As expected, Reserve Bank governor Alan Bollard raised interest rates and waved a big stick at 'the relentless housing market' and household spending, threatening further rate hikes if they don't calm down. 30-12-1899 more >>
Last week had with some good news for borrowers with Kiwibank dropping some of its fixed rate home loans in an effort to capture some of the refinance business in the market. 30-12-1899 more >>
Nobody could fail to notice the underlying threat to Treasury which was inherent in Alan Bollard's Official Cash Rate (OCR) announcement today 30-12-1899 more >>
Last week Michael Littlewood, a member of the Task Force on Private Provision for Retirement, raised five fallacies in the superannuation debate, saying it is powered by `alarmist nonsense' and `dodgy data.' In the final of his two-part series, he analyses home ownership and what he describes as the biggest fallacy of all - that Kiwis don't know what's good for them. 30-12-1899 more >>
Housing New Zealand apologised to a tenant after an election hoarding was taken from a property it owns in the Dunedin suburb of Brockville. 30-12-1899 more >>
People will be able to search the names of bad tenants and landlords from July on a Government website, with all Tenancy Tribunal decisions available online. 30-12-1899 more >>
Bank of New Zealand is the clear winner in the mortgage market price war, even though its market share hasn't budged in the last year, according to managing director Peter Thodey. 30-12-1899 more >>
New Zealand’s declining rate of homeownership is a problem, both economically and socially, but there are options available that can reverse this trend and make homeownership a reality for many low and modest income households who are currently priced out of the market. 30-12-1899 more >>
The key feature in the home loan rate market during the past week has been Bank of New Zealand’s move to lower its no-frills two and three year rates another 10 points each to 7.45%. The only other bank to move in this period was HSBC which dropped all its fixed year rates for terms of two years or more. 30-12-1899 more >>
Suggestions by John Key that the government is considering imposing a capital gains tax on investment property are 'absolute nonsense,' Finance Minister Michael Cullen said today. 30-12-1899 more >>
The recent hectic pace of fixed rate decreases slowed in the last week, but this week began with movement in the two-year part of market. 30-12-1899 more >>
Well it had to happen – another price war looks like breaking out, and once again it is the Bank of New Zealand which is starting the fight. 30-12-1899 more >>
ANZ is continuing to recommend that borrowers take a balanced approach to borrowing although the Reserve Bank is expected to keep interest rates on hold for longer than previously expected. 30-12-1899 more >>
Green MP Sue Bradford says Act's attack over a $1 million state house being rented for $75 shows they want to ghettoise low-income tenants, rather than compassionately address the housing shortage in Auckland. 30-12-1899 more >>
Economists are not expecting the Reserve Bank to cut the official cash rate this week, and they have a range of views about when the bank will start to ease monetary policy. 30-12-1899 more >>
