$60b wiped from house values
The property downturn wiped $60 billion off the value of our national housing stock and $25 billion from Auckland last year, says an industry commentator....
19 May, 2009
Light at end of recession tunnel
As redundancy announcements continue to roll in, caution remains as to how much light is at the end of the recession tunnel. ...
17 May, 2009
Home Loans "unusually elevated"
The Reserve Bank considers margins being paid on floating rate mortgages are unusually high, and also thinks the bottom of the housing market has yet to be reached. ...
13 May, 2009
Sentiment soars in latest BNZ confidence survey
May 11 – Confidence has soared in the latest survey of 18,000 readers of the BNZ Weekly Overview, as global optimism rebounded, equity markets rallied and economic data in the U.S. and Australasia was better than expected....
11 May, 2009
Property News : Is now the time to buy a Property
You might notice that every story in this month’s issue has a note of optimism in it. That will undoubtedly be welcome news to many of our readers....
07 May, 2009
Debt provision swells as Westpac profit falls
Westpac New Zealand is blaming the unprecedented economic downturn for a 15 per cent cut to its tax-paid profit of $202 million for the half year to March....
06 May, 2009
Home business tax advantages
Not only can it be convenient to operate a small business from home, but there are definite financial upsides;...
06 May, 2009
Know how to steer around disaster when times are tough
The recession has made cutting corners dangerous for property buyers. Here are some common mistakes to avoid....
04 May, 2009
Rates cut to 2.5pc
The Reserve Bank has dropped official interest rates to a new low of 2.5 percent and is promising low rates at least till the end of next year....
29 April, 2009