rates
The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices
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The Reserve Bank will need to raise OCR by more than it assumed, Westpac senior economist Satish Ranchhod says, due to 'ongoing sizable increases' in administered prices
[updated]
Local Government Minister Simon Watts says government capping annual council rate increases at 4%, but will only be passed after the election
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Local Government Minister Simon Watts says government capping annual council rate increases at 4%, but will only be passed after the election
[updated]
Annual inflation hits 4.1% in the June quarter with petrol leading the way
[updated]
National promises low-interest, long-term solar power loans, repaid through rates
Annual inflation 3.1% in March quarter, with electricity leading the way. Rent rise lowest in 16 years, petrol price rises show up for March quarterly rate
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Annual inflation 3.1% in March quarter, with electricity leading the way. Rent rise lowest in 16 years, petrol price rises show up for March quarterly rate
S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions
S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions
The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
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The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
[updated]
‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
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‘Our new laser-focussed-on-inflation RBNZ Governor will not be amused’: Economists say OCR hike in 2026 ‘likelier than not’ following latest annual inflation figures
[updated]
Annual inflation rises to 3.1% in the December quarter - with electricity, rent, local government rates continuing to drive the increase
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Annual inflation rises to 3.1% in the December quarter - with electricity, rent, local government rates continuing to drive the increase
[updated]
As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
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As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
[updated]
Local Government Minister Simon Watts unveils rates cap with a target range of 2% to 4% increases, saying ‘ratepayers deserve councils that live within their means’
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Local Government Minister Simon Watts unveils rates cap with a target range of 2% to 4% increases, saying ‘ratepayers deserve councils that live within their means’
As flood risk increases, Local Government Minister Simon Watts says he’s focused on designing a rates capping system that enables councils to get ‘sufficient revenue’ for their role in helping to 'build out of our infrastructure deficit’
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As flood risk increases, Local Government Minister Simon Watts says he’s focused on designing a rates capping system that enables councils to get ‘sufficient revenue’ for their role in helping to 'build out of our infrastructure deficit’
Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
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Economists say the September quarter annual inflation figure likely marks the peak and they still expect the Reserve Bank to cut the Official Cash Rate again next month
Annual inflation rises to 3% in the September quarter, with the increase driven by electricity, rent and local authority rates and payments
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Annual inflation rises to 3% in the September quarter, with the increase driven by electricity, rent and local authority rates and payments
Council rates will continue to increase over the next few years - but not as rapidly, ANZ economists say
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Council rates will continue to increase over the next few years - but not as rapidly, ANZ economists say