A home loan is usually the biggest debt New Zealanders will have but many homeowners are not aware of even the basics on mortgage repayment and home loan terminology, according to the results of New Zealands first Adult Financial Knowledge Survey. 30-12-1899 more >>
Not only has the prospect of lower floating rates receded well into 2006, but now the market is beginning to suggest further tightening. 30-12-1899 more >>
Legislation establishing information sharing between Housing New Zealand and the Ministry of Social Development will be considered by a parliamentary committee. 30-12-1899 more >>
Earlier this month the report of the Social Services Select Committee on the Residential Tenancies (Damage Insurance) Amendment Bill was finally presented to Parliament. 30-12-1899 more >>
Investor confidence slipped from record highs amid financial turmoil but has started to recover, according to a quarterly ASB survey 30-12-1899 more >>
Most lenders have now re-priced their mortgage ranges in response to the latest increases to the cost of their funding but some are fine-tuning and others are still catching up. 30-12-1899 more >>
Apartment investors who bought Queenstown units developed by Aucklander Tim Manning are caught up in a tax struggle, after Inland Revenue sent out notices last month demanding $2.2 million in unpaid gst. 30-12-1899 more >>
The $22.6 million of new Budget funding for housing needs to be focused on identifying and removing the obstacles facing young families looking to buy their first house, United Future housing spokesman Paul Adams said today. 30-12-1899 more >>
Economists expect the Reserve Bank will raise the official cash rate (OCR) this week with much of the debate centring on just how much. 30-12-1899 more >>
Reserve Bank governor Alan Bollard produced few surprises in leaving interest rates unchanged and firmly ruling out any easy this year. 30-12-1899 more >>
After a succession of mortgage rate increases in recent weeks banks in the ASB group have bucked the trend with several reductions on fixed term loans. 30-12-1899 more >>
James Weir of the Dominion Post reports that business confidence is rebounding despite high interest rates and a high flying dollar and economists say this is another sign of "remarkable resilience". 30-12-1899 more >>
New Zealand house prices and sales volumes unexpectedly surged upwards in the quarter to December 2004 as fierce competition between the major banks over that period continued to postpone the mortgage interest rate rises many had expected. 30-12-1899 more >>
The National Party has confirmed one of the worst-kept secrets of the election campaign - that it will bring back market rents for state houses. 30-12-1899 more >>
Building Research, the building and construction sector’s leading research investment organisation, and the Centre for Housing Research, Aotearoa New Zealand (CHRANZ) are to jointly fund research to establish what measures could best encourage the uptake of energy efficiency features for new and existing houses in New Zealand. 30-12-1899 more >>
