Want to get paid faster? Try these tips

Want to get paid faster? Try these tips

Xero’s Small Business surveys show that almost half of invoices are paid late. Late payments are one of the most frustrating things a business can face. Here are 6 tips to get paid faster. Review and adjust your payment terms and pricing – Think about how...
How’s your work-life balance?

How’s your work-life balance?

It’s great to be the boss – you can work any hours you like, right? Unfortunately, for many business owners, that means long hours, plenty of stress, and very few breaks and holidays. A survey done by Statistics NZ found that: 21% of employers work 60 hours per week...
Banks introduce new mortgage lending restrictions

Banks introduce new mortgage lending restrictions

In June this year, the Reserve Bank received approval for a new tool to rein in house prices and control debt levels: debt-to-income (DTI) ratios. Now, some of the banks have decided to move first. BNZ has introduced a DTI for all its borrowers, and ASB has confirmed...