Can the NZ economy grow while house prices stagnate?
The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue.
Sponsored Content
The Friction Test: What the market gets wrong about AI disruption
“The future is already here – it’s just not evenly distributed.” — William Gibson MORE »
Making Investment Advice Easier for Clients to Understand
Clients don’t all absorb information in the same way, some need visuals while others prefer numbers and detail. Many need both before they feel confident to make a decision. MORE »
OCR increase labelled a reduction in monetary stimulus
The Reserve Bank raised its official cash rate (OCR) to 2.5% from 2.25%, couching the move as “a reduction in monetary stimulus.”
RBNZ pulls the trigger
The Reserve Bank has increased the OCR. Here's what it said.
Fifth drop in amount households spend on interest
The amount households have to spend on interest payments has fallen for a fifth consecutive quarter, despite rising living costs.
Economists’ tune changes to keeping the OCR on hold next week
Keeping the cash rate at 2.25% will be an easy decision for the RBNZ at its OCR meeting next week, Kelly Eckhold, Westpac chief economist says.
Sponsored by:
Property News
New rules for meth contaminated houses
REINZ welcomes regulation of methamphetamine contamination in rental housing.
Leaving last year's stumbling housing market behind
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
Don’t bet on house prices rising faster than incomes
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
Top Mortgage Rates
| Unity First Home Buyer special | 4.15 |
| SBS FirstHome Combo | 4.19 |
| ICBC | 4.49 |
| Kainga Ora | 4.59 |
| AIA - Go Home Loans | 4.65 |
| ASB Bank | 4.65 |
| ANZ Special | 4.65 |
| SBS Bank Special | 4.69 |
| Co-operative Bank - First Home Special | 4.69 |
| Nelson Building Society | 4.69 |
| TSB Special | 4.69 |
| Kainga Ora | 4.95 |
| China Construction Bank | 4.95 |
| ICBC | 4.99 |
| Nelson Building Society | 5.09 |
| Kiwibank Special | 5.19 |
| Westpac Special | 5.19 |
| Co-operative Bank - First Home Special | 5.19 |
| AIA - Go Home Loans | 5.25 |
| ASB Bank | 5.25 |
| TSB Special | 5.25 |
| SBS Bank Special | 5.29 |
| Westpac Special | 5.49 |
| SBS Bank Special | 5.49 |
| BNZ - Std | 5.49 |
| AIA - Go Home Loans | 5.59 |
| ASB Bank | 5.59 |
| ICBC | 5.65 |
| Co-operative Bank - First Home Special | 5.69 |
| Kiwibank Special | 5.69 |
| Kainga Ora | 5.69 |
| Co-operative Bank - Owner Occ | 5.79 |
| TSB Special | 5.99 |
| SBS FirstHome Combo | 3.29 |
| AIA - Back My Build | 3.34 |
| SBS Construction lending for FHB | 3.74 |
| CFML 321 Loans | 4.20 |
| Co-operative Bank - Standard | 5.34 |
| Co-operative Bank - Owner Occ | 5.34 |
| ICBC | 5.39 |
| Kiwibank Special | 5.75 |
| Unity Special | 5.79 |
| Kainga Ora | 5.79 |
| TSB Special | 5.79 |
Sponsored by:
People News
Introducing CFML's New BDMs: Richard and Ricky
We are delighted to welcome Richard and Ricky to the CFML Loans team as our new Business Development Managers.
New Prospa BDMs
Small business lender Prospa adds two new Business Development Managers.
Sponsored by:
KiwiSaver News
Annual reviews ‘not serving clients’
KiwiSaver advisers who are reviewing their clients’ investments on an annual basis probably aren’t serving them as well as they could, the founder of an AI business says.
Give Total Rem the flick if KiwiSaver compulsory
KiwiSaver providers want more clarity on how total remuneration packages will be treated with any move towards compulsion.
National plays KiwiSaver card
National is proposing a range of changes to KiwiSaver if it returns to power, including making the scheme compulsory.
How to get financial advice to more people
We all want more people to get access to financial advice, but there are many hurdles. On Good Returns TV we talk to FMA Director of Deposit Taking, Insurance, and Advice Michael Hewes about the issues and what the regulator can do to help.
Watch Part One of a two part interview here.
You can also listen to it as a podcast.
Or read a full transcript here.