The Government should not try to manipulate the housing market - in an effort to contain inflation - with regulations which will backfire, say leading industry sources. 30-12-1899 more >>
The latest Reuters survey shows eight of 14 economists expect no change to the official cash rate (OCR), currently a 6.5%, but six expect Reserve Bank governor Alan Bollard will raise the rate to 6.75%. 30-12-1899 more >>
Reserve Bank of New Zealand governor Alan Bollard took another swipe at mortgage lenders and Kiwi borrowers in a speech last week, which re-emphasised the high chance of an official rate hike next month. 30-12-1899 more >>
New Zealanders are so keen to buy property that more than half would buy with
friends or family, according to a survey by Wizard Home Loans. 30-12-1899 more >>
The Reserve Bank has, as expected left the OCR unchanged, but again has warned that a future increase is still a possibility. Read the bank's statement here. 30-12-1899 more >>
The OCR will increase by 25 basis points to 8.00%. Reserve Bank Governor Alan Bollard said: 'Domestic demand has grown strongly since late 2006, particularly in the household sector.' 30-12-1899 more >>
The NZPIF responds to the announcements made by the Minister of Building and Construction at the annual NZPIF Conference on 21 October. 30-12-1899 more >>
The man who tried to rescue a girl killed in a Papatoetoe house fire two months ago has launched a petition for all rental homes to be fitted with smoke alarms. 30-12-1899 more >>
Hurricane Katrina and its lasting inflationary impact on world and New Zealand financial markets is the key concern presently, against a backdrop of the spring mortgage campaign season getting underway. 30-12-1899 more >>
As the private landlord of an apartment, he says tenants have let him down many times, scarpering without paying rent, leaving him feeling powerless. 30-12-1899 more >>
Following a report on falling rates of home ownership, Andrew King, Vice President of the NZ Property Investors' Federation, said people on $70,000 a year had to look at their other spending if they can't buy a house. 30-12-1899 more >>
The Salvation Army represents low-income New Zealanders and obviously has their interests at heart with its suggestion that the Government increase its spending on housing for low-income earners and beneficiaries. 30-12-1899 more >>
While mortgages covering 100% of a house’s purchase price are in fashion, particularly given the government’s desire to increase home ownership, one lender is now offering loans covering 102.5% of the purchase price. 30-12-1899 more >>
“The Housing NZ loophole which has allowed some state house tenants to profiteer off the goodwill of the taxpayer must be closed down,” says National Party Housing spokesman Phil Heatley. 30-12-1899 more >>
As well as reaching a key milestone in announcing its maiden profit, Kiwibank is continuing to increase its share of the mortgage market, although its book is still relatively tiny. 30-12-1899 more >>
ACT and National say Labour has an anti-landlord policy which includes 'warrant of fitness' checks on rental properties and plans to give problem tenants free legal representation but deny it to landlords. 30-12-1899 more >>
Estimating the number of leaky homes and how it would take to resolve claims would be meaningless, Department of Building and Housing chief executive Katrina Bach said yesterday. 30-12-1899 more >>
Home Loan report: Borrowers waiting out for a fall in home loan rates remain out of luck at the moment as the only movement is upwards. 30-12-1899 more >>
Dwelling unit approvals look to be trending back upwards in a move that could add to pressure on the Reserve Bank to lift interest rates at its review next Thursday. 30-12-1899 more >>
Responding to the Government's energy efficient plans announced yesterday, the NZ Property Investors' Federation (NZPIF) President Martin Evans said the Federation was opposed to any measures to make its members compulsorily insulate their homes. 30-12-1899 more >>
Rounding off our series on buying apartments, Catherine Smith takes an in-depth look at body corporates - which make the rules that apartment-dwellers live by. 30-12-1899 more >>
Loan Market mortgage brokers could be cross-selling up to 70% of their lending clients into insurance products, according to the group's CEO, John Tanner. 30-12-1899 more >>
