The major banks are revealing little on whether they intend to match the market’s lowest rate in 50 years, announced by HSBC on Wednesday.
“When the number of buyers exceed the number of sellers, prices will continue to rise. It’s that simple,” says real estate group CEO.
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A non-major bank has announced it will be lowering fixed rates on its two and three year home loans.
New Zealand’s central bank said it may need to cut interest rates further as falling oil prices and a weaker global growth outlook prolong a period of low inflation.
Economists have made their predictions about the Reserve Bank's upcoming announcement on the official cash rate review tomorrow.
Commission for Financial Capability said tactics ranged from emails, letters and phone calls to face-to-face meetings
NZ dollar dips below 69 US cents as risk appetite, commodity prices fall
Almost half of New Zealand businesses do not have cyber insurance in place, report states