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Seasonal workers in NZ being taught how to invest money wisely

Radio New Zealand International:

Friday, 21 March 2014

Pacific workers in New Zealand are being assisted to spend their money wisely, as part of an educational campaign to help workers and boost Pacific investment.

The Pacific Islands Forum's trade office in Auckland, Pacific Trade and Invest, is running Financial Literacy and Investment Opportunity seminars, and held one in Blenheim last night.
The High Commissioner of Vanuatu, Mckenzie Kalotiti, says for most of the workers, dealing with money is like being in a different world.

The Acting Trade Commissioner of Pacific Islands Trade and Invest, Manuel Valdez, says there's constructive ways to invest back home.

"We want them to save their money wisely and invest that hard-earned money when they go back to their home countries. So that's why the seminar focuses on the financial literacy and at the same time giving them a list of investment opportunities. They can go into piggeries, stores, aquaponics, petrol stations, shuttle bus."

Manuel Valdez says many Pacific countries are taking part in the scheme.

Read/Listen to story: Radio New Zealand International

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