Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Aotearoa Wāhine Can Manage Debt

International Women's Day 8 March 2021

#ChooseToChallenge

Debtfix challenges the people of Aotearoa to empower our wāhine with financial capability that stops them from accruing problem debt and enables them to successfully manage money.

The crew challenges the stereotypes that suggest women are not good with money, don’t understand debt and can’t sort their finances.

“Women have made budgets stretch since Eve was feeding the tamariki and we see evidence of our ability to manage money in multiple organisations and professions,” says Debtfix co-founder Christine Liggins.

“The numbers show women are more likely to experience financial hardship and have problems paying off debt but this is less about our aptitude and more about life events.

“Debtfix’s research shows broken relationships, caring for family or friends and under-employment all have significant impact on New Zealand women’s financial stability.”

FinCap’s newly appointed chief executive is Ruth Smithers, ANZ bank’s chief economist is Sharon Zollner and ASB’s chief executive is Vittoria Shortt – all women.

Women play a large role throughout the financial services sector and anecdotally, the budgeting service financial mentors Liggins encounters are predominantly women.

“The majority of our clients are women and how some manage their day-to-day budgets, living and feeding their whanau on a shoestring is truly remarkable,” she says.

“Wāhine, we have the aptitude and there are no barriers to stop us from taking ownership of financial decisions.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Energy Resources Aotearoa: New Law On Decommissioning Could Be Costly Overkill
A new law on decommissioning oil and gas fields passed by Parliament today has good intentions but is overkill, according to Energy Resources Aotearoa. "We strongly support operators taking responsibility and paying the costs for decommissioning, which is what all good operators do," says chief executive John Carnegie... More>>


Commerce Commission: News Publishers’ Association Seeks Authorisation To Engage In Collective Bargaining

News Publishers’ Association of New Zealand Incorporated seeks authorisation and provisional authorisation to engage in collective bargaining with Facebook and Google. The Commerce Commission has received applications from News Publishers’ Association of New Zealand Incorporated (NPA) seeking authorisation and provisional authorisation on behalf of itself... More>>


Reserve Bank: MPC Continues To Reduce Monetary Stimulus
The Monetary Policy Committee agreed to raise the Official Cash Rate (OCR) to 0.75 per cent. The Committee agreed it remains appropriate to continue reducing monetary stimulus so as to maintain price stability and support maximum sustainable employment... More>>

PriceSpy: Producer Prices Increase
New Black Friday and Covid-19 Report* released by PriceSpy says people’s fear of stepping inside physical shops during big sales events like Black Friday has risen since last year; Kiwis are still planning to shop, but more than ever will do it online this year... More>>

NZ Skeptics Society: Announce Their 2021 Awards, And Dr Simon Thornley Wins The Bent Spoon

Every year the New Zealand Skeptics presents its awards to people and organisations who have impressed us or dismayed us, and this year it’s been hard to pick our winners because there have been so many choices!.. More>>



REINZ: Sales Volumes Leveling Out

Data released today by the Real Estate Institute of New Zealand (REINZ) shows there were 44 fewer lifestyle property sales (-2.6%) for the three months ended October 2021 than for the three months ended September 2021... More>>


BNZ: Auckland Retail Card Spending Bounces Back In Step Two
Bank of New Zealand (BNZ) card spending data released today shows one week of retail therapy at Alert Level 3 Step 2 has been enough to raise card spending in Auckland to levels greater than before the Delta lockdown... More>>