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REINZ data: House prices and volumes fall, chief concerned about law change

National house sales volumes and prices fell at the end of last year and an industry chief is blaming a law change that imposed tougher lending rules.Jen Baird, Real Estate Institute chief executive, cited changes to the Credit...

Source: nzherald.co.nz - Property | 18 Jan 2022 | 10:00 am

Four areas where house values shot up by $550,000+ last year

House values in four areas of New Zealand rose by more than $550,000 last year and three of those are in the Central Lakes region.Kelvin Davidson, CoreLogic NZ chief property economist, said that the biggest gains were in Herne...

Source: nzherald.co.nz - Property | 17 Jan 2022 | 7:00 pm

New housing consent data out: 48,522 houses approved smashes all records

Building consents were issued for a record 48,522 new homes in New Zealand in the November year, according to Stats NZ which says all previous records were eclipsed."This November had 4688 new homes consented, which is the highest...

Source: nzherald.co.nz - Property | 13 Jan 2022 | 12:18 pm

National average house price went up nearly 30% in 2021

From RNZ The national average house price rose nearly 30 per cent last year. Figures from QV show the average house price went up 28.2 per cent in 2021, with the new national average hitting $1,053,315. Read More NZ house...

Source: nzherald.co.nz - Property | 13 Jan 2022 | 7:13 am

A thousand Inland Revenue staff to remain displaced for most of the year

About 1000 Inland Revenue staff will remain displaced for most of the year after an earthquake risk was discovered in their Wellington office building. The government department closed its office at the Asteron Centre on Featherston...

Source: nzherald.co.nz - Property | 11 Jan 2022 | 5:15 pm



Numbers of houses for sale surges, annual sales numbers also up

The number of residential properties for sale nationally has surged nearly 30 per cent annually, and the number of properties sold is also up. Vanessa Williams, realestate.co.nz spokesperson, said today the total number of homes...

Source: nzherald.co.nz - Property | 11 Jan 2022 | 9:58 am

Media glorifies NZ government’s pro-business response to the pandemic - SEG

The corporate media internationally has hailed the response of the Labour Party-led government in New Zealand to the COVID-19 pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 15 Apr 2020 | 10:07 am

Committee to continue asking questions NZers want answers to - Simon Bridges

The Epidemic Response Committee will resume on Tuesday to continue probing the Government’s response to Covid-19, Opposition Leader Simon Bridges says.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 2:01 pm

Mortgage deferrals will not affect customer credit ratings - NZBA

Anyone who has deferred their mortgage repayments for up to six months because they are financially impacted by Covid-19 will not have their credit rating affected as a result of the deferral, provided they were not in arrears before the pandemic.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 9 Apr 2020 | 10:44 am

The Co-op Bank confirms no rebate payments for financial year ended 31st March

Due to the materially different economic environment New Zealand now faces as a result of the COVID-19 pandemic, the Board of Directors of The Co-operative Bank - a customer owned bank - has agreed that the Bank will not be paying a rebate for the financial year ended 31st March 2020.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 8 Apr 2020 | 9:31 am



Expanded large scale asset purchases - RBNZ

The Reserve Bank of New Zealand has added $3 billion of Local Government Funding Agency (LGFA) debt to its Large Scale Asset Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the total size of the LSAP to $33 billion over 12 months.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 3:38 pm

Reserve Bank's 'quantitative easing' repeats the mistakes of others - Positive Money

Those who do not learn from history are doomed to repeat it and our Reserve Bank has chosen to repeat a costly mistake, says Positive Money national spokesperson Don Richards.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 7 Apr 2020 | 11:42 am

Manufacturing slump, "two bad weeks", destroy sentiment - CMC Markets

By Michael McCarthy (chief market strategist, CMC Markets and Stockbroking)

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:10 pm

Govt called on to pay the country's next rates bill - Social Credit

The government needs to step up and pay the next rates instalment to councils on behalf of property owners and businesses as part of its economic support package.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 2 Apr 2020 | 12:37 am

Fair Insurance Code helps to improve understanding of insurance - ICNZ

The Insurance Council of New Zealand (ICNZ) has today launched its revised Fair Insurance Code which encourages good conduct and professionalism in the insurance industry and describes how the relationship between insurers and their customers should work.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 31 Mar 2020 | 11:27 am

Working together to ensure cash-flow and confidence - NZ Reserve Bank

Te PÅ«tea Matua - the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability.

Source: Voxy.co.nz RSS Feed: Items matching search string ""Reserve Bank"" | 30 Mar 2020 | 2:35 pm









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