|
Log In
Subscribe for $0.99/week
All News
Insurance
Jon Paul Hale
Claims Stories
Russell Hutchinson
Steve Wright
Insurance Briefs
Interviews
Investments
KiwiSaver
The Markets
Mint Asset Management
Insync Fund Managers
Harbour Asset Management
Devon Funds
Castle Point
Mortgages
Mortgage Rates
Compare Rates
TMMOnline
News
GoodReturns TV
Archive
News Bites
Full Interviews
KiwiSaver
Responsible Investing
People
Diary
Post a Job
Available Jobs
Latest People News
Research
Special Reports
976525317
Share
Facebook
Twitter
Linkedin
Pinterest
Reddit
Whatsapp
Save Story
News
[GRTV] The benefits of global infrastructure
Monday 23rd of February 2026
<div class="box gradient-top"> <div class="paywall__content sticky-bottom"> <div class="paywall__content__title"> Want to read the full article? </div> <div class="paywall__content__description"> Click the button below to subscribe and will have unlimited access to full article and all other articles on the site. </div> <div class="paywall__content__cta"> <div class="mb-3"> <a href="https://test.goodreturns.co.nz/login?redirect_article=grtv-the-benefits-of-global-infrastructure" class="btn btn-primary btn-lg">Sign in</a> </div> </div> </div> </div> </div> </div> </div> <div class="related-articles"> <hr> <div class="title-section mb-3"> <span class="colored-title small">Related</span> </div> <div class="row"> <div class="col-md-4"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-12 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/what-does-the-rest-of-2024-have-in-store"> <div class="news-card-headline line-clamp-2"> What does the rest of 2024 have in store? </div> </a> </div> <div class="news-card-read-time mt-2"> 15 min read </div> </div> </div> </div> </div> <div class="col-md-4"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-12 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/seeing-the-light"> <div class="news-card-headline line-clamp-2"> Seeing the light </div> </a> </div> <div class="news-card-read-time mt-2"> 10 min read </div> </div> </div> </div> </div> <div class="col-md-4"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-12 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/a-breach-of-trust-private-asset-ownership-in-kiwisaver"> <div class="news-card-headline line-clamp-2"> A breach of trust? Private asset ownership in KiwiSaver </div> </a> </div> <div class="news-card-read-time mt-2"> 5 min read </div> </div> </div> </div> </div> </div> </div> <div class="other-articles"> <div class="mb-4 btn-next-article"> <a href="https://test.goodreturns.co.nz/article/grtv-earnings-season-iran-war-and-the-nz-housing-market-what-it-all-means-for-investors" class="btn btn-primary "> Next Article <i class="fa-solid fa-arrow-right ms-2"></i> </a> </div> </div> </div> <div class="col-sm-12 col-md-3 col-lg-3"> <div class="sidebar-right"> <div class="latest-news-sidebar mb-3"> <div class="title-section mb-3"> <span class="colored-title small">Latest News</span> </div> <div class="sidebar-body"> <div class="mb-3"> <hr> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/grtv-earnings-season-iran-war-and-the-nz-housing-market-what-it-all-means-for-investors"> <div class="news-card-image"> <img class="img-fluid" src="https://test.goodreturns.co.nz/images/default.jpg" alt="[GRTV] Earnings season; Iran; War and the NZ housing market - what it all means for investors"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/grtv-earnings-season-iran-war-and-the-nz-housing-market-what-it-all-means-for-investors"> <div class="news-card-headline line-clamp-2"> [GRTV] Earnings season; Iran; War and the NZ housing market - what it all means for investors </div> </a> </div> <div class="news-card-read-time mt-2"> 1 min read </div> </div> </div> </div> </div> <div class="mb-3"> <hr> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/active-managers-see-opportunities-created-by-passive-funds"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/2f5a4681-e1ee-4992-99db-0c8f8b56c0ad-c.webp" alt="Active managers see opportunities created by passive funds"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/active-managers-see-opportunities-created-by-passive-funds"> <div class="news-card-headline line-clamp-2"> Active managers see opportunities created by passive funds </div> </a> </div> <div class="news-card-read-time mt-2"> 3 min read </div> </div> </div> </div> </div> <div class="mb-3"> <hr> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/sbs-readies-to-expand-into-adviser-market"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/a9bf56fd-a4ae-4513-a4a0-8dad9405d6a1-1.webp" alt="SBS readies to expand into adviser market"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/sbs-readies-to-expand-into-adviser-market"> <div class="news-card-headline line-clamp-2"> SBS readies to expand into adviser market </div> </a> </div> <div class="news-card-read-time mt-2"> 5 min read </div> </div> </div> </div> </div> <div class="mb-3"> <hr> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/aurora-moves-management-of-kiwisaver-inhouse"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/6173fa50-a700-4806-8af8-ccecdff3c2ef-6.webp" alt="Aurora moves management of KiwiSaver inhouse"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/aurora-moves-management-of-kiwisaver-inhouse"> <div class="news-card-headline line-clamp-2"> Aurora moves management of KiwiSaver inhouse </div> </a> </div> <div class="news-card-read-time mt-2"> 1 min read </div> </div> </div> </div> </div> </div> </div> <div class="advert-image mb-4"> <!-- GR_ROS_160x600 --> <div id='div-gpt-ad-2' class="mb-3" data-ad-code="GR_ROS_160x600" style='width:px; height:px;'> </div> </div> <div class="read-more-sidebar bg-light pb-1 mb-4"> <div class="d-flex justify-content-between align-items-center px-2 mb-4"> <div class="badge-default"> <a href="https://test.goodreturns.co.nz/news"> <span class="badge" style="background:#56CA71;"> News </span> </a> </div> <div class="text-primary"><a href="https://test.goodreturns.co.nz/news">More Read</a></div> </div> <div class="sidebar-body px-3"> <hr> <div class="mb-3"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/grtv-earnings-season-iran-war-and-the-nz-housing-market-what-it-all-means-for-investors"> <div class="news-card-image"> <img class="img-fluid" src="https://test.goodreturns.co.nz/images/default.jpg" alt="[GRTV] Earnings season; Iran; War and the NZ housing market - what it all means for investors"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/grtv-earnings-season-iran-war-and-the-nz-housing-market-what-it-all-means-for-investors"> <div class="news-card-headline line-clamp-2"> [GRTV] Earnings season; Iran; War and the NZ housing market - what it all means for investors </div> </a> </div> <div class="news-card-read-time mt-2"> 1 min read </div> </div> </div> </div> </div> <hr> <div class="mb-3"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/active-managers-see-opportunities-created-by-passive-funds"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/2f5a4681-e1ee-4992-99db-0c8f8b56c0ad-c.webp" alt="Active managers see opportunities created by passive funds"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/active-managers-see-opportunities-created-by-passive-funds"> <div class="news-card-headline line-clamp-2"> Active managers see opportunities created by passive funds </div> </a> </div> <div class="news-card-read-time mt-2"> 3 min read </div> </div> </div> </div> </div> <hr> <div class="mb-3"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/sbs-readies-to-expand-into-adviser-market"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/a9bf56fd-a4ae-4513-a4a0-8dad9405d6a1-1.webp" alt="SBS readies to expand into adviser market"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/sbs-readies-to-expand-into-adviser-market"> <div class="news-card-headline line-clamp-2"> SBS readies to expand into adviser market </div> </a> </div> <div class="news-card-read-time mt-2"> 5 min read </div> </div> </div> </div> </div> <hr> <div class="mb-3"> <div class="news-card news-card-small"> <div class="row g-3"> <div class="col-sm-4 order-1"> <a href="https://test.goodreturns.co.nz/article/aurora-moves-management-of-kiwisaver-inhouse"> <div class="news-card-image"> <img class="img-fluid" src="https://goodreturns.publit.io/file/c_fill,w_300,h_200/6173fa50-a700-4806-8af8-ccecdff3c2ef-6.webp" alt="Aurora moves management of KiwiSaver inhouse"> </div> </a> </div> <div class="col-sm-8 d-flex flex-column order-0"> <div class="d-flex align-items-center flex-grow-1"> <a href="https://test.goodreturns.co.nz/article/aurora-moves-management-of-kiwisaver-inhouse"> <div class="news-card-headline line-clamp-2"> Aurora moves management of KiwiSaver inhouse </div> </a> </div> <div class="news-card-read-time mt-2"> 1 min read </div> </div> </div> </div> </div> </div> </div> <div class="advert-image mb-4"> <!-- GR_ROS_300x250 --> <div id='div-gpt-ad-156' class="mb-3" data-ad-code="GR_ROS_300x250" style='width:px; height:px;'> </div> </div> <div class="latest-comments-sidebar mb-3"> <div class="title-section mb-3"> <span class="colored-title small">Latest Comments</span> </div> <div class="sidebar-body"> <hr> <div class="comment d-flex"> <i class="fa-regular fa-comments me-3"></i> <div class="latest-comments-text"> <a href="https://test.goodreturns.co.nz/article/political-parties-given-outline-of-kiwisaver-20"> <div class="h6">Political parties given outline of KiwiSaver 2.0</div> <div class="small line-clamp-2"> $5000 for each child and $100 matching top-ups, in other words, taxpayers' contribution required, right? wouldn't it be more effective to teach kids to learn how to save? and what is opportunity cost mean? </div> </a> <div class="read-time">1 week ago W K</div> </div> </div> <hr> <div class="comment d-flex"> <i class="fa-regular fa-comments me-3"></i> <div class="latest-comments-text"> <a href="https://test.goodreturns.co.nz/article/where-to-for-mortgage-advisers"> <div class="h6">Where to for mortgage advisers?</div> <div class="small line-clamp-2"> Mr. Cunningham comments that the value of trail books have limited to 0 value for a critical perspective and no one is going to buy a mortgage advice business if it only has a customer list, but if that customer list or database is already owned by a dealer group or on a dealer groups CRM the advisor does not own that information anyway so they don't actually even have a client list to sell, and if that dealer group has their own branded advisers Wouldn't the customer list be given to them to farm. </div> </a> <div class="read-time">1 week ago Valkyrie Vulcan</div> </div> </div> <hr> <div class="comment d-flex"> <i class="fa-regular fa-comments me-3"></i> <div class="latest-comments-text"> <a href="https://test.goodreturns.co.nz/article/where-to-for-mortgage-advisers"> <div class="h6">Where to for mortgage advisers?</div> <div class="small line-clamp-2"> Westpac remains the only bank of the big four that has chosen to ignore the Commerce Commission’s directive issued last year about adviser clawbacks. These clawbacks, currently 100% at 14 months and 50% at 28 months, have been deemed by the Commerce Commission to hinder those clients changing lenders seeking a better deal on their home loan. Westpac told advisers last year their remuneration model was changing to better align with customer outcomes and regulatory expectations. Why then have they not also changed their clawback policy on adviser commissions? As someone else has pointed out above our head groups are no longer our advocates as they have done nothing to confront Westpac about this. Isn’t the whole point of the aggregator model to fight for your members? I don’t know about other advisers but aside from existing Westpac customers who need to rely on the first home loan scheme to secure a first home it’s increasing hard nowadays to recommend Westpac to anybody else. Westpac’s extra repayment policy is useless, they are frequently uncompetitive with interest rates for existing customers and yet they appear incapable of understanding why they don’t rank as number 1 or 2 currently on advisers list as a good bank for customers to have their home loan with. I think the above will be even more the case after midway through this year. As somebody said to me at a conference a few weeks back, what possible incentive do mortgage advisers have to keep their customers with Westpac from the 2nd of June? </div> </a> <div class="read-time">1 week ago Steve Thomson</div> </div> </div> <hr> <div class="comment d-flex"> <i class="fa-regular fa-comments me-3"></i> <div class="latest-comments-text"> <a href="https://test.goodreturns.co.nz/article/where-to-for-mortgage-advisers"> <div class="h6">Where to for mortgage advisers?</div> <div class="small line-clamp-2"> Although the FMA was involved in subsequently setting up the CoFI principles it’s obvious from their subsequent lack of enforcement that the law might as well not have been introduced in the first place. I mention the elephant in the room i.e. the introduction of bank rate cards for mortgage advisers but advisers having no current ability to guarantee/hold these interest rates for their customers. This means they don’t now have time to make an informed financial decision. By comparison, all front-line lenders at the banks apparently quoting from the same rate card can guarantee these rates are held for 1-2 business days minimum. This applies to both new loans and those loans been refixed, although the banks are now obviously pushing customers to refix online which is another subject for a different day. There is an work-around available to the above however that such a discrepancy exists today looks like an attempt by banks to discourage customers from using the adviser channel which I am sure if the Commerce Commission got involved now would constitute a clear breach of consumer law. That we work in an “advice orientated” industry which instead seems to be working against customers who choose to use a mortgage adviser is absolutely appalling. All the regulatory changes that have been introduced in the last few years essentially count for nothing if banks can be allowed to get away with the above. The FMA as a taxpayer funded government agency appears incapable or unwilling to enforce a law change introduced by Parliament. This pretty much sums up the current state of the Wellington public service which the Public Service Commissioner has previously said is no longer fit for purpose saying it needs to be overhauled. Where you might ask are the supposed advocates for the mortgage adviser industry on the above aka the aggregators and associations? You guessed it. Missing in action again… What a surprise. </div> </a> <div class="read-time">1 week ago Simon Rule</div> </div> </div> <hr> <div class="comment d-flex"> <i class="fa-regular fa-comments me-3"></i> <div class="latest-comments-text"> <a href="https://test.goodreturns.co.nz/article/removing-fbt-on-insurance-would-cut-premiums-fsc-says"> <div class="h6">Removing FBT on insurance would cut premiums, FSC says</div> <div class="small line-clamp-2"> JPHale, minimum number for concessions is 15, but discounts off the retail premium apply from 5 employees up. The govt could at least look to bring the FBT rate in line with personal income tax rates. Most I see have an FBT rate over 60%. And the government collects GST on the premium as well. Agree all medical insurance premiums should be tax deductible. </div> </a> <div class="read-time">1 week ago Peter Wilkening</div> </div> </div> </div> </div> </div> </div> </div> </div> </section> <!-- Footer --> <footer class="pt-4 bg-light"> <div class="container"> <div class="footer-top pb-4"> <div class="row justify-content-between align-items-center"> <div class="col-sm-12 col-md-2 col-lg-2"> <div class="footer-logo"> <img class="img-fluid" src="https://test.goodreturns.co.nz/images/footer-logo.png" alt="GoodReturns"> </div> </div> </div> </div> <div class="footer-bottom"> <div class="row"> <div class="col-sm-12 col-md-5 col-lg-5"> <div class="footer-bottom-text">Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister. </div> </div> <div class="col-sm-12 col-md-7 col-lg-7"> <div class="row"> <div class="col-md-4"> <div class="footer-bottom-links"> <div class="footer-title mb-4">Categories</div> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/insurance"> Insurance </a> </p> </div> </div> <div class="col-md-4"> <div class="footer-bottom-links"> <div class="footer-title mb-4">About</div> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/about-us"> About Us </a> </p> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/faqs"> FAQs </a> </p> </div> </div> <div class="col-md-4"> <div class="footer-bottom-links"> <div class="footer-title mb-4">Contact</div> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/contact-us"> Contact Us </a> </p> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/terms"> Terms </a> </p> <p> <a target="_self" class="dropdown-item" href="https://test.goodreturns.co.nz/privacy"> Privacy </a> </p> </div> </div> </div> </div> </div> </div> <hr> <div class="pb-4"> © Copyright 1997-2026 Tarawera Publishing Ltd. All Rights Reserved </div> </div> <div class="border-b border-success"></div> </footer> </div> <script src="/js/app.js?id=1b131f94b686c025d8d8275504bf486f"></script> <script> const tooltipTriggerList = document.querySelectorAll('[data-bs-toggle="tooltip"]'); const tooltipList = [...tooltipTriggerList].map(tooltipTriggerEl => new bootstrap.Tooltip(tooltipTriggerEl)); </script> <script> document.querySelectorAll('div.video-embed').forEach(v => { const [poster, src] = v.dataset.type === 'vimeo' ? [`vumbnail.com/${v.id}.jpg`, 'player.vimeo.com/video'] : [`i.ytimg.com/vi/${v.id}/hqdefault.jpg`, 'www.youtube.com/embed']; v.innerHTML = `<img class="img-fluid" loading="lazy" src="https://${poster}" alt="${v.title}"><button aria-label="Play"></button>`; v.children[1].addEventListener('click', () => { v.innerHTML = `<iframe allow="autoplay" src="https://${src}/${v.id}?autoplay=1">
`; }) })
