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![Auckland house sales fall](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland house sales fall
Auckland's biggest real estate agency, Barfoot & Thompson, said their house sale volumes fell in July, blaming winter and the election.
![Home loan affordability rises](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Home loan affordability rises
Home loan affordability across the country increased in June - albeit only slightly - a new report has found.
![Inflation holds steady](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inflation holds steady
Inflation held steady in the June quarter as gains in power prices and home rentals were offset by cheaper package holidays, vehicles and liquor.
![Auckland's $369 a day house price rise](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Auckland's $369 a day house price rise
Auckland house sales data for June is out, showing a slight decline in sales volumes but average sale prices up $11,088 - that's a daily price rise of $369.60.
![Rising interest rates dent business confidence](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Rising interest rates dent business confidence
New Zealand business confidence slid this month and rising interest rates have been fingered as the culprit.
![Aussie foils RBA as growth rivals kiwi, pound](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Aussie foils RBA as growth rivals kiwi, pound
Australia is forecast to be among the fastest-growing economies this year, making it harder for the central bank to convince currency investors it won't raise interest rates.
![Brian Fallow: Greed not good in governors' eyes](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Fallow: Greed not good in governors' eyes
Bank bosses argue capitalism must a regain sense of social responsibility to restore public faith in its virtues.
![Do junk bonds deserve a nicer name?](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Do junk bonds deserve a nicer name?
Junk bonds are back, though in truth they never went away and we've lost track of what these bonds actually were and are: Instruments that allow riskier ventures to be funded.
![Business confidence drops 9 per cent](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Business confidence drops 9 per cent
New Zealand business confidence extended its slide from a record high to a third month, in the face of rising interest rates, declining dairy prices and a persistently high kiwi dollar.
![Gradual LVR easing tipped by bank](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Gradual LVR easing tipped by bank
The Reserve Bank is indicating the removal of restrictions on high loan-to-value home loans may be gradual rather than a now-you-see-it, now-you-don't affair.
![Economy still trucking along despite interest rate rises](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Economy still trucking along despite interest rate rises
ANZ says its Truckometer indicator is still pointing to an economy trucking along at a solid clip.
![Brian Fallow: Wheeler fires exchange rate warning shot](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Brian Fallow: Wheeler fires exchange rate warning shot
Graeme Wheeler pointedly reminded us of his power to intervene if the kiwi dollar continues to climb while export commodity prices fall, writes Brian Fallow.
![RBNZ may intervene to sell currency - Wheeler](/pf/resources/images/placeholders/placeholder_l.png?d=793)
RBNZ may intervene to sell currency - Wheeler
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.
![Rates rise, but this time we're ready](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Rates rise, but this time we're ready
Homeowners are bracing for another rise in mortgage interest rates but experts say most are prepared with better spending habits and contingency plans.
![Interest rates hiked to 3pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Interest rates hiked to 3pc
The Reserve Bank has increased the Official Cash Rate by 25 basis points to 3 per cent this morning.
![Inflation rises less than expected](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Inflation rises less than expected
Consumer prices rose 0.3pc in the first quarter as a hike in tobacco taxes was offset by cheaper in-season vegetables.
![Want a house? Head to Wanganui](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Want a house? Head to Wanganui
If you're in your 20s and about to buy a house, you're best off in Wanganui and worst off on Auckland's North Shore.
![BNZ lifts interest rates](/pf/resources/images/placeholders/placeholder_l.png?d=793)
BNZ lifts interest rates
BNZ has increased its mortgage rates today leaving Westpac as the last major bank yet to make a move in the wake of the official cash rate rise.
![Full steam ahead on interest rate rises](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Full steam ahead on interest rate rises
Reserve Bank governor Graeme Wheeler has signalled an aggressive, front-loaded start to the interest rate cycle now under way.
![Dollar jumps on OCR hike](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dollar jumps on OCR hike
The New Zealand dollar jumped to a five-month high after the Reserve Bank raised the benchmark interest rate as expected and signalled further hikes are on the way.
![Shadow board backs OCR rise](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Shadow board backs OCR rise
NZIER's shadow board is emphatically in favour of an increase in the official cash rate tomorrow.
![OCR rise: savers to benefit](/pf/resources/images/placeholders/placeholder_l.png?d=793)
OCR rise: savers to benefit
Savers should expect to feel some relief from next week with economists predicting short-term deposit rates to head up in line with a predicted increase in the official cash rate.