Westpac cuts home loan rates as mortgage competition intensifies
General manager of product, sustainability and marketing Sarah Heran said it would mean the one-year special rate had…
What you need to be among New Zealand’s richest people
Here’s how it breaks down. To be in the top 50%: For households: At least $524,788 For individuals:…
What will changes to sick leave and annual leave entitlements mean for you?
Every year after that, they get another 10 days’ sick leave. Under the Holidays Act 2003, the number…
Bank offers $4000 to help with renovations as borrower faces forced sale
The average reported loss rose from $80,000 last year to $88,000 this year. Complaints related to property lending…
First-home buyers’ 10-year, $260,000 rent bill to save deposit
Ten years ago, a buyer would have taken about nine years to save the deposit and would have…
How the NZ economy is tracking after gloomy GDP figures
The unemployment rate was 3.7% in June 2023 and is now 5.2%. Infometrics chief forecaster Gareth Kiernan said…
KiwiSaver choice that could cost retirees almost $30,000
But they may be investing too much in lower-risk funds that tend to have lower returns. Research in…
Former Finance Minister Roger Douglas calls for Nicola Willis to resign after GDP slump
Willis said Prime Minister Christopher Luxon had confidence in her to keep growing the economy and she had…
Which sectors pay more than a median $100,000 salary?
It showed workers in mining, manufacturing, electricity and gas supply, rail, water, air and space transport, telecommunications, finance…
Wellington falls to bottom of ASB’s economic scoreboard; Bay of Plenty star performer
The Central Lakes District was third. Chief economist Nick Tuffley said there was a general theme of South…
Here are 7 things that may be sucking your savings dry — plus what to do to stop the bleeding in your budget
Wasting money rarely happens in big, dramatic blows. Instead, it’s highly likely that your budget is suffering from…
Wellington house prices slump 30% from peak, QV says
Auckland, Whangārei, Hamilton, Napier, Palmerston North, Christchurch and Dunedin also recorded drops. Spokeswoman Andrea Rush said Wellington values…