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![$572pw: Auckland's mortgages soar](/pf/resources/images/placeholders/placeholder_l.png?d=793)
$572pw: Auckland's mortgages soar
Homes are at their most affordable in six years - apart from in Auckland, where the average weekly mortgage is more than $570 a week.
![Stocks slide overnight as China hikes rates](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Stocks slide overnight as China hikes rates
Stocks in Europe and the US slid as China unexpectedly increased its benchmark interest rate and after Apple's earnings forecast fell short of some expectations.
![Tame inflation may show high dollar is doing Bollard's work](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
![Start buying houses, says Kiwibank boss](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Start buying houses, says Kiwibank boss
New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.
![Economic recovery 'brittle' - Bollard](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Economic recovery 'brittle' - Bollard
The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.
![Extended retail deposit guarantee gets little traction](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Extended retail deposit guarantee gets little traction
Only seven companies - including the three "Heartland Bank" merger partners - have signed up for the Crown's extended retail deposit guarantee scheme.
![NZ dollar nears 75USc as world stocks rally](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar nears 75USc as world stocks rally
The New Zealand dollar is nearing 75 US cents after share markets around the world rallied overnight.