Financial Literacy news stories

Fintech
Montessori Australia, Raiz Invest improve financial literacy
Montessori Australia (MA) has announced it is partnering with Raiz Invest to improve financial literacy for Australian children.

Apple
Apple NZ posts modest profit of $23m
Apple New Zealand recently released details of its annual financial statements, posting healthy revenue and a modest profit to the period ending 26 September 2020.

Mastercard
Mastercard launches new initiatives to empower those hit by COVID-19 lockdowns
“This is so much more than philanthropy. This is an opportunity to develop commercially-sustainable and scalable social impact with government and private sector partners - and to do it in a way that helps society-at-large thrive.”

Investment
Kiwis adopting great savings habits but overestimating returns
As people get older, they are more likely to consider putting any savings into term deposits, rising from 28% of those under 30, to 57% of 50-64-year-olds, and 65% of those 65-plus.

Digital Resources
Government invests in financial literacy education
"Financial literacy is so important for our young people and this funding will set them up for a brighter future."