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$400 Wellington house listing asks flatmate to leave six hours of the day

A Wellington property listing originally advertised on Trade Me was looking for renters prepared to pay $400 per week for a room they could only use outside of the hours between 9am and 3pm. The description of the 22sq m studio...

Source: - Property | 4 Aug 2021 | 1:44 pm

'Way too many hoops': First Home Grants fall short with lowest ever payouts

By Charlie Dreaver of RNZ The Government has admitted it got the settings wrong for First Home Grants and as a result the scheme is heading for the lowest number of grants paid out since it began.The grants aim to help first...

Source: - Property | 4 Aug 2021 | 6:50 am

Renting in retirement: Divorce, financial shocks and illness revealed in new research

Divorce, unexpected financial shocks, illness and sky-high house prices are leaving more older Kiwis renting in their retirement, with new research highlighting the challenges they face.This includes battling discrimination in the...

Source: - Property | 4 Aug 2021 | 5:00 am

Housing crisis: Auckland's wealthy suburbs dodging development 'burden', councillor Daniel Newman says

By Stephen Forbes, Local Democracy Reporter An Auckland councillor says the supercity needs to stop allowing wealthier suburbs to hang on to their low-density zonings and heritage protections and open them up to more development.It...

Source: - Property | 3 Aug 2021 | 4:47 pm

Auckland house prices: Two-bedroom Point Chevalier home sells for double its CV

A modest two-bedroom brick property has gone under the hammer for more than double its CV, with the Auckland house now set to be bulldozed by its new developer owner.The house sellers were left "flabbergasted" when the Point Chevalier...

Source: - Property | 3 Aug 2021 | 5:00 am

Human Rights Commission launches national inquiry into housing crisis

From RNZ The Human Rights Commission has launched a national inquiry into the housing crisis and says successive governments have failed to give New Zealanders decent homes.It has created the initial guidelines to clarify what...

Source: - Property | 2 Aug 2021 | 6:35 am

The cheapest and most expensive places to rent in New Zealand - Massey University report

The cheapest and most expensive regions to rent in the country at the moment have been revealed in a new report.Figures released by Massey University for the December to March quarter show the average weekly rent on the West Coast...

Source: - Property | 30 Jul 2021 | 10:25 am

Simply bonkers: House prices now 10.5 times median disposable income, ANZ economists say

First-home buyers are continuing to pile into the housing market but analysis by ANZ bank shows how hard it is for those trying to save a deposit to keep up with rising house prices.Kiwis borrowed $8.5 billion in mortgages in June,...

Source: - Property | 29 Jul 2021 | 10:10 am

House price growth shows signs of slowing

By RNZ The rate of house price growth is showing signs of slowing in some of the hottest property markets, with one region recording the first decline in property values in a year.State-owned property valuer QV's rolling three-month...

Source: - Property | 28 Jul 2021 | 11:35 am

Building consents rise 12 per cent in Christchurch, house listings still low

Christchurch is seeing a rapid rise in new house builds. Building consents have been issued for nearly 2800 new dwellings over the past year - up 12 per cent on the previous year.OneRoof commentator Ashley Church said the strong...

Source: - Property | 28 Jul 2021 | 10:40 am

Police make 14 arrests at Pūtiki Bay, Waiheke Island, protesters appeal for reinforcements

Fourteen arrests have been made at Waiheke Island's marina site, the latest this week allowing work on seabed piles to continue after the violence earlier this month.Inspector Gary Davey of Auckland Police released new information...

Source: - Property | 28 Jul 2021 | 10:00 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: 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: 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: 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: 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: 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: 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: 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: 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: 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: RSS Feed: Items matching search string ""Reserve Bank"" | 30 Mar 2020 | 2:35 pm

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