WISEplanning

Our Investment Perspective for July is out. 📊 It covers:

- Owner earnings measure the cash actually left for shareholders, not the accounting profit
- The key split: maintenance capital expenditure to stay competitive, versus growth capital expenditure that builds future earnings
- What to look for: recurring cash flows, pricing power, high returns on invested capital, and consistent growth in owner earnings per share
- Over the next three to five years, this is the measure that separates the AI winners from the AI spenders

Read it here: https://bit.ly/3ROytWa

Trade shapes far more than exports — it influences jobs, investment, productivity, and long-term economic resilience 🌏📈

As New Zealand navigates an increasingly complex global economy, discussions around how we approach international trade and economic strategy are becoming more important than ever. Thoughtful policy today can help create stronger opportunities tomorrow. https://bit.ly/4fhIJOm

Is NZ ‘at the table or on the menu’? Brian Easton says there is a strong case to be made that the Ministry of Foreign Affairs and Trade is the government agency that has contributed the most to New Zealand’s economic growth

Financial independence means different things to different people. For some, it’s retiring comfortably. For others, it’s having choices, less stress, and more time with the people who matter most.

The destination isn't just about building wealth — it's about building a life that gives you freedom on your own terms 🌿

💻 www.wiseplanning.co.nz
☎️ 0800 11 90 80
📧 [email protected]

Good financial habits don't happen by accident 💰

A recent RNZ article highlights one of the simplest ways to strengthen your financial future: tackle high-interest debt first. Reducing debt can improve cash flow, lower financial stress, and create more opportunities to invest in the things that matter most.

Financial independence isn't built overnight — it's built through consistent, informed decisions 📈 https://bit.ly/4oWlPAu

Get your finances sorted in 2026: Get rid of debt Is organising your money life on your New Year's resolution list in 2026? In this five-part series, money correspondent Susan Edmunds guides you through the basics.

📊 Our Market and Economic Update for June is out and it covers:

- The S&P 500’s top 10 holdings drive the bulk of returns whilst the broader 490 stocks contribute just 2.32%; earnings beat rates at 85% are historically high but concentrated in tech.
- Q1 earnings growth (28.6%) nearly doubled analyst expectations, but trading prices already embed substantial future success—the shift is from AI optimism to earnings delivery.
- The real opportunity lies in broadening earnings growth beyond mega-cap technology toward quality cash-generative businesses with credible capital allocation and reasonable valuations.

Read it here: https://bit.ly/4b1PEd8

Financial independence isn't about having the most. It's about having enough. Enough freedom to make your own choices, enough security to sleep well at night, and enough confidence to enjoy the journey along the way ❄️✨

That's the difference between building wealth and building a life.

💻 www.wiseplanning.co.nz
☎️ 0800 11 90 80
📧 [email protected]

Our Investment Perspective for June is out. 📊 It covers:

- Berkshire’s 18-month flatline reflects market saturation and size constraints, not failure, US$400bn in cash signals value investors know overpriced markets when they see them.
- The market’s infatuation with AI stocks (30–50x earnings) echoes the 1997–2000 tech bubble; profitable fundamentals don’t prevent momentum crashes.
- When the cycle turns, portfolios built on earnings will survive; those swimming naked won’t.

Read it here: https://bit.ly/49Q918D

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As promised, the Finance Minister delivered a bread-and-butter Budget 2026, with few big surprises and no sign of a lolly scramble.

But there's a health spend-up, a new highway, a levy on banks, cuts to government departments and hope of a surplus on the horizon. Here's what you need to know about this year's Budget: https://bit.ly/4vsZLQf

Budget 2026 at a glance: The big changes, winners and losers - what you need to know There's a health spend-up, a new highway, cuts to government departments and a surplus on the horizon - here's what you need to know about this year's Budget.

Freedom looks different for everyone 👒🌊
For some, it’s more time. For others, it’s less stress, more choices, or finally feeling in control of where life is heading. The financial side matters — but what it gives you matters even more.

💻 www.wiseplanning.co.nz
☎️ 0800 11 90 80
📧 [email protected]

As the Iranian war moves into its 12th week, the oil price and the financial markets are telling us that the US Government is no closer to reaching a solution, conclusion or end point. https://bit.ly/42FzKRm

Strong regional economic upsides are driving local resilience Roger J Kerr is watching global financial markets starting to capitulate as they see rising downsides from Trump's policies & actions. Locally he thinks the negative views of our economy are overblown