![House prices will fall: economists](/pf/resources/images/placeholders/placeholder_l.png?d=793)
House prices will fall: economists
Westpac economists expect house prices to fall about 2 per cent this year and another 2 per cent next year.
Westpac economists expect house prices to fall about 2 per cent this year and another 2 per cent next year.
Bidders for the government's $1.5b ultra-fast broadband fund will now be invited to supply plans for "lit" fibre.
New Zealand's top broadcasting bureaucrat is tuning out of the sector to be Climate Change Ambassador.
Over the next two and a half years the emissions trading scheme will effect a substantial transfer of wealth.
The Government has embarked on a path to abolish building depreciation on virtually every building type and could hit depreciation claims on commercial building fit-outs in future, says Bayleys Valuations director John Freeman.
Inflation is expected to spike higher than many were predicting, as a result of yesterday's Budget tax changes.
High, middle and low income earners will all get more in their pay-packets from October 1. But how much will you get?
Yesterday's Budget was the first salvo of the 2011 election. It was all about shutting Labour out of next year's contest.
The Govt's income tax cuts for all is a "once-in-a-generation opportunity" to change the direction of the NZ economy.
The taxman is to get sharper teeth with a $119.3 million increase in funding over the next four years.