Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
Letters: We don’t need a rates cap; What a life sentence to hand to our young
It does concern me, though, that this latest initiative seems to be based more on anecdote than evidence…
Why a rates cap isn’t the answer – Phil Goff
The Government likes to talk of cutting back “nice to haves” but the big cost areas in local…
Fears of a massive spending spree ahead of rates cap
“The rate capping needed to be effective from 2026. That’s what ratepayers have been asking for. Whakatāne Action…
NZ stocks end firmly as outlook brightens – Market close
The Reserve Bank this week cut its Official Cash Rate to 2.25% and forecast GDP growth of 2.8%…
South Korea central bank maintains rates as won weakens
Economy Bank of Korea keeps lid on excessive borrowing amid heated housing market The Bank of Korea’s policy…
Reserve Bank Governor Christian Hawkesby comfortable, despite markets suggesting fixed mortgage rates might rise soon
Asked on Thursday morning what he made of swap rates rising, Hawkesby told the Herald, “I think we…
Election 2026: National’s KiwiSaver contribution proposal would lead Government to get more money from Employer Superannuation Contribution Tax
National is suggesting increasing employer contributions by 0.5% per year over four years, taking it from 4% in…
Election 2026: National promises to lift default KiwiSaver contribution to 12%
The change would be phased in, going up 0.5 percentage points a year a year from 2029. “If…
Metallica at Eden Park drives Auckland hotel prices above $1000 a night
The cheapest rate was $1399 at Proximity Apartments close to Auckland Airport. The most expensive hotel available was…
Auckland rates dispute: Council to revalue all properties in Ōnetangi hotspot, community divided
“A lot of them own other properties – and they are asking for a discount?” Last month, the…
Consumer confidence and lower interest rates driving mortgage activity
“The continued decline in the OCR is beginning to reshape New Zealand’s credit landscape, providing a much-needed boost…