Economy


NZ Interest Rates – First Rise In 3 Years

Rising export prices, an improved jobs market and rising investment have pushed rates up.

NZ Mortgage Rates Heading Higher

Short-term mortgage interests rates are falling but longer-term rates are on the way up.

Bank Interest Rate Falls to 2.5%

The Reserve Bank has cut the Official Cash Rate (OCR) by 50 basis points.

Pay Freezes and Job Protection

Nine day fortnights and pay freezes to contain unemployment?

Living in New Zealand Gets Cheaper

A weakened dollar has improved the cost of living in New Zealand relative to other countries.

New Zealand Interest Rates Fall

The Reserve Bank has cut New Zealand’s headline interest rate by a full 1.5 percent.

Income Tax Cut in New Zealand

The lowest income tax rate has been cut from 15 to 12 .5 percent and new tax bands introduced.

Say No to Food Miles

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.

Immigration Numbers Fall, House Building Slows Down

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.

Top Ten New Cars in New Zealand

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 Opens Direct Auckland Vancouver Route

Air New Zealand in now offering direct flights between Vancouver and Auckland.

Construction Boom Continues – Interest Rates Could Rise

House prices are up, building consents are up, interest rates are …?

Interest Rates Rise Again

Despite a falling inflation rate, interest rates in New Zealand have been increased to 7.75 percent.

Shopping Easier for Arrivals

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.

Cost Of Living Drops – Or Does It?

Auckland and Wellington are reported to be cheaper to live in than a year ago – but are they really?

Confidence Rising

Although the economy has softened, businesses in New Zealand are growing in confidence, which should be positive for employment prospects.

What do New Zealanders Abroad Think?

Why would anyone want to leave New Zealand? 29,000 expatriate New Zealanders give reasons.

Kiwis Work Five Months To Pay Taxes

June 1st is Tax Freedom Day for New Zealanders in 2006 – six days later than last year.