Home and away: where diversification may take Kiwis

There's a westward pull in the available choice of managed funds. (Image: Depositphotos)

Wed, 03 Nov 2021

Property, Adrian Orr told the Property Council of New Zealand Retail Conference yesterday, is so yesterday.Investing in houses “has worked well over time for many”, the Reserve Bank of NZ (RBNZ) governor informed the home crowd of something they already knew.“However, this is not the case all of the time, for all people ... ,” Orr hinted (warned, promised) ahead of the RBNZ annual Financial Stability Report due out this Wednesday.Instead, the governor trotted out the standard basket-and-egg-based advice about diversifica...

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