HOT TOPICS:  Foreign buyers   |   Housing affordability  |  NZ$                                                       KEY RESOURCES:    Economic calendar   |  Rent ratio

Breaking news

Genesis shares top $1.80 on listing; 16.45% profit for investors
MORE SOON

The comment stream

Recent comments

Reader poll

Should the Reserve Bank remove its "speed limit" on banks' high loan to value ratio (LVR) home lending?

Choices

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

All news stories

Co-op welcomed into scheme

Co-operative Bank becomes 11th lender to sign up to Government's housing scheme

Selling houses to foreigners 'benefits NZers'

Ban on overseas house buyers would make Kiwis worse off, argues ACT Party

Bernard's Top 10 at 10

How money really works; Will the world's new middle classes drop back into poverty?; Charting the pigs in the python; Tony Alexander and the carry trade; Jon Stewart; Dilbert

Arguments for regional LVR rules 'don't hold water'

BNZ’s Tony Alexander says there is 'nothing inequitable' about regional housing markets suffering because of LVR rules

Anthony Healy named new BNZ CEO

Anthony Healy, currently director of BNZ Partners, to succeed Andrew Thorburn as BNZ CEO

Mixed Chinese data sees NZD bounce back

After the USD/NZD traded below 86 cents the NZD bounced back as market believes OCR will rise by 25 basis points next week

Co-op ranked ahead of big five

The Co-operative Bank awarded Canstar gong for most satisfied banking customers

NZD appeal dented

The extended elevated run by the NZD is undermining RBNZ inflation assumptions, may induce an OCR hike interruption

Rates rally on CPI undershoot

US Treasury yields rise on positive US economic data; BoC holds rates; EU inflation adjusted lower

90 seconds at 9 am: China growth slowing

Fed sees US expanding but housing up less than expected; China growth slows but better than expected; NZ$1 = US$0.863 TWI = 80.1

What happened Wednesday

A review of things you need to know before you go home on Wednesday; mortgage approvals sag, inflation weak, 90 day bill rates jump, NZD falls, Co-op Bank pushes bonus saver boundary

F&P Finance retail deposit funding falls

F&P Finance records 13% nine month fall in retail deposit funding with 73.1% reinvestment rate

Govt scales back Genesis bids sharply

Updated
Bids for more than NZ$2,500 of Genesis shares scaled back sharply after strong demand surprises Government; Shares set for 10% plus premium on debut on Friday

Half the overseas-born live in Auckland

The latest Census data released shows how our ethnic diversity is growing, especially in Auckland

Why NZ's productivity is an OECD laggard

Productivity Commission & OECD blame tyranny of distance from big markets and suppliers, plus low investment in innovation for lagging NZ productivity

The Sheep Deer and Cattle Report

Winter lamb contract pricing sets the tone and weaner deer sell well

Inflation weaker than expected

Updated
Inflation weaker than expected as strong NZ$, lower airfares and lower electronics costs offset tobacco tax hike and surge in housing cost inflation; OCR hike still on for next Thursday

Chinese developer to build Auckland hotel

Updated
Len Brown hails 'new era' for private capital funded Auckland infrastructure projects with $200m hotel; Another project set to be revealed next month

Europe down, US up

US inflation stronger than expected; dairy prices fall for fifth consecutive auction; eyes on NZ CPI and China GDP

Taking control without breaking it

Family business transition: as 'baby boomers' hand over to 'millennials', the risks of getting it wrong have never been greater

Feature of the Week

This is a quarterly reading of employment confidence, done by McDemott-Miller for Westpac, and published by Westpac economics.

Problem reading the charts