Rising export prices, an improved jobs market and rising investment have pushed rates up.
Economy
Short-term mortgage interests rates are falling but longer-term rates are on the way up.
The Reserve Bank has cut the Official Cash Rate (OCR) by 50 basis points.
Nine day fortnights and pay freezes to contain unemployment?
A weakened dollar has improved the cost of living in New Zealand relative to other countries.
The Reserve Bank has cut New Zealand’s headline interest rate by a full 1.5 percent.
The lowest income tax rate has been cut from 15 to 12 .5 percent and new tax bands introduced.
I thought the concept of food miles had already been debunked but a telephone conversation with one of my relatives in the UK made me realise it’s still alive, kicking and damaging.
2006 – 2007 was New Zealand’s worst year for migration-based population gain for six years. And, as the country’s high interest rates show no immediate signs of easing, the house building industry is feeling the pinch.
Despite the Reserve Bank’s attempts to slow the economy, new car sales in New Zealand are at close to record levels. What are New Zealanders’ top ten favourite new cars?
Air New Zealand in now offering direct flights between Vancouver and Auckland.
House prices are up, building consents are up, interest rates are …?
Despite a falling inflation rate, interest rates in New Zealand have been increased to 7.75 percent.
If you go shopping in New Zealand with an overseas credit card, you will now be able to pay in the currency of your choice.
Auckland and Wellington are reported to be cheaper to live in than a year ago – but are they really?
Although the economy has softened, businesses in New Zealand are growing in confidence, which should be positive for employment prospects.
Why would anyone want to leave New Zealand? 29,000 expatriate New Zealanders give reasons.
June 1st is Tax Freedom Day for New Zealanders in 2006 – six days later than last year.