Stewart & Co Blog

We're Going Pink For A Day This October

October is Breast Cancer Awareness Month and to show our support for the Breast Cancer Foundation NZ, we are going Pink For A Day on 17 October 2018.  We are raising money for this great organisation and have set up a fund raising page so that all the funds raised go directly to Breast Cancer Foundation NZ.  If you would like to make a donation and help us reach our goal please click on the image below.  All donations over $5 entitle you to a tax rebate so remember to print off your receipt and include it with your end of year tax information. 

Alternatively, you may like to set up your own page and have your workplace go Pink for a Day in October.  Click on the image below to find out more



1 in 9 New Zealand women are affected by Breast Cancer in their lifetime and today 8 New Zealand women will be diagnosed with breast cancer.  It seems now that every person you talk to has a story of someone they know who is affected by this. 

 The New Zealand Breast Cancer Foundation works to:

  • Promote awareness and education of what breast cancer is and how to detect it;
  • Provide support for those going through treatment; and
  • Fund research into detection and treatment.

Budget 2018 - Foundations for the Future


As anticipated, there were no big surprises in this year's budget with the main winners being:



The biggest winner in this year's budget is the health sector. 

A $3.2 billion increase in operating funding over the next 4 years and $850 million in new capital spending.  This includes $2.2 billion over the next 4 years to go to District Health Boards so that they can maintain standards of care, mental health services and support of New Zealanders. 

Community mid-wives, elective surgery and the national bowl screening programme are all set to get extra funding. 

Free GP visits have been extended to include 13-year olds and under.  

Community Services Card holders should also see a decrease in GP visit costs of $20 to $30. 



The education sector will receive some $1.6 billion to be spent on 1,500 extra teachers and 200 new classrooms. 

Learning support will receive an additional $133.5 million over the next 4 years to go towards speech language therapists and psychologists.  As well as $30.4 million over 4 years for children who are deaf or hard of hearing. 

Early Childhood education is to receive $590.2 million over the next 4 years. 



6,400 extra state houses are to be built by 2022.

$170 million is also earmarked for emergency housing. 

$142 million of funding is to go to low income families in insulation subsidies. 



920 more police officers and 240 support staff to be funded with nearly $300 million of new spending. 

$200 million is to go towards building pop-up jail cells by the end of 2019, to be able to hold an additional 600 inmates. 



DOC is to receive $181.6 million in funding over four years, the largest boost to its funding since 2002. 

$100 million Green Investment fund to be set up to stimulate investment from the private sector into low-emission projects. 



Other Points

The Government have confirmed their commitment to the ring-fencing of tax losses on rental properties.  This will have a significant impact on many property investors.

No fundamental changes have been made to tax rates. 

An additional $31 million is to go to the IRD to ensure that company tax returns are filed to combat tax avoidance, resulting in an estimated $183 million in additional taxes collected over four years.

Pink For A Day


October is Breast Cancer Awareness month and Stewart & Co are once again going Pink for a Day to raise funds for the Breast Cancer Foundation NZ.  Breast Cancer Foundation NZ are a not-for profit charitable trust with a vision of zero deaths from breast cancer.  Their mission is to push for new frontiers in early detection, treatment and support for those with breast cancer.

1 in 9 New Zealand women are affected by breast cancer in their lifetime.  Each day 8 New Zealand women on average are diagnosed with breast cancer.  But this isn't just something that affects women, 25 men a year are also diagnosed with breast cancer in New Zealand.  Almost everyone you talk to will have a story of someone they know having gone through treatment at some point in their lives.

So, on 16 October 2017 the team at Stewart & Co are going Pink for a Day to show our support and help raise much needed funds for this great charity.  We have set up a donations page with the Breast Cancer Foundation NZ so if you would like to make a donation please click on the link below.   100% of the funds raised go straight to Breast Cancer Foundation NZ.

Plus, remember to print out your receipt for any donations over $5 and you can claim a tax credit back at the end of the year. 

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