MoneyHub NZ
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  • Investing
    • Investing Platforms
      • Reviews
        • Sharesies Review
        • Hatch Review
        • Stake Review
          • Stake Black Review
        • Tiger Brokers (NZ) Review
        • Superhero Review
        • BlackBull Markets Share Trading Platform Review
        • ASB Securities Review
        • Invest Direct Review
        • InvestNow Review
        • Kernel Review
        • Interactive Brokers
        • Smart Review
        • Catalist Review
      • Comparisons
        • Sharesies vs Hatch vs Stake
        • Kernel vs Smart
        • Hatch vs Stake
        • Hatch vs Tiger Brokers
        • Sharesies vs Tiger Brokers
        • Stake vs Tiger Brokers
        • Comparing Sharesies vs Investnow vs Hatch vs Invest Direct and more
        • Best Investment Apps
        • How Do I Start Investing?
        • Virtual Stocks and Shares Trading Games
      • Guides
        • How to Invest in Shares
        • Investing in Vanguard Funds from New Zealand
        • Investing in the US Stock Market from New Zealand
          • How To Buy Tesla Shares
          • How To Buy Apple Shares
          • How To Buy Amazon Shares
          • How To Buy Alphabet Shares
          • How To Buy Netflix Shares
          • How To Buy Microsoft Shares
          • How To Buy Meta Shares
        • US Extended Hours Trading Explained
        • What Happens If Your Investing Platform Shuts Down?
        • Fractional Shares
        • Transferring Share Portfolios
        • How to Read and Understand a Share Chart
        • NZX in a Nutshell
        • Investing in the ASX from New Zealand
        • Investing in Asian Markets from New Zealand
        • Understand Gross vs Net
        • How to Attend the 2026 Berkshire Hathaway Annual Shareholders Meeting
    • Introduction to Investing
      • Guides
        • Index Funds
        • ETFs (Exchange Traded Funds)
        • Cash Funds
        • Index Funds vs ETFs
        • 10 Ways to Invest in New Zealand
        • Compound Interest Explained
        • How to Invest Regularly
        • Passive Investing vs Active Investing
        • Investments You Can Own Forever
        • Investing Mistakes
        • Investing in the S&P 500 from New Zealand
        • Best Retirement Income Products in New Zealand
        • Shares vs ETFs
        • Dollar Cost Averaging Guide
        • Margin Lending and Loans Explained
        • Borrowing to Invest in Property, Shares or Funds
        • Passive Income Strategies
        • How Wealthy New Zealanders Invest Their Money
        • The Best Way to Invest Inheritance or a Windfall
        • Barefoot Investor-Friendly Financial Products in New Zealand
        • Investment Terms Glossary
        • IPOs
        • Investing in Dividend Shares
        • Common Shareholder Numbers in New Zealand
        • Shorting a Stock
        • Investing vs Trading vs Gambling
        • Investment Strategies for the Time-Poor
        • Advanced Trading Concepts
        • New and Emerging Investment Opportunities and Trends
      • Young People and Investing
        • Investing for Kids
        • Investing For Grandchildren
        • 10 Top Investments for Young New Zealanders
        • Sharesies Kids Accounts Review
        • SquareOne Review
        • Dosh Review
      • Investing Calculators
        • Term Deposit Calculator
        • Compound Interest Calculator
        • Investment Calculator
        • Savings Calculator
        • Net Worth Calculator
        • Million Dollar Calculator
    • Managed Funds, Tax & DIY Investing
      • Guides
        • Investing Guide
        • Managed Funds
          • Pie Funds Management Review
          • Booster Private Land and Property Fund Review
          • AMP Managed Funds Review
        • Our Favourite Managed Funds
        • Advisers
          • Financial Advisers Overview
          • DIY Investing vs Investment Brokerage Firms vs Financial Advisors
          • Financial Advisers Auckland
          • Financial Advisers Wellington
          • Financial Advisers Christchurch
        • Bank Credit Ratings
        • Tax on Investments and Savings
        • Capital Gains Tax
        • Bright-Line Test
        • Ethical Investing
        • Best ESG Funds
        • Asset Allocations to Build Wealth
        • Managing Offshore Investments for Returning New Zealanders and Migrants
        • How to Buy and Sell Bonds
        • Buying NZ Corporate Bonds
        • Trading in a Nutshell
        • Peer to Peer Lending
        • Crowdfunding Guide
        • REITs Guide
        • Jasper Review
        • Investing & Personal Finance Podcasts
        • Emergency Funds
        • UK Pension Transfer to New Zealand
        • Returning to the UK from NZ
        • Spending Your Savings in Retirement
        • How to Take Income from Investments
        • What Am I Entitled to If My UK Pension Scheme or Provider Makes a Mistake?
        • Investment Scams
        • Investing in Recession-Proof Sectors and Asset Classes During a Downturn
        • Hedging Investments
        • Top Personal Finance Books for New Zealanders
        • Top Ten Personal Finance Resources
      • Reviews
        • Simplicity Investment Funds Review
        • Lending Crowd Review
        • Squirrel Review
        • Sharesight Review
        • Lifetime Retirement Income
        • New Zealand Financial Markets Authority (FMA)
      • Calculators
        • Managed Funds Fee Calculator
        • Basis Points Calculator
        • Inflation Calculator
        • Retirement Calculator New Zealand
    • Alternative Investments and Trading
      • Reviews
        • BlackBull Markets Review
        • CMC Markets Review
        • Plus500 Review
        • IG Review
        • TMGM Review
        • CMC Markets vs Plus500 vs IG Markets vs BlackBull Markets
      • Guides
        • How to Invest in Gold
        • How to Invest in Silver
        • Forex Trading Guide
          • Forex Trading Platforms Comparison
          • Forex Trading Tools
          • Forex Trading Courses and Education
          • Forex Regulation
        • Options Trading
        • Contracts for Difference (CFDs) Guide
        • Futures Trading
        • Commodities Trading
        • Copy Trading
      • Cryptocurrency
        • Reviews
          • Easy Crypto Review
          • Swyftx Review
          • Binance Review
          • Easy Crypto vs Swyftx
          • NZDD Review
          • Independent Reserve Review
          • eToro Review
          • Coinbase Review
          • Kiwi-Coin Bitcoin Exchange Review
          • Vault International Bitcoin Fund Review
        • Guides
          • How to Buy Bitcoin in New Zealand
          • Beginner's Guide to Bitcoin and Blockchain
          • Stablecoins
          • Guide to NFTs
          • Bitcoin Wallet Guide
          • Bitcoin Mining
          • How to Sell Bitcoin
          • Bitcoin and Crypto Scams
          • Initial Coin Offerings
          • A Beginner’s Guide to Investing in Cryptocurrencies
          • Decentralised Finance
          • Bitcoin in New Zealand
          • New Zealand Bitcoin Exchanges
          • How to Buy Ethereum in New Zealand
          • Other Coins
            • How to Buy Ripple in New Zealand
            • How to Buy Cardano in New Zealand
            • How to Buy Dogecoin in New Zealand
            • How to Buy Litecoin in New Zealand
            • How to Buy Polkadot in New Zealand
  • Loans & Finance
    • Car Finance
      • Car Finance Calculator
      • Electric Vehicle Loans
      • How to Refinance Your Car Loan
      • Car Loan Refinance Calculator
      • Car Dealership Finance vs Alternatives
      • Motorcycle and Moped Loans
      • Motorcycle and Moped Loan Calculator
      • Asset Finance
      • Asset Finance Repayment Calculator
      • Business Vehicle Loans
      • Bad Credit Car Loans
      • Car Loan Brokers vs Direct Car Finance
      • Car Loan Amortisation Calculator
      • Car Finance Company Reviews
        • Simplify Loans Review
        • Toyota Finance Review
        • Mazda Finance Review
        • MTF Finance Review
        • AA Money Review
        • Better Finance Review
        • Kiwi Car Loans Review
        • Lending People Review
        • Driva Car Loans Review
      • Car Finance Must-Knows Guides
        • Buying a Car Loan vs Personal Loan?
        • Car Loans and Collateral
        • Car Loan Guarantors
        • How to Save for a Car
        • Paying Cash for a Car vs Car Finance
        • Balloon Payments
        • Boat Financing Calculator
      • Car Finance Add-On Insurance Guides
        • GAP (Guaranteed Asset Protection Insurance) Insurance
        • Compare Mechanical Breakdown Insurance
        • PPI (Payment Protection Insurance)
    • Personal Loans
      • Debt Consolidation Loans
      • Secured Loans
      • Green Loans
      • Home Renovation Loans
      • Online Loans
      • Bad Credit Loans
      • Beneficiary Loans
      • Payday Loans
      • Cash Advance
      • Same Day Loans
      • Low Income Loans
      • Personal Loan Calculator
      • Debt Consolidation Calculator
      • The Dangers of Debt Consolidation
      • Refinance Personal Loan Calculator
      • Home Renovation Loan Calculator
      • Interest Calculator
      • Harmoney Loans Review
      • Nectar Review
      • Avanti Finance Review
      • Save My Bacon Review
    • Credit Scores & Interest Rates
      • Credit Scores and Credit Checks
      • How to Build Credit in New Zealand
      • How to Pay Down Debt Faster
      • Baycorp and Debt Collection
      • Interest Rates Guide
      • Interest Rate Comparison
      • Buy Now Pay Later Apps
        • Afterpay Review
        • Laybuy Review
        • Humm Review
        • Zip Review
  • Insurance
    • Compare Insurance
      • Compare Car Insurance
      • Car Insurance by Vehicle
        • Compare Toyota Aqua Insurance Costs
        • Compare Toyota Corolla Insurance Costs
        • Compare Toyota Hilux Insurance Costs
        • Compare Mazda2 and Demio Insurance Costs
        • Compare Ford Ranger Insurance Costs
        • Compare Nissan Navara Insurance Costs
        • Compare Subaru Legacy Insurance Costs
      • Reviews & Policy Comparisons
        • AMI vs AMP vs AA Insurance vs Cove vs State vs Tower vs Trade Me Insurance
        • Cove Car Insurance Review
        • Tower Car Insurance Review
        • Young Driver Car Insurance
        • Trade Me Car Insurance Review
        • Caravan Insurance
      • Car Insurance Guides
        • Third Party Car Insurance
        • How to Get Cheaper Car Insurance
        • Car Insurance Calculator
        • No Claims Bonuses Explained
        • Car Insurance Excess Explained
        • Cheapest Cars to Insure
        • Modifications that Make a Car Uninsurable
        • Car Insurers Directory
        • Car Insurance Glossary
        • Most Stolen Cars
    • Home, Contents and Other Insurance
      • House Insurance
      • House Insurance Calculator
      • Difficult to Insure Areas
      • Sum Insured Explained
      • Is Your Home an Insurance Risk?
      • Average Cost of Car, House, and Contents Insurance
      • Insuring Old Houses
      • Contents Insurance
      • Home and Contents Insurance
      • Renters' Insurance
      • Landlord Insurance
      • Dental Insurance and Dentist Plans
      • Phone Insurance
      • Insurance Excess
      • Insurance Company Financial Strength Ratings
      • Motorbike Insurance
      • Initio Review
      • Insurance Brokers
        • Trusted Insurance Brokers in Wellington
        • Trusted Insurance Brokers in Christchurch
    • Compare Pet Insurance
      • Is Pet Insurance Worth Buying?
      • Cat and Dog Desexing
      • Getting a Kitten
      • Buying a Puppy
      • Pet Euthanasia
      • Vet Costs in New Zealand
      • Dog Vaccination Schedule and Costs
      • Costs of Owning a Cat
      • Costs of Owning a Dog
    • Students Insurance
    • Life & Health Insurance
      • Life Insurance
        • Life Insurance Policy Comparison - Cigna vs AIA vs Asteron Life vs Fidelity vs Westpac vs Partners Life
        • Stepped vs Level Life Insurance
        • Life Insurance Calculator
        • Pre-Existing Medical Conditions
        • Buying Life Insurance Direct vs Using an Insurance Broker
        • Life Insurance Policies - Features and Questions to Ask
        • When To Cancel Or Change a Life Insurance Policy
        • Life Insurance For Smokers and Vapers
      • Health Insurance
        • Going to Australia for Medical Treatment
        • BMI Calculator New Zealand
      • Income Protection Insurance
        • ACC vs Income Protection Insurance
        • Income Protection Insurance for Self Employed
      • Mortgage Insurance
      • Trauma Insurance
      • Redundancy Insurance
      • Funeral Insurance
        • What to Do When a Spouse or Partner Dies
        • Funeral Costs
  • Credit Cards
    • Best Credit Cards
    • Rewards and Cashback Credit Cards
    • Credit Cards That Earn Business Class Flights
    • The Best American Express Credit Cards
    • Air New Zealand Airpoints Credit Cards
      • ANZ vs AMEX vs Kiwibank vs Westpac Platinum Airpoints Credit Cards
      • ANZ Airpoints Visa Platinum vs AMEX Airpoints Platinum
      • Kiwibank Airpoints Platinum Visa vs AMEX Airpoints Platinum
      • Westpac Airpoints Platinum Mastercard vs AMEX Airpoints Platinum
    • Balance Transfer Credit Cards
    • Platinum and Gold Credit Cards
    • Frequent Flyer Credit Cards
    • Travel Credit Cards
    • Interest Free Credit Cards
    • Virtual Debit and Credit Cards
    • Credit Cards That Provide Travel Insurance
    • Reviews
      • American Express Credit Cards Review
        • American Express Airpoints Platinum Review
        • American Express Gold Rewards Card Review
        • American Express Gold Business Card Review
        • AMEX Comparison - Airpoints Platinum vs Gold Rewards
        • Where is AMEX Accepted?
        • American Express Free Card vs Airpoints Platinum
        • American Express Platinum Card Review
        • American Express Membership Rewards Program Review
        • AMEX Cardholder Feedback
        • Valuing AMEX Membership Rewards Points
        • AMEX Dining Collection Program Review
        • The Best Ways to Spend AMEX Membership Rewards Points
        • Qantas Credit Cards
        • Qatar Airways Credit Cards
        • Singapore Airlines KrisFlyer Credit Cards
        • Cathay Pacific Asia Miles Credit Cards
        • Emirates Skywards Credit Cards
        • RewardPay Review
      • Flight Centre Mastercard Review
    • Guides
      • Pay Off Credit Card Debt
      • Credit Card Basics
      • Mastercard vs Visa
      • Credit Card Minimum Payments Explained
      • Credit Card Interest Calculator
      • Credit Card Debt Amortisation Calculator
      • How to Request a Credit Card Chargeback
    • Other Credit Cards
      • Best Foreign Currency Debit & Credit Cards
      • Free Credit Cards
      • Low Interest Credit Cards
      • Credit Cards for Bad Credit
      • Q Card & Q Mastercard Review
      • GEM Visa Review
      • Onecard Visa Review
      • Purple Visa Review
  • Travel Money Cards
    • Travel Money Card Reviews and Comparisons
      • Wise Debit Card Review
      • Revolut Review
      • Revolut vs Wise - Which Is Better?
      • Travelex Money Card vs Wise Debit Card Comparison
      • OneSmart Card vs Wise Debit Card Comparison
      • Cash Passport vs Wise Debit Card Comparison
    • Travel Money By Country
      • Top Travel Destinations Where the NZD is Strong Right Now
      • Australia Travel Money
      • Bali Travel Money
      • Canada Travel Money
      • Europe Travel Money
      • Fiji Travel Money
      • Japan Travel Money
      • Rarotonga Travel Money
      • Singapore Travel Money
      • Thailand Travel Money
      • USA Travel Money
      • UK Travel Money
      • United Arab Emirates Travel Money
  • Banking & Savings
    • Banking
      • Best Bank Accounts
      • Best Debit Cards
      • Best Joint Bank Accounts
      • Kids Bank Accounts
      • Cut Overdraft Costs
      • Private Banking
      • Open an Australian Bank Account from New Zealand
      • Open a UK Bank Account from New Zealand
    • Savings
      • Best Term Deposits
      • Best Notice Saver Accounts
      • Booster Savvy Review
      • Booster Savvy Analytics Review
      • Best PIE Term Deposits
      • Best Call Accounts
      • Best Savings Accounts
      • Term Deposit Alternatives
    • Guides and Resources
      • Banks vs Credit Unions
      • Open Banking Explained
      • NZ Bank Prefix Codes
    • Reviews
      • Wise Money Transfer Review
      • Heartland Bank Review
      • First Credit Union Review
      • NZCU Baywide Review
      • The Co-operative Bank NZ Review
      • Western Union Review
  • Mortgages
    • Mortgage Essentials
      • Best Home Loans
      • Mortgage Calculator
      • How Much Can I Borrow?
      • Debt to Income Ratios
      • Equity (and Leverage) Calculator
      • Mortgage Repayment Calculator
      • Mortgage Options
      • Mortgage Cashback
    • Other Mortgage Options
      • Interest-Only Mortgages Guide
      • Interest-Only Mortgage Calculator
      • Revolving Credit Mortgages
      • Offset Mortgages
      • Offset Mortgage Calculator
      • Fixed vs Floating Mortgage Rate Calculator
      • Understanding Interest Rate Swaps
      • What is the OCR?
    • Alternative Mortgage Options
      • Low-Deposit Home Loans
      • Rent to Own Homes
      • First Home Loan Guide
      • Reverse Mortgages
      • Lifetime Home Review
    • Mortgage Management
      • Saving for a House Deposit
      • Saving for a House Deposit as a Young Professional
      • Buying a Home with Family and Friends
      • Pay Off Your Mortgage Faster
      • Mortgage Overpayment Calculator
      • What To Do if You Bought a House at the Peak of the New Zealand Market
      • Tips for Seniors Renting or Paying Down a Mortgage
      • Remortgaging Guide
      • Mortgage Relief and Holidays
      • Amortisation Calculator
      • Mortgage Break Fees
      • Defaulting on a Mortgage
      • High Deposit Mortgages
      • Negative Equity
      • How to Manage Higher Mortgage Payments
      • Mortgage Refinance Calculator
    • Mortgage Brokers
      • Mortgage Brokers Explained
      • Trusted Auckland Mortgage Brokers
      • Trusted Hamilton Mortgage Brokers
      • Trusted Mortgage Brokers in Tauranga
      • Trusted Mortgage Brokers in Napier and Hastings
      • Trusted Mortgage Brokers in Wellington
      • Trusted Mortgage Brokers on the Kapiti Coast
      • Trusted Mortgage Brokers in Christchurch
      • LifeDirect Mortgages Review
    • Buying a Home
      • First Home Buyers Checklist
      • Home Buying Glossary
      • Best House Price & Valuation Websites in New Zealand
      • New Zealand Property Types
      • Rateable Value vs Market Value
      • Leasehold Property Guide
      • Conveyancing vs Lawyers
      • Buying an Apartment in New Zealand
      • Buying vs Renting a House
    • Selling a Home
      • How to Sell Your House Privately
      • Real Estate Agent Fees
      • Bridging Finance
    • Property Investment
      • Investment Property Mortgages
      • Renting Directly to Tenants vs Using an Agent
      • Interest Deductibility Changes
    • Building a House
      • Average Building Cost Per Square Metre
      • Cost to Build a New House
      • Buying Land to Build a House
      • Construction Loans
      • Tiny Homes in New Zealand
  • KiwiSaver
    • KiwiSaver Basics
      • Free $500+ Government Money for KiwiSaver
      • Our Favourite KiwiSaver Funds
      • Is KiwiSaver Safe?
      • Choosing a KiwiSaver Fund
      • How Aggressive Should KiwiSaver Be
      • Choosing Your KiwiSaver Scheme
      • Balanced vs Moderate vs Growth KiwiSaver Funds - What is right for me?
      • KiwiSaver Must-Know Facts
      • Opting out of KiwiSaver
      • What Do I Do With My KiwiSaver When I Retire?
      • KiwiSaver Withdrawal
      • Merging KiwiSaver and Australian Super Balances
      • Switching KiwiSaver Funds
      • KiwiSaver Robo and Digital Advice Tools
      • Ethical Kiwisaver Funds
      • KiwiSaver Private Equity Investments
    • KiwiSaver Contributions & Tax
      • Your KiwiSaver Contributions
      • KiwiSaver Contributions - Gross or Net?
      • Employer KiwiSaver Contributions
      • Government KiwiSaver Contributions
      • KiwiSaver Savings Suspensions
      • Voluntary Contributions
      • What's My PIR?
      • KiwiSaver and Tax
    • KiwiSaver for Life Events and Specific Situations
      • Average KiwiSaver Balance by Age
      • KiwiSaver First-Home Withdrawal
      • KiwiSaver First Home Grant Guide
      • KiwiSaver Hardship Applications
      • KiwiSaver in a Divorce or Separation
      • KiwiSaver for Kids
    • KiwiSaver Schemes
      • Amanah KiwiSaver Scheme
      • AMP KiwiSaver Scheme
      • ANZ KiwiSaver Scheme
      • ASB KiwiSaver Scheme
      • AON KiwiSaver Scheme
      • BNZ KiwiSaver Scheme
      • Booster KiwiSaver Scheme
      • Fisher Funds KiwiSaver Scheme
      • Generate KiwiSaver Scheme
      • InvestNow KiwiSaver Scheme
      • Pie KiwiSaver Scheme Review
      • Kernel KiwiSaver Review
      • Kernel KiwiSaver Plan vs Superlife KiwiSaver Scheme
      • Kiwi Wealth KiwiSaver Scheme
      • kōura Wealth KiwiSaver Review
      • SBS Wealth KiwiSaver Scheme Review
      • MAS KiwiSaver Scheme
        • MAS Review
      • Mercer KiwiSaver Scheme
      • Milford KiwiSaver Plan
      • New Zealand Defence Force KiwiSaver Scheme
      • GoalsGetter KiwiSaver Scheme
      • Pathfinder KiwiSaver Review
      • QuayStreet KiwiSaver Scheme
      • Simplicity KiwiSaver Review
      • Summer KiwiSaver Scheme
      • SuperLife Review
      • Westpac KiwiSaver Scheme
    • KiwiSaver Calculators
      • KiwiSaver Calculator
      • KiwiSaver Returns Calculator
  • Business
    • Compare Business Loans
      • Business Line of Credit
      • Business Borrowing Options
      • Small Business Loans
      • Operating Leases
      • Finance Leases
      • Operating Leases vs Financing Leases
      • Car Loan Repayment Calculator
      • Prospa Business Loans Review
      • Bizcap Business Loans Review
      • Taxi (Business Funding) Review
    • Business Insurance
      • Public Liability Insurance
      • Professional Indemnity Insurance
      • Business Interruption Insurance
    • Wise Business Account Review
    • Business Credit Cards
    • Business Essentials
      • Money Saving Tips For Businesses
      • Get Debtors to Pay Overdue Invoices
      • Working Capital
      • Liquidations and Receiverships
      • Can't Make Payroll Guide
      • Buying out a Business Partner
      • Business Brokers
    • PAYE & Taxes
      • PAYE Calculator
      • PAYE Tax Rates 2025 & 2026
      • Minimum Wage
      • Tax Codes in New Zealand
    • Business Calculators & Resources
      • GST Calculator
      • GST Due Dates 2025
      • Business Loan Calculator
      • ROI Calculator
      • IRR Calculator
      • Internal Rate of Return
      • Percent Off Calculator
      • Profit Margin Calculator
      • Current Ratio Calculator
      • Quick Ratio Calculator
    • Online Services
      • Domain Names
      • Trusted Web Designers
        • Auckland Web Designers
        • Hamilton Web Designers
        • Wellington Web Designers
        • Christchurch Web Designers
        • Tauranga Web Designers
        • Lower Hutt Web Designers
        • Dunedin Web Designers
      • Digital Identity Programs and Online Verification Tools
      • Trusted Auckland SEO Companies
      • Social Media Influencer Marketing
      • PayPal NZ Account Fees
      • Paypal vs Stripe Review
      • Hnry Review
      • n3 Trade Card Review
      • Plain English Awards
      • Retail Security Options and Costs
    • For Startups
      • How to Start a Business in New Zealand
      • Raising Capital
      • Product Market Fit
      • Crowdfunding vs Bank Financing
      • Blackbird vs Movac
      • How to Become an Angel Investor
      • How to Raise Money from Angel Investors
      • Alternatives to VC Funding
      • Hiring for a Startup
      • VCFO (Virtual CFO)
      • New Zealand Startup and Founder Incubators
      • Expanding Offshore
      • New Zealand Invoice Template
      • Business Podcasts
  • MSD
    • Navigating Work and Income Benefits
    • Jobseeker Support Benefit Rates 2025 and 2026
    • Jobseeker Support Guide
    • Accommodation Supplement Guide
    • SuperGold Card Review
    • Disability Allowance
    • MyMSD
    • Community Services Card
    • Hardship Assistance - Urgent Costs and Living Expense Assistance
    • Loans for Unemployed
    • Working for Families Guide
    • Childcare Subsidies in New Zealand
    • Super Rates 2025 and 2026
    • NZ Superannuation in a Nutshell
    • Government Departments Helping New Zealanders Directly
    • Food Grants Guide
    • Food Banks Directory
      • Food Banks Auckland
      • Food Banks Northland
      • Food Banks Hamilton Waikato
      • Food Banks Wellington
      • Food Banks Christchurch
  • Motoring
    • Buying and Selling a Car
      • Car Valuations
      • Buying a Used Car
      • Selling a Car
      • Turners Cars Review
      • CarJam Review
      • CarJam vs MotorWeb Car Report Comparison
      • Top Cars that Hold Their Value
      • Vehicle Leasing
      • Car Registration in New Zealand
      • The Women's Guide to Buying a Car
    • Car Dealerships Explained
    • Everyday Driving
      • Costs of Owning a Car
      • 20 Ways to Make Driving Cheaper
      • Gaspy App Review
      • Parking Tickets
      • AA Membership Review
      • Best Car Batteries
      • Best Electric Cars
      • Buyer’s Guide for the 2023 Toyota Hilux
      • Buyer’s Guide for the 2023 Toyota RAV4
      • Buyer’s Guide for the 2023 Ford Ranger
    • Warrant of Fitness
      • Guide to Warrant of Fitness
      • Warrant of Fitness Auckland
      • Warrant of Fitness Hamilton
      • Warrant of Fitness Tauranga
      • Warrant of Fitness Lower Hutt
      • Warrant of Fitness Wellington
      • Warrant of Fitness Christchurch
      • Warrant of Fitness Dunedin
  • Law
    • Wills Guide
    • Separation Agreements
    • Prenuptial Agreements
    • Divorce Guide
    • Trusts Guide
    • Enduring Power of Attorney Guide
    • Living Wills Guide
    • Probate
    • Agreeable Review
    • Footprint Online Wills Review
    • Perpetual Guardian
  • Travel
    • Moving Overseas
      • Working Holiday Visas
      • Working Holiday Visas for 30+ Year-Old New Zealanders
      • Moving to Australia
      • Moving to London
    • Air New Zealand Specific
      • Air NZ Upgrade Guide
      • How to Redeem Air New Zealand Airpoints Dollars
      • Fastest Way To Earn Air NZ Status Points
      • Air New Zealand Koru Membership Review
      • Airpoints Flexipay Guide
      • Air New Zealand Travel Tips
      • Air New Zealand Refunds & Credits
    • Lounges, Upgrades, Car Hire & More
      • How to Get Access to Airport Lounges
      • Air New Zealand Skycouch Review
      • No Nonsense Upgrade Guide
      • Car Rental Hire
      • Auckland Airport Car Parking
    • Best of New Zealand
      • Auckland Travel for Less
      • 100+ Free Things to do in Auckland
      • Queenstown Like a Local
    • Hotels & Dining
      • Accor Plus Review
      • First Table Guide
      • Hotel Booking Sites Compared
    • Foreign Currency Exchange
      • Currency Converter
      • Australian Dollars Exchange Rate
      • American Dollars Exchange Rate
      • British Pound Exchange Rate
      • Canadian Dollars Exchange Rate
      • Euro Exchange Rate
      • Fijian Dollars Exchange Rate
      • Hong Kong Dollar Exchange Rate
      • Korean Won Exchange Rate
      • Indian Rupee Exchange Rate
      • Japanese Yen Exchange Rate
      • Malaysian Ringgit Exchange Rate
      • South African Rand Exchange Rate
      • Singapore Dollars Exchange Rate
      • Thai Baht Exchange Rate
      • Chinese Yuan Exchange Rate
  • Travel Insurance
    • Compare Travel Insurance
    • AMEX Airpoints Platinum Travel Insurance Review
    • Travel Insurance by Destination
      • Australia and the Pacifc
        • Australia Travel Insurance
        • Fiji Travel Insurance
        • Rarotonga Travel Insurance
      • Asia
        • Bali Travel Insurance
        • China Travel Insurance
        • India Travel Insurance
        • Japan Travel Insurance
        • Malaysia Travel Insurance
        • Singapore Travel Insurance
        • South Korea Travel Insurance
        • Thailand Travel Insurance
        • Vietnam Travel Insurance
      • Americas & Africa
        • Canada Travel Insurance
        • Peru Travel Insurance
        • South Africa Travel Insurance
        • USA Travel Insurance
      • Europe
        • France Travel Insurance
        • Greece Travel Insurance
        • Italy Travel Insurance
        • UK Travel Insurance
    • Specific Risk Cover
      • Do I Need Travel Insurance?
      • Pregnancy Travel Insurance
    • Travel Insurer Reviews
      • Southern Cross Travel Insurance Review
      • AMI Travel Insurance Review
      • State Travel Insurance Review
    • Essential Information
      • Basic vs Comprehensive Travel Insurance
      • Health Insurance vs Travel Insurance
      • ACC vs Travel Insurance
      • Australia NZ Reciprocal Health Care Agreement
      • Travel Insurance Excess Explained
      • Claiming on Travel Insurance
      • How to Renew a New Zealand Passport
      • What is TAANZ?
      • Travel Packing List
      • Travel Insurers Directory
      • Travel Insurance Glossary
  • Mobile & SIM
    • Compare Mobile Plans
    • SIM Only Mobile Plans
    • eSIM Plans
    • Apple Watch Buying Guide
    • Spark Mobile Review
    • 2degrees Mobile Review
    • One NZ Mobile Review
    • Kiwi Mobile Review
    • Mobile Data Roaming
    • Saily Review
    • Best iPhone Plans
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Best Dehumidifiers 2024: The Definitive Guide to New Zealand Homes

Our guide explains everything you need to know to buy the right dehumidifier at the best price.
Best Dehumidifiers NZ
Updated 2 January 2024
Summary
  • There are many options to fight high humidity in the house and minimize mould and dampness. Solutions include using a dehumidifier, growing plants, leaving open doors of rooms to allow good air circulation, taking regular cold showers, and even replacing carpets with wooden floors.
  • Using a dehumidifier is a sustainable and the most reliable option, but deciding what model to buy is not as easy as it sounds.
  • Our guide gives an overview of the problem of high humidity and explains everything you need to know about buying a dehumidifier that best fits your needs.

We cover:
  • ​Types of Dehumidifier (Refrigerant vs Desiccant vs Whole House Ventilation Dehumidifier) and How Much do they Cost?
  • Key Factors to Consider When Buying a Dehumidifier in New Zealand
  • Our Top Dehumidifiers for Everyday New Zealand Homes
  • Getting the most out of your dehumidifier

Know this first - why are dehumidifiers necessary?

  • The effects of high humidity on health should not be taken lightly. Besides ruining walls and giving off a damp smell, if left unattended, humidity could potentially put your health at risk by causing dehydration, fatigue, poor sleep, muscle cramps, heat exhausting, and even fainting. If you or any member of your family suffer from asthma, allergies, or arthritis, the situation could be even worse.
  • Mould issues with houses are common all over New Zealand; this Stuff.co.nz article suggested 49% of homes are affected.
  • Every house has a unique humidity situation - mouldy ceilings and rotten timbers are just some of the visible long-term damage caused by excess moisture.
  • What dehumidifiers do to tackle this issue is pulling out dampness from the air, restoring indoor humidity levels to a healthier (and more comfortable) range - with less water in the air, there's less mould and healthier living conditions.

Best Dehumidifiers NZ

​Types of Dehumidifier (Refrigerant vs Desiccant vs Whole House Ventilation Dehumidifiers) and How Much do they Cost?

​Depending on the technology used to tackle dampness, dehumidifiers can be classified into one of the following categories:

Option One: Refrigerant Dehumidifiers (the most common in New Zealand homes)

This is the most common type of dehumidifier you will find in stores like Noel Leeming or Harvey Norman. The reason is simple; refrigerant dehumidifiers are cheaper and relatively easier to install than the rest. They work by condensing moisture from the air into cold metal plates, a principle similar to what happens when moisture droplets condense on a window surface when cold. To cool the metal plates, this type of dehumidifier uses a refrigerant circuit (thus its name) a technology not different from what is used in a fridge.

The main disadvantage associated with refrigerant dehumidifiers is that their efficiency in removing moisture is dramatically affected when the ambient temperature is below 15 ° C. Imagine using your fridge outside during the winter. Internal coils will freeze, and the unit will simply stop working. High-quality dehumidifiers solve this problem by heating the internal radiator as necessary; however, such a solution make these units more expensive.

Refrigerant Dehumidifiers Highlights
  • They are cheap to manufacture since they use proven “heat pump” technology.
  • Refrigerant dehumidifiers work by cooling a metal surface to condensate moisture present on the air.
  • Unless they are equipped with defrosting features, this type of dehumidifier work best at room temperatures above 18°C.

Pros:
  • Widely available, cheap, and practical.
  • Easy to install and maintain due to their well-known refrigerant technology.
  • Most models are portable, meaning you can use them as required in different areas.

Cons:
  • They use a compressor, so you will be adding another power-hungry appliance to your electricity bill.
  • Dehumidifiers capable of working at “low room temperatures” are more expensive due to additional components that prevent coils from freezing. ​

Option Two: Desiccant Dehumidifiers

Unlike refrigerant-based dehumidifiers, desiccant dehumidifiers use hydrophilic materials to collect moisture from the air. These materials are similar to the silica gel crystals used in the packaging of electronic components or the non-toxic silica gel used in cat litter. Desiccant dehumidifiers work by drawing air from the room and passing it through the desiccant material which is then heated to remove the collected moisture. While it is true that desiccant dehumidifiers do not have the same capacity as conventional refrigerant-based models, it is also true that they are a better option in certain situations. For instance, desiccant units maintain their efficiency at low temperatures which make them a good option for New Zealand winters. They are also smaller and quieter than compressor-based dehumidifiers, a great advantage if high noise levels are an issue for you.

Desiccant Dehumidifiers Highlights
  • They do not use an internal compressor like conventional refrigerant units.
  • They use a desiccant media to collect moisture from the air (hence its name).
  • Desiccant units keep their efficiency at low room temperatures.

Pros:
  • Smaller and quieter than compressor-based units.
  • Good for regions like Auckland where low temperatures and high relative humidity may be a problem for conventional units.
  • These units arguably deliver a more balanced indoor moisture level thanks to their operation mechanism.

Cons:
  • Not as readily available as conventional dehumidifier units.
  • Lower capacity than conventional compressor-based units.
  • Modern refrigerant-based dehumidifiers are offering similar performance.

Option Three: ​Whole House Ventilation Dehumidifiers (least common in New Zealand homes)

Whole-house dehumidifiers are a special type of unit with enough capacity to extract moisture not just from one room, but from the entire house. These units are usually installed in parallel with the air conditioner ductwork, however, even without central air conditioning, they can be installed independently. This type of dehumidifier is perfect for families where one or more of its members suffer from asthma, allergies, or other respiratory problems. Whole-house dehumidifiers are also ideal if your basement is high in humidity. As you can imagine, a unit with the ability to extract moisture from such a large area is more expensive than smaller dehumidifiers. However, the higher upfront cost of whole-home dehumidifiers is compensated by its lower running costs as well as their greater reliability.

Whole-House Dehumidifiers Highlights
  • They have a higher capacity than any other type of dehumidifier.
  • Ideal for getting rid of mould and mildew caused by high humidity levels.
  • These units usually are installed in the basement along with central A/C appliances.

Pros:
  • Since they are installed on the basement and use the same ductwork as central A/C they are completely silent.
  • A good solution to tackle asthma, allergies, and other respiratory affections.
  • They provide a balanced humidity level across the entire house.
  • Lower running costs.

Cons:
  • They are more expensive than the smaller dehumidifier units.
  • They require professional installation.
  • Most units use 120VAC compressors.

How much does a dehumidifier cost to run?

According to Trustpower, running a 300W dehumidifier for 10 hours a day will cost between 63c and $1.42. Over a month, this will be about $19 to $45. 

Best Dehumidifiers NZ

​Key Factors to Consider When Buying a Dehumidifier for Homes in New Zealand

Now that you have a better understanding of how dehumidifiers work, it's time to review what are the most important features to look for in the unit.
  1. Dehumidifier type. Refrigerant, desiccant, or whole-home; the type of dehumidifier will be determined by your budget and weather condition in your region.
  2. Dehumidifier capacity. Each home has unique humidity conditions. Our suggestion is to choose whole-home dehumidifiers for areas greater than 300 square meters (4+ bedroom house), a 22L/day unit for areas up to 280 square meters (3 bedroom house), a 17L unit for areas up to 220 square meters (2-3 bedroom house), and a 9L unit for areas up to 100 square meters (1-2 bedroom apartment).
  3. Water tank capacity. The larger the better for upkeep.
  4. Temperature range. Try choosing units with the lowest temperature range possible, especially if you live in the North Island.
  5. Continuous drainage. A desirable feature since you won’t have to drain the tank each time it fills up.
  6. Air filtration capability. A big plus for any unit since will prevent respiratory affections.
  7. Noise level. The quieter the better. Desiccant units tend to excel in this regard.
  8. Humidity control. A must-have feature nowadays. Humidity control lets you select the relative humidity percentage at which the unit will stop. Think of this feature as the thermostat in an A/C appliance
  9. Timer. An energy-saving feature that is strongly recommended
  10. Portability. Depending on your needs you may want a unit with casters for easy relocation on different rooms as necessary.
  11. Power consumption. As low as possible. Whole-house units excel in this regard.
  12. Price. Our suggestion is buying dehumidifiers “off-season” since you can save up to 25% off RRP. 

Best Dehumidifiers NZ

Four of the Best Dehumidifiers Available in New Zealand Right Now

Choosing the best dehumidifier currently available in New Zealand is not an easy task. We have compiled our list (in no particular order) based on average consumer reviews collected from consumer-focused websites, technology publications and other sources, both in New Zealand and overseas.

Important: No dehumidifier manufacturer has paid to appear on this list, and MoneyHub has no relationship with any dehumidifier supplier or brand below.
Best Dehumidifiers NZ

​Panasonic 17 Litre Dehumidifier (F-YCL17N)

  • The first unit in our list is the reliable, affordable and proven Panasonic 17 Litre Dehumidifier. This 'refrigerant type dehumidifier' has a respectable 17L/day capacity enough to remove moisture in small to medium-sized rooms.
  • As you would expect from a modern dehumidifier, the ​Panasonic 17 Litre dehumidifier comes with a built-in defrost system allowing the unit to work at temperatures down to 5°C. You also have the ability to select the desired humidity level (thanks to its humidistat sensor).
  • Compared with other dehumidifiers in its range, the Panasonic 17 Litre Dehumidifier offers a good balance between cost and features.
  • Unfortunately, this particular model does not offer an air filtration system. However, high-end models like the F-YCL27 do include Panasonic's top-notch Alleru-Buster Filter system.

The ​Panasonic 17 Litre Dehumidifier's Main Features:
  • Dehumidifier Type: refrigerant (compressor) unit
  • Dehumidifying Capacity: 17 litres per day
  • Temperature Range: good down to 5°C ambient temperature 
  • Continuous Drainage: Yes
  • Air Purification System: No
  • Tank Capacity: 4.8 litres
  • Humidity control: Yes
  • Noise: 44-42dB
  • Motor Type: AC 230-240V 50Hz
  • Power Consumption: 300W
  • Casters: Yes
  • Timer: Yes
  • Pricing: Around $800

​See more details and specifications at Panasonic New Zealand
​Panasonic 17 Litre Dehumidifiers (F-YCL17N)
Best Dehumidifiers NZ

Mitsubishi Electric Oasis 16L Dehumidifier (MJ-E16VX)

  • ​The Mitsubishi Electric Oasis 16L Dehumidifier is a stylish unit offering a lot of cutting-edge features such as super-quiet operation (in the range of a desiccant unit), multi-directional drying, permanent drainage, humidity sensor, ultra-low temperature range operation thanks to its “hot gas defrost” system, and even a laundry mode.
  • A big plus of the Mitsubishi Electric Oasis 16L Dehumidifier is its built-in air purification system that removes pollen and dust as well as removing unpleasant odours from the air.
  • All in all, the Mitsubishi Electric Oasis 16L combines all the benefits from “refrigerant dehumidifiers” and “desiccant dehumidifiers” into a single unit (at a price).

The Mitsubishi Electric Oasis 16L Dehumidifier's Main Features:
  • Dehumidifier Type: refrigerant (compressor) unit
  • Dehumidifying Capacity: 16 litres per day
  • Temperature Range: good down to 1°C ambient temperature
  • Continuous Drainage: Yes
  • Air Purification System: Yes, Anti Bacterial
  • Tank Capacity: 4 litres
  • Humidity control: Yes
  • Noise: 37dBA (low operation speed), 41dBA (laundry mode)
  • Motor Type: AC 230-240V 50Hz
  • Power Consumption: 0.3 kW/hr (continuous running)
  • Casters: Yes
  • Timer: Yes
  • Price: Around $830

​See more details and specifications at Mitsubishi New Zealand
Mitsubishi Electric Oasis 16L Dehumidifier (MJ-E16VX)
Best Dehumidifiers NZ

Mitsubishi Electric Oasis 22L Dehumidifier (MJ-E22VX)

  • The Mitsubishi Electric​ Oasis 22L dehumidifier is the 'big brother' of the 16L unit above. Most of the features are the same with the obvious exception of capacity.
  • This unit is able to comfortably handle up to 22 litres of humidity per day, that is 37% more than the previous unit, for a price difference of approximately 13%.
  • As explained above, if your budget allows it, buying a larger dehumidifier may be a better option, even if you plan to use it in a small room, as it ensures better efficiency as well as greater flexibility in the future.

The Mitsubishi Electric Oasis 22L Dehumidifier's Main Features:
  • Dehumidifier Type: refrigerant (compressor) unit
  • Dehumidifying Capacity: 22 litres per day
  • Temperature Range: good down to 1°C ambient temperature
  • Continuous Drainage: Yes
  • Air Purification System: Yes, Anti Bacterial
  • Tank Capacity: 4 litres
  • Humidity control: Yes
  • Noise: 38dBA (low operation speed), 47dBA (laundry mode)
  • Motor Type: AC 230-240V 50Hz
  • Power Consumption: 0.39 kW/hr (continuous running)
  • Casters: Yes
  • Timer: Yes
  • Price: Around $930

​See more details and specifications at Mitsubishi New Zealand
Mitsubishi Electric Oasis 22L Dehumidifier (MJ-E22VX)

Best Dehumidifiers NZ

Getting the most out of your dehumidifier

A dehumidifier will give you the best results when the conditions are optimal. Our list below lists a number of tips to optimise the performance:
  1. Set the humidity level to a realistic number. The optimal humidity level is between 30 and 40 percent during the winter. If the level is set above 50 percent, mould, mildew and dampness will arise. 
  2. Place the dehumidifier in the right spot. Even though most models release air from the top, the freeflow of air is essential. Place it where there are no air restrictions - while it may look unsightly and stick out, this will ensure it operates at its potential.
  3. Close all windows and doors, and restrict under-door drafts. You won't see results unless every outside door and window is closed - otherwise you're dehumidifying the great outdoors. 
  4. Empty the tank regularly. You'll probably need to do this every day during winter. If you don't, it will stop working.
  5. Keep it clean. Follow the manual to ensure the filter is kept free of obstructions.

Frequently Asked Questions for Dehumidifiers NZ

Frequently Asked Questions

What types of dehumidifiers are there?

There are several types of dehumidifiers, including small, portable units, larger whole-house dehumidifiers, and dehumidifiers with built-in air purifiers. We explain Refrigerant vs Desiccant vs Whole House Ventilation Dehumidifiers above to help you decide what's right for you.

How much should I expect to pay for a dehumidifier?

Dehumidifiers range in price from around $100 to $700 or more, depending on the appliance's size, features, and quality.

What features should I look for in a dehumidifier?

Some features to consider when purchasing a dehumidifier include the size of the unit, the capacity to remove moisture from the air, the energy efficiency rating, and the noise level.

How do I choose the right size dehumidifier for my space?

 It is important to choose a dehumidifier that is the appropriate size for the space in which it will be used. A larger unit may be necessary for a larger room or one with high humidity levels, while a smaller unit may be sufficient for a smaller space.

Know This: You can use a dehumidifier in a small space, such as a basement or closet. However, choosing a unit that is appropriately sized for the space is important to ensure that it is effective at removing moisture from the air.

How do I maintain a dehumidifier?

To maintain a dehumidifier, it is important to regularly clean the air filter and empty the water tank according to the manufacturer's recommendations. It is also a good idea to check the unit for any visible signs of damage or wear and tear.

Can a dehumidifier reduce allergens in the air?

Yes, a dehumidifier can help reduce air allergens by lowering a room's humidity level. High humidity can create an environment that is conducive to the growth of allergens, such as mould and dust mites.

Will a dehumidifier make a noticeable difference in the humidity level of my home?

A dehumidifier can make a noticeable difference in a home's humidity level, particularly if the unit is properly sized for the space and used in combination with other humidity control strategies, such as using exhaust fans when cooking and showering.

Can I use a dehumidifier with central air conditioning?

Yes, a dehumidifier can be used in conjunction with central air conditioning to help improve the air quality and comfort in your home.

Can I buy a dehumidifier online?

Yes, you can buy a dehumidifier online through various retailers, including home appliance stores, home improvement stores, and online marketplaces.

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        • Where is AMEX Accepted?
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        • Qantas Credit Cards
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  • Banking & Savings
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  • KiwiSaver
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  • Travel Insurance
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  • Mobile & SIM
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  • Power
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  • Essential Money Tips
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      • 10 Hidden and Exorbitant Costs of Living in New Zealand
      • 10 Simple Financial Steps with Massive Future Payoffs
    • Money & Relationships
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      • Don’t Let Supporting Your Adult Children Ruin Your Retirement
      • Lending Money to Friends & Family
      • Guarantors - Loans and Mortgages
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    • Valuable Insights
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  • Financial Independence
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  • Life Essentials
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    • Shopping Resources
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    • Health & Personal Care
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  • Trade Services
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