Major changes to KiwiSaver were announced in Budget 2025. The KiwiSaver voluntary savings scheme is aimed at helping New Zealand workers save for retirement, or buy a first house. But with the rising cost of living, action was needed to make KiwiSaver fit for purpose and more fiscally sustainable as a savings scheme. How will […]
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Goals are what drive the long-term performance of your business. Agreeing on clear targets, and measuring your progress over time via key performance indicators (KPIs), helps you to understand exactly where the business is going. But how does this kind of performance management work in practice? Track your performance with KPIs Tracking your goals via […]
Anytime is a Good Time to Reflect and Reset The start of a new financial year is a great opportunity to assess where you’re at and set fresh goals — but the truth is, anytime is the right time to reflect, refocus and plan ahead. Whether you’re halfway through the year or just kicking […]
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As part of Budget 2025, the Minister for Finance, Nicola Willis, introduced Investment Boost – a new way for Kiwi businesses to reduce the cost of investing in new assets and equipment. Investment Boost is expected to lift NZ GDP by 1% and wages by 1.5% over the next twenty years, with half these gains […]
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If you want to stabilise your finances and grow the business, working to strict budgets becomes a necessity. Managing the cashflow twists and turns of a project can be hard work. But it’s easier to do when you have an agreed budget and can track your spending and performance. So, what’s the best way to […]
Read More… from Business Tips: Budgeting and Managing Cashflow
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king? How do profit and cashflow […]
Read More… from Keeping your busines cash liquid – the difference between cashflow and profit