Government 4% rates cap puts pressure on Tauranga council services
If implemented, the rates cap would not come into force until in 2028. With annual rates increases of…
Reserve Bank Governor Dr Anna Breman finally talks market down, as ANZ the latest to hike mortgage rates
ANZ is hiking its 18-month and two-year mortgage rates by 20 basis points, and its three, four, and…
Co-operative Bank hikes mortgage rates by massive 30 basis points
The bank’s standard two-year fixed rate will increase from 4.99% to 5.29%, while its three-year term moves from…
Reserve Bank Governor says there is no preset course for monetary policy after Westpac hikes interest rates
She declined the opportunity to explicitly talk the market up or down. Rather, she stressed a couple of…
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…
Should you fix your mortgage now as rates fall below 5%?
ANZ economist David Croy said the big question for borrowers was when would be the appropriate time to…
Mortgage rates: TSB introduces 4.39% one-year fixed rate, putting bank ahead of competitors
“As a community-owned bank, we’re here to support Kiwi, and this is one of the ways we’re showing…
Christopher Luxon gets rates relief after challenging luxury Waiheke property valuation
Onetangi Beach on Waiheke Island. Residents have received a fast revaluation service from the council relative to other…
ASB cuts fixed term morgtage rates: New 18-month rate of 4.45% puts bank ahead of others
ASB’s 18-month rate comes down to 4.45%, just lower than ANZ, BNZ, and Westpac’s 4.49%. Its two-year rate…
BNZ cuts mortgage rates to match rivals ahead of OCR announcement
ASB, ANZ and Westpac cut their two-year fixed rates to 4.65%. The five major banks, including Kiwibank, dropped…
Ratepayers struggle with cost of living as Qld councils increase rates to alleviate financial pressures
A coffee date in town was once a weekly treat for Fe and Eddie Monteiu — now it’s…