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![Floating mortgages now over 50pc of all NZ home loans](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Floating mortgages now over 50pc of all NZ home loans
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.
![Media: Fair Go deal diminishes brand](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Media: Fair Go deal diminishes brand
A deal between a market researcher and Fair Go is bad for the consumer watchdog TV programme.
![House prices rise to record average](/pf/resources/images/placeholders/placeholder_l.png?d=793)
House prices rise to record average
New housing statistics have identified increasing numbers of Auckland suburbs that are out of reach for first-time buyers, with childless big-earners the most likely to be able to buy now.
![BNZ, Kiwibank follow the trend, cutting interest rates](/pf/resources/images/placeholders/placeholder_l.png?d=793)
BNZ, Kiwibank follow the trend, cutting interest rates
BNZ and Kiwibank have joined the other banks and cut mortgage rates.
![Kiwibank profits slump 41pc](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank profits slump 41pc
Kiwibank says half year profits fell 41 per cent as bad debt provisions more than doubled.
![Banks recover from 2009 rout but lending slow, says report](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Banks recover from 2009 rout but lending slow, says report
Lending to customers at New Zealand's banks grew by a meagre 0.7 per cent in the second half of their financial year, a new report shows.
![Kiwibank 'kick starts' 2011 with mortgage rate cut](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank 'kick starts' 2011 with mortgage rate cut
In the first mortgage rate cut of 2011, Kiwibank has dropped its one-year mortgage rate to 6.15 per cent from 6.45 per cent per annum.
![Treasury ready to advise on privatisation options](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Treasury ready to advise on privatisation options
Treasury is sitting on advice to the government about options for selling state assets, and is just waiting to be asked to produce it.
![<i>Editorial</i>: Open the SOE stable and let the foals thrive](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>Editorial</i>: Open the SOE stable and let the foals thrive
The Labour Party's finance spokesman, David Cunliffe, raised some eyebrows last Thursday
![Labour sees place for private capital in SOEs](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Labour sees place for private capital in SOEs
The Labour Party has signalled a willingness to allow private capital into state-owned enterprises - at the subsidiary level.
![Kiwibank cuts rates to spark quiet property market](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Kiwibank cuts rates to spark quiet property market
Kiwibank has cut its 2 year fixed mortgage rate to 6.59pc, to try and spice up housing demand.