BUDGET 2007 – Initiatives

The Budget (17 May) contained three announcements that were of interest to the Federation.
31-05-2007 more >>

Kiwibank campaign ends

Kiwibank has ended its two week price-cutting campaign designed to attract business from borrowers refinancing off maturing fixed rate deals.
31-05-2007 more >>

Residential building consents back on the rise

Dwelling unit approvals look to be trending back upwards in a move that could add to pressure on the Reserve Bank to lift interest rates at its review next Thursday.
30-05-2007 more >>

Looking for some balance in the demand-supply of housing

In the feature article of the May issue of ANZ's Property Focus, the simple demand-supply housing balance measures across the regions highlight Auckland and Wellington as areas where the market remains tightest. Conversely, a turning point is not too far away in the majority of regions, noteably Gisborne, Hawke's Bay and Taranaki.
27-05-2007 more >>

One bank war

Last week had with some good news for borrowers with Kiwibank dropping some of its fixed rate home loans in an effort to capture some of the refinance business in the market.
25-05-2007 more >>

Lifestyle property prices show surge

Lifestyle property prices are surging matching the demand for houses in town.
21-05-2007 more >>

Taxman closes in on property speculators

Property speculators who are reaping millions of dollars from the super-heated housing market are about to feel the heat from a tough new crackdown.
18-05-2007 more >>

Budget 2007: Action on property speculation

Press release by the Hon Dr Michael Cullen, Minister of Finance
18-05-2007 more >>

Kiwibank chases refinance busin

Kiwibank has cut its fixed rates loans in a two-week marketing campaign aimed at attracting borrowers refinancing from loans fixed two or three years ago.
18-05-2007 more >>

Brakes go on - big dive in house sales

Anne Gibson reports in the NZ Herald that New Zealand's biggest housing market is in the grip of a slow down.
10-05-2007 more >>

Further cuts to fixed rates

There have been further cuts to fixed rates over terms of two to five years from some finance companies and non bank lenders over the past week but some one-year rates have increased. The major banks, however, are maintaining identical rates over all terms.
10-05-2007 more >>