There is near universal expectation that the base interest rate will go up by another 50 points on Wednesday.
The Government is to make it easier for more people to get into housing.
The much-criticised Financial Markets (Conduct of Institutions) Amendment Bill, or COFI, took another leap forward in parliament yesterday, passing its second reading and going on to consideration by the Committee of the Whole House next week.
FSCL expects increasing number of mortgage complaints.
Westpac has outdone ANZ and originated a greater proportion of home loans through advisers than its bigger rival. Meanwhile, BNZ has gone nowhere with advisers.
There is near universal expectation that the base interest rate will go up by another 50 points on Wednesday. [READ ON]
Rents charged by residential landlords in most parts of Auckland has risen by about 3% year-on-year to hit $616.32 a week, figures to the end of March show.
More than $2.6 billion of commercial property was sold across the country in the second half of last year beating the long-term average.
Private space tourism took a giant leap forward last year and this has pundits wondering about hotels and other buildings popping up any time soon.