Changing market conditions
We see and hear a lot of things from the market and people we work with, and on the most part its usually quite positive.
But recently we have had a raft of reports that suggest that we are in for some rough seas with our economy. Trade deficit double what was expected, tough housing market in Australia expected to be tougher, housing here softening significantly, and general job data fairly stagnant.
Therefore we think we are in for some impact from unexpected directions. Which suggests people need to be thinking about redundancy insurance in their plan, if a 3-6 month job loss is going to put you under pressure.
Softening Aussie markets mean less spending, which means less income for NZ, which impacts businesses here, and that flows through to jobs in ways most don't expect.
We’re already seeing movements, and we are starting to see more redundancies than we normally would.
www.willowgroveinsurance.co.nz...
Poll: Should the government levy industries that contribute to financial hardship?
As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need 🪙💰🪙
One proposed solution? Small levies on industries that profit from financial hardship — like banks, casinos, and similar companies.
So we want to hear what you think:
Should the government ask these industries to contribute?
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59.5% Yes, supporting people is important!
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25.9% No, individuals should take responsibility
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14.6% ... It is complicated
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A Neighbourly Riddle! Don’t Overthink It… Or Do?😜
Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!
If you multiply this number by any other number, the answer will always be the same. What number is this?
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