums for years even though you hopefully won’t need insurance for a long while, and when it does pay out, you’re not around to see the benefit. Worse, most life...
Remortgage NZ – Another look at your home loan
Making changes to suit your life When you sign the papers for your first mortgage, it feels as if you’re committing to your lender for the next thirty – or more – years. But that’s not always the case. While many people stay with their original lender for the term of...
Sorting things out after a marriage separation
What happens to your mortgage when you split? Separating from a partner or spouse is always painful. If you own joint property and have a mortgage, it can be even more complicated. Sorting out who will stay in the family home, who will pay the mortgage, and what will...
Small Business loans? Do you really need one?
How much should you borrow? If you’re running a business and you’ve reached a barrier – a chance to grow that requires capital, or a severe dip in your profits that needs a bail-out – you may feel you need to take out a loan. Before you rush off to the bank, stop and...
How to use your home’s equity to consolidate your debts?
Debt is a fact of life, and it’s growing. Many New Zealand families struggle to make ends meet because of their various debts. Credit card debt in particular can build quickly when the bills must be paid, and the cost is crippling, ongoing and stressful. Juggling...
Mortgage Advisor – Setting the pace
As the current OCR rates have changed and lowered to the new-found rate of 1.00 % as at 7th August 2019. What can this mean for you as a customer and your pocket? As people become more and more digitally savvy there comes a point where financial meets digital. People...
Is property still a smart investment in NZ ?
Property has always been one of the most popular forms of investment for New Zealanders. Buying a house or unit to rent out seems to appeal to Kiwis, perhaps because it’s more tangible – and easier to understand than shares or term deposits. In the last few decades,...
Let’s talk about mortgage interest rates
What’s the impact of the Reserve Bank’s capital proposal? The Reserve Bank of New Zealand (RBNZ) – and interest rate predictions – have been hot topics since the end of May. Public submissions on RBNZ’s capital review proposal closed May 17, sparking a lot of debate...
Fixed rate vs revolving credit
How to cut your home-loan term in half As a homeowner, you’ll know getting a mortgage isn’t a set-and-forget deal. Depending on how your home loan is structured, you’ll more than likely review it every year or two. Perhaps you’re in a position now where you’re about...
EY Judges Ajay Kumar in Entrepreneur Awards
The Ernst & Young Entrepreneur of the Year Awards also known as the EY Entrepreneur of the Year Awards for short all started originally in Milwaukee in 1986. These awards have now extended its reach to a wide range of countries totalling more than sixty which now...
How to pay off your mortgage faster? – Global Finance
Painless ways to pay down debt faster For most people the one debt that looms largest, and longest, is a mortgage. It’s likely to be set up for 30 years, a long time in anyone’s book, and will probably be the single biggest sum debited from your account every month....
Solving the Capital Reserving Requirements
There has been a lot of press regarding the RBNZ’s proposed capital reserving requirements for the banks. In short, the big 4 may have to move from an average of 10% to 16% of their asset book and while that does not seem a lot it will mean billions of capital that...
How much can I borrow for my mortgage?
We break down the banks Before you go looking for your new home you need to know how much you have to spend, and for most of us, that starts with one question, “How much can I borrow?” We break down the detail here, including what you can expect from each of the...
New Zealand Government Rule Out Capital Gains Tax (CGT)
Many of our customers have been asking questions about capital gains tax (CGT) and its impact on them. Today the Government has announced that in New Zealand capital gains tax (CGT) will not be introduced. The Jacinda Ardern announced today that no Capital Gains Tax...
All Good Things Take Time!
In an ever-increasing world trend of style over substance and immediate gratification, Global Finance is proud to celebrate 20 years. We know building something that offers sustainable value does not happen overnight. It takes years and the support of many. There are...
Referral Promotion T&C’s on September 2018
Terms & conditions for the Global Finance Refer a Mate Promotion The Refer a Mate Referral Promotion Period is from 27 August 2018 to 30 September 2018. The Promotion is open for both Global Finance customers and the public. By entering the Promotion each entrant...
Facebook Competition t’s & c’s on July, 2018
The promoter is: Global Financial Services Ltd whose registered office is at 19-22/203 Kirkbride Road, Airport Oaks, Auckland. The competition is open to all over the aged 18 years or over except employees of GFS Ltd and their close relatives and anyone otherwise...
The benefits of using Global Finance Mortgage and Insurance Advisers
For most of us, getting a mortgage will be the biggest financial decision we ever make. There are two ways to seek a mortgage, either connecting with a bank directly or using a Global Finance mortgage adviser. When dealing with a bank, you need to rely on your access...