NZSA Disclaimer There have been some interesting changes in relativity between some of New Zealand’s best known Growth funds over recent weeks. Growth funds, whether KiwiSaver or retail managed funds, are a staple diet for many long-term investors. Often, movements in fund unit prices are similar – unsurprising in the context of a typical growth…
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NZSA Disclaimer It has been a tough post-Covid reality check for the New Zealand economy, an underlying theme that is reflected in the performance of many of our consumer-facing listed companies. Many local companies remembered the difficulty they had in attracting staff in earlier periods during periods of economic benevolence, following cutbacks made during economic…
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Annual Meeting Report, April 23rd 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $88.0m $95.7m $108.4m $120.8m $129m 7% EBITDA $34.4m $35.1m $38.9m $47.2m $51.7m 11% NPAT $15.0m $14.2m $13.6m $25.5m $21.5m -14% EPS1 $0.053 $0.045 $0.042 $0.078 $0.065 86% PE Ratio 26 27 24 21…
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Annual Meeting Report, April 21st 2026 Click here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $205.3m $238.7m $272.2m $319.9m $362m 13% Fair Value Movement $540.9m $268.8m $441.6m $372.6m $266m -29% NPAT $543.6m $225.4m $436.3m $339.8m $259.7m -24% EPS1 $2.36 $1.16 $1.86 $1.435 $1.072 -25% PE Ratio 5 8…
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NZSA Disclaimer Last week’s NZSA panel discussion featuring Dean Anderson (from Kernel Wealth) and Greg Smith (from Generate), facilitated by NZSA CEO Oliver Mander, offered a timely and candid examination of New Zealand’s retirement savings framework. The conversation ranged from policy design and political risk through to investor behaviour and the emerging challenge of decumulation.…
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Annual Meeting Report, April 16th 2026 Click here for NZSA Assessment and Voting Intentions This virtual-only meeting was called in advance of the usual AGM, to approve the participation of Hull interests in the capital raising announced on 30th March. Simon Hull’s family as founders hold 52.41% of shares, and would still hold over 50%…
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NZSA Disclaimer The ASX is often seen as a happy hunting ground for New Zealanders looking to broaden their investments. It offers a plethora of exchange traded funds, but is perhaps better known for the exposure it provides to the mining and banking sector. It’s why most Kiwi investors should be really interested in the…
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Annual Meeting Report, February 25th 2026 Click Here for NZSA Assessment and Voting Intentions Metric 2021 2022 2023 2024 2025 Change Revenue $105.7m $126.3m $169.9m $213.2m $230m 8% Operating Expenses $93m $118.2m $146.7m $189.7m $202m 7% EBITDA $12.7m $8.1m $23.2m $23.6m $27.8m 18% NPAT $3.2m -$3.3m $10.0m $9.5m $20.9m 119% EPS1 $0.032 -$0.033 $0.098 $0.092…
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Annual Meeting Report, February 18th 2026 Click Here for NZSA Assessment and Voting Intentions Metric 2022 (restated) 2023 (restated) 2024 (restated) 2025 2026 Change Revenue $327.9m $347.3m $472.6m $555.8m $594.3m 7% Insurance Result $22.5m $23.5m -$7.9m $82.8m $105.2m 27% NPAT2 $19.3m $18.8m -$1.2m $74.3m $83.7m 18% EPS1 $0.046 $0.050 -$0.003 $0.196 $0.244 25% PE Ratio…
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NZSA Disclaimer Since KiwiSaver’s launch in 2007, the national conversation has been focused almost entirely on savings accumulation. Join. Contribute. Stay the course. But for a growing number of New Zealanders, that chapter is closing. The question is no longer simply “Are we saving enough?” It is increasingly “How do we spend well?” This is…
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