Property
RBNZ warns in Financial Stability Report that housing imbalances remain; Wheeler says won't use Debt To Income multiple restriction 'at this time'; RBNZ notes rising use by banks of 'hot' overseas funds
30th Nov 16, 9:18am
29
RBNZ warns in Financial Stability Report that housing imbalances remain; Wheeler says won't use Debt To Income multiple restriction 'at this time'; RBNZ notes rising use by banks of 'hot' overseas funds
Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
28th Nov 16, 11:47am
7
Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
PM says Treasury's forecasts of blow-out in debt by 2060 without NZ Superannuation changes "a load of nonsense"; says Treasury couldn't get forecasts right 44 days before Budget 'let alone 44 years out'; also downplays weak productivity
28th Nov 16, 11:31am
54
PM says Treasury's forecasts of blow-out in debt by 2060 without NZ Superannuation changes "a load of nonsense"; says Treasury couldn't get forecasts right 44 days before Budget 'let alone 44 years out'; also downplays weak productivity
Insurance Council calls for law change to oblige authorities to check businesses' air con units, lights, sprinklers, etc will be secure in an earthquake; Attributes up to 70% of commercial building damage to seismic restraint failures
23rd Nov 16, 2:29pm
Insurance Council calls for law change to oblige authorities to check businesses' air con units, lights, sprinklers, etc will be secure in an earthquake; Attributes up to 70% of commercial building damage to seismic restraint failures
Ministers announce cap for Recognised Seasonal Employer (RSE) scheme in 2016/17 raised by 1,000 to 10,500; say allows horticulture and wine exporters to keep growing; Winston Peters rails against National's "immigration madness"
23rd Nov 16, 1:23pm
21
Ministers announce cap for Recognised Seasonal Employer (RSE) scheme in 2016/17 raised by 1,000 to 10,500; say allows horticulture and wine exporters to keep growing; Winston Peters rails against National's "immigration madness"
PM meets with Facebook founder Mark Zuckerberg; says told him to fix public perception that Facebook not paying enough tax; Key says feeling that got Trump got elected because voters believe 'world isn't fair'
21st Nov 16, 11:14am
14
PM meets with Facebook founder Mark Zuckerberg; says told him to fix public perception that Facebook not paying enough tax; Key says feeling that got Trump got elected because voters believe 'world isn't fair'
John Key and Bill English say pre-election tax cut option still open despite Kaikoura rebuild costs; Key sees NZ$8-9 bln surpluses by 2019/20 so Kaikoura rebuild costs of NZ$2 bln 'not material'; HYEFU may be delayed
21st Nov 16, 11:02am
43
John Key and Bill English say pre-election tax cut option still open despite Kaikoura rebuild costs; Key sees NZ$8-9 bln surpluses by 2019/20 so Kaikoura rebuild costs of NZ$2 bln 'not material'; HYEFU may be delayed
USB stick inventor tells Kiwi mums to encourage their kids to be entrepreneurs and build start-ups, rather than becoming lawyers and accountants; suggests following Israel's example on tech investing subsidies
18th Nov 16, 5:06pm
8
USB stick inventor tells Kiwi mums to encourage their kids to be entrepreneurs and build start-ups, rather than becoming lawyers and accountants; suggests following Israel's example on tech investing subsidies
Data on non-resident purchases shows 3% of property buyers non-residents for tax purposes, but no way of knowing how many of the other 97% are foreign students or temporary workers; new survey detail due in May
17th Nov 16, 6:33pm
63
Data on non-resident purchases shows 3% of property buyers non-residents for tax purposes, but no way of knowing how many of the other 97% are foreign students or temporary workers; new survey detail due in May
Steven Joyce and Anne Tolley announce NZ$7.5 mln package of support for Kaikoura businesses with less than 20 workers; NZ$500/week per worker for eight weeks, but may be extended; to cost NZ$7.5 mln
17th Nov 16, 1:49pm
3
Steven Joyce and Anne Tolley announce NZ$7.5 mln package of support for Kaikoura businesses with less than 20 workers; NZ$500/week per worker for eight weeks, but may be extended; to cost NZ$7.5 mln
Insurers put embargo on transferring home insurance from vendors to buyers from Rakaia to Masterton; Wellington deals frozen as mortgages impossible without insurance, say agents; Boom stopped dead in its tracks
17th Nov 16, 10:23am
43
Insurers put embargo on transferring home insurance from vendors to buyers from Rakaia to Masterton; Wellington deals frozen as mortgages impossible without insurance, say agents; Boom stopped dead in its tracks
Finance Minister says Government has strong enough balance sheet to borrow billions of dollars needed to rebuild infrastructure around Kaikoura; says "funding is not an issue", although some other projects could be delayed
15th Nov 16, 4:05pm
34
Finance Minister says Government has strong enough balance sheet to borrow billions of dollars needed to rebuild infrastructure around Kaikoura; says "funding is not an issue", although some other projects could be delayed
Key says main road and rail route from Picton to Christchurch may need realignment or re-routing in long term at huge cost; English highlights damage to main transport links and says Govt finances can handle repair costs
15th Nov 16, 1:06pm
34
Key says main road and rail route from Picton to Christchurch may need realignment or re-routing in long term at huge cost; English highlights damage to main transport links and says Govt finances can handle repair costs
Auckland University's Michael Rehm says a burst of housing supply won't bring down house prices, but debt-to-income ratios will and are a policy option that will make Auckland houses affordable again
14th Nov 16, 9:00am
27
Auckland University's Michael Rehm says a burst of housing supply won't bring down house prices, but debt-to-income ratios will and are a policy option that will make Auckland houses affordable again
7.5 earthquake near Hanmer at 12.02 am damages Kaikoura; felt strongly in Wellington; reports of damage in Wellington buildings; Tsunami warning downgraded
14th Nov 16, 6:31am
66
7.5 earthquake near Hanmer at 12.02 am damages Kaikoura; felt strongly in Wellington; reports of damage in Wellington buildings; Tsunami warning downgraded
In just 12 months, we have gone from a time when all the OCR change was passed on to borrowers, to now when none of it is. Oligoply power wins a stunning reversal
14th Nov 16, 5:02am
16
In just 12 months, we have gone from a time when all the OCR change was passed on to borrowers, to now when none of it is. Oligoply power wins a stunning reversal
Invest cautiously, diversify and reduce your exposure to interest rate sensitive markets, Martin Hawes advises
12th Nov 16, 5:02am
13
Invest cautiously, diversify and reduce your exposure to interest rate sensitive markets, Martin Hawes advises
RBNZ Governor says economy already growing strongly enough to create necessary inflation; no need for extra help from Government with fiscal stimulus; Wheeler says open to NZ$ intervention
10th Nov 16, 7:43pm
RBNZ Governor says economy already growing strongly enough to create necessary inflation; no need for extra help from Government with fiscal stimulus; Wheeler says open to NZ$ intervention
RBNZ cuts OCR by 25 bps to record low 1.75%; forecasts OCR to be flat from here; but says may have to adjust policy again given international uncertainties
10th Nov 16, 9:13am
26
RBNZ cuts OCR by 25 bps to record low 1.75%; forecasts OCR to be flat from here; but says may have to adjust policy again given international uncertainties
Paula Bennett and John Key announce $303.6 mln package of spending on emergency housing, including buying and leasing motels and building pre-fab homes; also $100 mln loan for Housing NZ; but deny crisis
7th Nov 16, 6:53pm
67
Paula Bennett and John Key announce $303.6 mln package of spending on emergency housing, including buying and leasing motels and building pre-fab homes; also $100 mln loan for Housing NZ; but deny crisis
Stats NZ says inflation was in fact 0.3%, not 0.2% in September quarter, with annual rate 0.4% rather than 0.2%
7th Nov 16, 12:07pm
34
Stats NZ says inflation was in fact 0.3%, not 0.2% in September quarter, with annual rate 0.4% rather than 0.2%
Rodney Dickens claims the pressures building in our labour markets bring a major threat of sharply rising inflation. The RBNZ should be taking more notice, he says
5th Nov 16, 7:45am
3
Rodney Dickens claims the pressures building in our labour markets bring a major threat of sharply rising inflation. The RBNZ should be taking more notice, he says
What property owners need to know as their insurers duck for cover to avoid being lumped with meth damage bills
4th Nov 16, 5:02am
4
What property owners need to know as their insurers duck for cover to avoid being lumped with meth damage bills
Finance Minister cautious about Reserve Bank hopes for Debt to Income multiple limits; say looking closely at unintended consequences; Key says Auckland housing market stabilising; points Mt Roskill voters to low interest rates
2nd Nov 16, 7:12pm
43
Finance Minister cautious about Reserve Bank hopes for Debt to Income multiple limits; say looking closely at unintended consequences; Key says Auckland housing market stabilising; points Mt Roskill voters to low interest rates
Justifying delay of new bill, Justice Minister warns extending Anti-Money Laundering regime to real estate agents, accountants and lawyers could cost home owners NZ$1.6 bln over 10 yrs; Labour accuses Govt of going soft on policing dirty money from China
2nd Nov 16, 5:17pm
13
Justifying delay of new bill, Justice Minister warns extending Anti-Money Laundering regime to real estate agents, accountants and lawyers could cost home owners NZ$1.6 bln over 10 yrs; Labour accuses Govt of going soft on policing dirty money from China