Three Android phones: (L-R) Oppo Find X2 Pro, Samsung Galaxy A71, Samsung Galaxy A10
Three Android phones: (L-R) Oppo Find X2 Pro, Samsung Galaxy A71, Samsung Galaxy A10

MoneyJune 23, 2020

A 2020 buyer’s guide to Android phones in New Zealand

Three Android phones: (L-R) Oppo Find X2 Pro, Samsung Galaxy A71, Samsung Galaxy A10
Three Android phones: (L-R) Oppo Find X2 Pro, Samsung Galaxy A71, Samsung Galaxy A10

When the iPhone owns less than half the market, what are the best Android alternatives at every budget?

Getting a new phone can be one of life’s little pleasures. Many of us hang onto our handsets for two years or more, so when that magic upgrade day finally rolls around, no one should be begrudged the enjoyment of a little retail therapy.

If you want an iPhone there’s only three choices: iPhone SE, iPhone 11 or iPhone 11 Pro. iPhones have 41% market share at the time of writing, but that means 59% of the smartphones in Kiwi pockets are Android – phones that run Google’s Android operating system.

What are your options?

There are fewer Android manufacturers selling in New Zealand than other countries. Europe is the best region for Android diversity, while India, China and the US have their fair share of choices. Over here, you’re looking at Samsung, Huawei and Oppo with a bit of Nokia thrown in occasionally.

Samsung is so ubiquitous with Android that some people think it’s the only Android brand. This is wrong, but the Korean giant sells phones in almost every country at every price point. It’s known for good-looking hardware and bright, attractive software.

Chinese company Oppo is a slow-burn success in the West. Its latest phones have brought it right up to speed, besting Samsung in some cases for sheer design and specs at lower or similar prices.

You may well have had a trusty Nokia back in the day, but now the brand name is licensed by another Finnish company called HMD. HMD manufactures the phones and puts the Nokia name on them, but the quality is still there and if you want a simple Android phone, they are a solid choice.

Getty Images

What about Huawei?

Unfortunately, I can’t recommend Huawei phones released since May 2019 due to the ongoing trade ban the company has in the US. It means Huawei’s latest phones can’t run Google services, which means no Gmail, no Google Maps and no Play Store for your favourite apps. That’s the reason this list is full of Samsung and Oppo phones, the best alternatives now that President Trump has sadly stunted Huawei’s momentum.

Things to consider

According to research firm IDC in early 2019, New Zealanders were spending more on smartphones as time went on. Spending on low-end phones declined 19% from 2018, but that was pre-Covid. Now, you might be looking to spend a little less if the phone in your pocket is giving up the ghost.

The most important thing to consider is what you can realistically afford. Your head might want the $2,000 phone on the golden plinth in the shop but if your heart knows the $700 option hiding below it will do everything you need, then it’s probably going to pay off (literally) if you go for the latter.

In New Zealand, it’s common for Android phones to be sold locked to one of the big networks, even if you’re buying the phone outright from a retailer or the manufacturer. Double check that you’re buying a completely unlocked phone or one locked to the network you want to use.

If you are buying on contract, consider if you can afford a 24- rather than 36-month contract so you’re locked in for two years of payments instead of three. Contracts with a phone are pricey in New Zealand for not much mobile data, so if you can afford to buy a phone outright, you might be able to afford a better monthly data plan.

Here are my picks of the best Android phones for three budgets: low-end (up to $300), mid-tier ($300-$800) and high-end ($800+).

The low-end (up to $300)

There is nothing wrong with spending under $400 on a smartphone. When you consider the apps and services that the Google Play Store provides, you can do everything on a $100 phone that you can do on a $1,000 phone. That said, a $100 phone will be incredibly frustrating to use with a grainy screen and very slow performance.

Nokia 1.3 ($169) 

The cheapest Android phone I recommend is the Nokia 1.3. Thankfully, it does a good job with the build quality and software even at this price, and generally all cheap Nokia smartphones are fine for light use.

The Nokia 1.3 is the phone to get if you want to spend as little as possible and only really want to use calls, texts, Facebook, maps and email. Anything else and the little guy will struggle. The camera is really only there for appearances, but it has a 5.7-inch screen, a headphone jack and a version of Android that will be updated to the next version – not something every Android phone gets.

Samsung Galaxy A10 ($219) 

The Galaxy A10 aims to bring the allure of Samsung’s expensive S20 phones into a sub-$300 phone. It looks a lot like the Nokia 1.3 with a teardrop shaped notch in the display for the front facing camera and a plastic build.

Like the Nokia there’s no fingerprint sensor but the camera offers a quick way to unlock the phone with your face. It has a large 6.2-inch screen and a decent size battery but don’t expect to be playing Fortnite on it, as performance is weak. Then again, you get Samsung’s latest Android 10 software and a screen big enough to watch a few Netflix episodes on comfortably.

If you prefer, the Nokia 4.2 will also do you well at around $300.

(L-R): Oppo Find X2, Samsung Galaxy S20, Nokia 1.3

The mid-tier ($300-$800)

For this price you’ll get a phone you won’t want to throw against a wall if you try and use anything more than maps and email. You’ll get better cameras and displays, too.

Oppo A72 ($499) 

Oppo is doing a great job of stepping up at a time where Huawei’s new phones can’t run Google services. Oppo’s software has got so much better recently, making its phones a pleasure to use. The A72 is no different, and exemplary of great value for money in the Android world.

There’s a striking purple version with a sharp HD display, decent four camera array on the back that can shoot 4K video, dual stereo speakers and a huge battery that might last lighter users two days without charging.

Samsung Galaxy A51 ($699) 

This phone was the best-selling Android phone in the world for the first half of 2019, and with good reason. It has a lovely bright, sharp screen, very fast charging, four rear cameras and a futuristic design.

It suffers a little in performance, but the software is excellent and it’s one of the easiest phones to get hold of in the country – often at a heavy discount if you shop around.

The high-end 

The most likely price bracket where you’ll want to buy into a contract instead of buying outright, but these are the best spec Android phones you can get right now in New Zealand. The newest will include 5G compatibility.

Oppo Find X2 Pro ($1,899) 

The best premium Android phone you can buy at the moment is the 5G-ready Oppo Find X2 Pro. It’s the first time that I’ve preferred an Oppo device to the Samsung equivalent.

It’s got a 120Hz display that makes everything look smoother, amazing cameras that rival a DSLR in some situations, solid battery life, huge 512GB storage, a pin-sharp screen and performance that makes it a top phone for gaming. Oppo’s Android software has also had a makeover so it’s much nicer to use now.

For the price you might expect wireless charging but instead Oppo bundles a charger than can charge the phone from dead to full in around half an hour. I prefer that convenience, but you might not.

If you want Oppo quality for less, the excellent Reno 10x Zoom is now around $1,000.

Samsung Galaxy S20 range (from $1,499) 

The Galaxy S20 is the safest bet in premium Android. You get excellent everything – cameras, 120Hz smooth screen, waterproofing, speakers, performance and design. In New Zealand, the $1,499 regular S20 is 4G-only, so if you want 5G you’ll have to get the $1,899 S20 Plus, which has a bigger screen and battery (5G phones still work with 4G SIM cards, by the way).

2019’s Galaxy S10 phones are still a good choice too if you can find them cheaper and don’t mind not having 5G. They have headphone jacks, where the S20 phones do not.

I think the $2,199 Galaxy S20 Ultra is overkill with a too-big design and only 128GB storage. Its 100x zoom camera, which makes the unit bulky, isn’t good enough to warrant the expense either.

Keep going!
Photo: Getty Images
Photo: Getty Images

MoneyJune 16, 2020

Risky business: Why playing it safe with your finances isn’t always the best bet

Photo: Getty Images
Photo: Getty Images

‘Risk’ isn’t a popular concept in these uncertain times. But financial advisor Jas Gill says rather than running for the hills, we should think about our goals and assess the risks accordingly.

In a global pandemic, fear is probably the only thing more contagious than the virus itself. Fear breeds panic and panic leads to rash decisions, which is why in March – when thousands of KiwiSaver balances started to plummet – many investors rushed to switch from share-heavy growth funds into more cash-based conservative funds, amounting to a sell-off of $1.4 billion. This was in spite of the general advice from experts at the time to stay put.

Jas Gill, an authorised financial adviser at Kiwi Wealth, says one reason for the mass exodus could be a lack of understanding around how high-risk funds work.

“I think a lot of people don’t really know what the risk of investing actually is, and that investing in things like shares comes with volatility,” he says. “It could be that some investors have never had a chat around how their portfolio could behave in different market conditions. The more informed investors basically sat tight because they had their long-term goals in mind and they knew that markets could go up and down.”

Fund managers are concerned that many who switched, spooked by the experience, will likely never go back to more share-heavy investments. Outside of KiwiSaver, those with savings might also decide to opt for “risk-free” investments like term deposits instead. And while a “better safe than sorry” approach might be suitable for some, taking on some level of risk is crucial to achieving larger financial goals, particularly ones that come with a hefty price tag like retirement or buying a first home.

“You need to take on risk in order to grow your money. If we’re talking about retirement, there are going to be a lot of Kiwis that won’t be able to afford the lifestyle they’re after if they don’t invest for those goals,” says Gill.

“If they don’t take risks, inflation [the rate of price increases] will likely eat into their investment value. Right now inflation is 2.5%, which means the cost of living is going up by about that much, [so you want] the value of your investment to increase at least in line with that.

“But if you put your money in the bank right now, where 2.2% seems to be the going term deposit rate, it’s actually less than inflation. You take tax off that and effectively you’re sitting at 1.82% and that’s assuming the lowest tax rate is applied.”

Taking on risk is obviously intimidating, especially in today’s turbulent times. As a concept, risk can conjure up negative connotations like fear, uncertainty, loss, and even gambling. No one wants to wager their retirement on a losing bet, but there are many ways to mitigate the risks involved in investing, like diversifying your investments. That’s why KiwiSaver funds invest in a range of different assets such as bonds, cash, property and shares.

Market risk isn’t the only type of investment risk either. Liquidity risk, for example, is the risk of being unable to sell your investment at a fair price and get your money out when you want to.

“For example, let’s say you buy shares in company X and you want to sell those shares but you can’t find buyers. You’ve got a risk of liquidity there because you can’t turn your investment into cash quickly,” explains Gill.

“Particularly in New Zealand, our market’s pretty small, so if you want to try and sell tens of millions of dollars of shares, it can take a while to find buyers. And if you try to sell so many shares in one go it can also drive the price down, so that has to be timed. That’s one of the reasons we invest globally at Kiwi Wealth because compared to the rest of the world, we’re only tiny.”

Another form of risk has to do with the quality of your investment. For example, if a company you’re investing in has a proven track record, a competitive advantage and a clear business model that’s financially built to last, then the level of quality risk you’re taking on is low. But if your investment is based on what you see in the media, a sudden spike in the price of shares, or the company only has a single source of income, then it’s likely you’re taking on more quality risk than you should. After all, not all companies that look like gold mines are going to turn into the next Apple, which is why Gill says it’s important to do the homework.

“Quality is a risk you’ve got to manage because you don’t want to buy into companies where, if things start to go south in the world, they’re not able to survive those conditions,” says Gill. You want them to be able to get through [tough times] and come out stronger, which is why it’s so important to research the companies you invest in.”

While many have fled from high-risk investments like shares due to the volatility caused by Covid-19, others are making the most of the sharemarket dip to go on the hunt for bargain deals. So is it the right time to be investing right now? Or has the lingering threat of Covid-19 simply made things too risky?

Ultimately, it depends on your financial goals. If you’re looking to cash in your investment for a lush retirement 20 to 30 years down the line, then it could very well be a good opportunity. But if you’re looking for funds to buy your first home in Auckland in just six months’ time, then maybe not so much.

“Assess your risk accordingly – nothing’s personalised until you personalise it,” says Gill.

“It’s about having time in the market, not trying to time the market, since there’s always going to be volatility.”

This content was created in paid partnership with Kiwi Wealth. Learn more about our partnerships here