
Bollard may hold to mid-year timing for OCR hike, start in April
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
Reserve Bank Governor Alan Bollard will probably wait until at least April before raising interest rates, though officially he may stick to his hinting at a mid-year hike this week.
Auckland is fast catching Queenstown again as the least affordable region in New Zealand.
Plans for Tuscan-influenced Isola Estate clashed with recession.
There is a bill before Parliament to amend the Residential Tenancies Act.
Residential landlords who are retired could be hit hardest if tax changes proposed this week are adopted.
The first decade of the 21st century was a good period for the New Zealand economy.
Business groups say a proposed land tax would have a negative impact on hundreds of thousands of NZers.
John Key has indicated the Govt is open to reform which trades personal income tax cuts for some form of tax on investment property.
House prices have hit an all-time high but economists remain sceptical, saying higher mortgage interest rates are dampening the market.
Building consent stats released this morning show a 3.1 per cent jump in the number of new homes authorised for construction in November - the highest level since May 2008.
Quotable Value figures show a dramatic and unexpected turnaround in property values in the past 12 months.
An anti-drug campaigner is calling for tougher regulations to ensure Kiwis know if their house has been used a P-lab.