<i>Bernard Hickey - </i> Reserve Bank should target the housing bubble
It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.
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Legal hell in Fiji paradise
For the 240 investors in Fiji's Denarau Hilton, the past 18 months have been anything but paradise.
<i>Bernard Hickey</i>: Chilling levels of household debt finally dawns
NZers will look back on the winter of 2010 as the moment we finally realised the last decade of growth was a sham.
Property prices firm up in June, but turnover low
House prices firmed up last month, but turnover stayed low said the Real Estate Institute.
Auckland house prices slump in June
Auckland house sales slumped 16pc in June, with the average sale price falling 3.6pc from a year ago, says real estate firm Barfoot & Thompson.
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.
Rents will rise as house prices fall, says Westpac
House prices will fall gently for the next two years before levelling out, says a leading bank economist.
NZ housing 'still way overpriced' says English
New Zealand's housing market is "still way overpriced" by international measures, says Finance Minister Bill English.
Westin Hotel company in receivership
Receivers have taken control of the company which manages one of Auckland's top hotels, the Westin Lighter Quay.
Allied Farmers says it won't pay Hanover $5m
Allied Farmers says it will not be making a $5 million payment to Hanover Finance.
Building consents fall 9.5pc in May
The number of consents issued for new homes fell 9.5 per cent during May, following a 13.4 per cent rise during April, Statistics New Zealand says.