Property Report: Reinventing the Kiwi property dream
The day of the Kiwi quarter-acre dream is a dream of yesteryear, especially for those of us who call Auckland home.
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Latest fromMonetary Policy
Property Report: Buyer hysteria encourages Auckland price surge
Auckland prices have been rising faster than elsewhere in the country, due to recent action by the Reserve Bank and the Govt.
NZ dollar drops to 4-month low against euro
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
Wall St up as Greek optimism grows
Wall St higher overnight amid optimism Greece will reach a deal with international creditors soon.
Dollar gains, shrugging off drop in dairy prices
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.
NZ dollar hits lowest in almost 5 years
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.
NZ building consents fall in April
Building consents fell in April, after the previous month's strong gain, as intentions to build houses decreased.
Dollar drops to 4-year low
The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.
NZIER predicts official cash rate to hold
Reserve Bank will disappoint financial markets and leave the official cash rate on hold for another two years, says NZIER.
Economic growth tipped at 3pc
The economy is expected to grow at about 3 per cent a year out to 2017, driving jobs growth and reducing unemployment, says the NZIER.
'Time is near' for US interest-rate increase
Strong employment growth is pushing the US economy close to the point where it can support higher interest rates.
Dollar little changed as major markets close
The dollar changed little overnight with major markets in the US and the UK closed for public holidays.
Dollar falls as greenback strengthens
The NZ fell as the US dollar strengthened following signs of rising US inflation.
3 Asian economies with room for improvement
William Pesek grades Park Geun Hye of South Korea, Benigno Aquino of the Philippines and Joko Widodo of Indonesia.
A report card for Asia's would-be reformers
How have things fared since then for Asia's "Axis of Reform"? Not very well, unfortunately, says William Pesek.
China: A major economy but run like a minor one
Willie Pesek asks if China's central bank is up for the responsibility of helping steer the world's second biggest economy.
Dollar drops to 4-year low vs. British pound
The dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.
Dollar holds near bottom of range
The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.
ASB follows suit, cuts mortgages
ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.
NZ dollar slips as US dollar gains on upbeat housing data
The dollar fell as the greenback strengthened following better-than-expected US housing data.
Why you'll pay less on your mortgage
Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.
Inflation expectations creep higher in June survey
Businesses have lifted their expectations for inflation, sapping immediate pressure on the Reserve Bank to cut interest rates.
Dollar declines against strength of USD
The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.
Kiwi dollar falls, speculation of rate cut
The New Zealand dollar fell on speculation that potential developments could give the bank more room to cut interest rates.
Dollar falls as govt moves on housing market
The New Zealand dollar fell after the government stepped up measures to curb Auckland's bubbling housing market.
Dollar advances against greenback on poor US retail figures
The NZ dollar advanced against the US stoking speculation the Federal Reserve will delay hiking interest rates.
Brian Fallow: Loan restrictions shrewd move
The Reserve Bank has abandoned its one-size-fits-all approach to loan-to-value ratio curbs recognising house price inflation is an Auckland problem.
New housing rules: How will you fare?
Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.