‘The market has moved underneath them’: Separating couples watching house prices fall
They had already decided to separate, but now have one income, significant debt, and a house that has…
The average KiwiSaver balance for your age
Average balances increase with age, and men have higher averages at every level except among the oldest KiwiSaver…
Almost 20% of townhouses selling for a loss
The St Andrews Rd townhouses were bought for $2.15 million and $1.99m, respectively in 2022, and resold in…
How can foreign butter (and veges) be cheaper than New Zealand-made?
Simplicity chief economist Shamubeel Eaqub said imported butter had been cheaper than export prices for the past two…
Mercury customers mistakenly told they hadn’t paid
Suraiya Phillimore-Smith, Mercury’s chief customer officer, said it had identified some customers had received payment support information in…
Farm-work pay rising, offering young people a quicker path to higher wages – report
“Average annual salaries in our sector jumped 13% between 2022 and 2024, with a weighted average rise of…
AI tells tenant she should ask for $40,000 – tribunal hands her $80
“What we received was a total of 215 pages, made up of the application, evidence, photographs, and a…
Building industry will get ‘tanked’: Crisis is looming as construction costs soar, experts say
“This is going to hammer the construction market, housing, infrastructure everything. At the same time that interest rates…
Ford hybrid owners ‘could ask for compensation’ over battery fire hazard alert
“However, as an added safety precaution, Ford has asked customers to limit the charging to 80% and drive…
Push for a Temu tax to level the playing field and support local retail firms
As a subset, children and babywear shops were still experiencing activity near 2016 levels. Zollner said it was…
Building boom creating ‘gentrified’ suburbs where renters are disappearing
Ruakura in Hamilton had a similarly large increase in owners. In 2013, it was 50% renting households, but…
What now for home loan rates? – Business News
The Reserve Bank opted to hold the official cash rate at 2.25% on Wednesday, but indicated it was…