NZ receives over 500 Active Investor Plus visa applications, tweak to Overseas Investment Act rules allows 'golden' visa holders to buy or build a residential property worth at least $5m from March 6

Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

ASB comes back again for more mortgage rate rises. Kiwibank also raises rates. They also adjusted TD rates up, but only to rivals' levels

Latest Reserve Bank figures show a big change in preference for home owners in December, with floating mortgages pushed to the sidelines and longer term fixed rate mortgages coming to the fore

BNZ economists think the Reserve Bank will start to raise interest rates in the third quarter of this year but won't want to signpost that yet in its first Official Cash Rate review for the year next week

The Government shortlists proposals to import LNG in Taranaki with plans to sign a contract by mid-year, Energy Minister Simon Watts says