HOT TOPICS:   Budget 2013   |   House prices  |    Term deposits

The comment stream

Reader poll

How many new houses will the Government-Auckland Council accord produce in Auckland over the next three years?

Choices
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
1 + 3 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Join the Interest community to be a registered commenter so you can:
- Edit your comments
- Avoid the CAPTCHA
- Vote on comments
Register Here

Already registered? log back in here ..

Forgotten your password? No problem! Click here

Finance sector jobs

General Manager Finance, Funding & Commercial Services, Northland District Health Board - Whangarei
Significant Management Opportunity - Attractive Lifestyle Options - Values Driven Organisa...more
New Zealand
Investment Consultant
Motivated by targets? Strong Sales orientation? Use your Funds management and investment k...more
New Zealand
Paraplanner
See job description for details...more
Australia
Director-Corporate M&A and Strategy
A Tier 1 global Investment bank with a strong presence across Asia Pacific, our client con...more
Singapore

News

To the NZ media: an F

Murray Grimwood serves up his best shots at the media on the way they report 'growth' - does he convince you?

Auckland's housing Hail Mary pass

Bernard Hickey doesn't believe the plan set out in the housing Accord between Auckland and the Government has any chance of success. Your view?

Auckland's Unitary Plan will make housing less affordable

By choosing the wrong definition of 'affordability', Auckland Council's Unitary Plan ends up focused on the wrong goals says Dale Smith. You agree?

Kiwibank avoids 'peripheral offers', for now

Kiwibank says 'peripheral' gifts given by banks to entice borrowers don't work, but won't rule out joining the give-away party

NZ Govt Bond tender number 494 results

Latest bond tender of NZ$120 mln received bids for NZ$480 mln with 10 year bonds yielding an average of 3.3583%

Friday's Top 10 with NZ Mint

Canada's housing bubble beginning to leak after high LVR limits imposed; How Canadians avoid those rules; Low interest rates keep zombies alive; Peter Thiel and Bitcoin; Clarke and Dawe; Dilbert

Down, down - more rate cuts for savers

The trend of rate reductions for savers now extends to on-call and savings accounts, more banks drop TD and PIE rates

'Let's plonk houses in paddocks'

Auckland Council at odds with Government over housing plan; Deputy Mayor says Housing Accord is 'definitely in danger'

NZ$/US$ at 6-month lows

Market remains more upbeat towards US$ as investors continue to anticipate a ‘tapering’ in US monetary stimulus

Lifestyle block prices still soaring

REINZ says national median lifestyle block rose by more than NZ$10,000 in past month to new record high of NZ$518,5000

Big inflation-indexed bond issuance

Government borrowing program will be $3 bln lower over next the five years: NZDMO

90 seconds at 9 am: Downgrades coming ?

S&P concerned about smaller NZ banks and housing risks; US economy slowing, inflation vanishes; Japan growth shines; NZ$1 = US$0.818 TWI = 76.9

Net $10 bln of bonds to be issued

Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds

S&P may cut TSB, Co-op, Heartland ratings

Updated
S&P warns it may cut credit ratings of TSB Bank, Co-op Bank, Heartland Bank and 5 credit unions by 1 or 2 notches; cites NZ's 'economic vulnerabilities' and risk of housing slump 

NZ economy in enviable position

NZ in pretty good shape compared to many peers where severe austerity programmes exist; NZ sovereign rating affirmed by agencies (S&P, AA, Fitch, AA, Moody’s, Aaa)

ASB's high LVR lending jumps

ASB grows home loans by $1.7b over two quarters with $1.4b, or 84%, coming in lending where the borrower has deposit/equity worth less than 20% of the loan

Govt looks at moving on state house tenants

Govt to 'review' 53,000 state house tenancies; people will be 'given support' to move to alternative housing

Govt policy doesn't wash

Greens slug Government's plan to subsidise purchase of new whitegoods for beneficiaries

IRD to target property investors

Government to give Inland Revenue an extra NZ$6.65 mln a year in order to get an extra NZ$45 mln out of property investors

'Budget highlights reliance on foreign savings'

Updated
Fitch says Budget encouraging; Moody's says it highlights NZ's main vulnerability being reliance on external saving to fund investment;  Labour labels it a ‘blackjack’ Budget

Feature of the Week

This chart tracks data released monthly on the official government Kiwisaver website.

Problem reading the charts