Hobbiton

Why Hamilton Witnessed A Sharp Rise In House Prices In 20 Years

WELLINGTON: A recent study has assessed the reasons for a rapid rise in housing prices and rentals in the last 20 years in New Zealand's...
Houses

NZ Realty Mkt Takes A Sharp Dip Due To Rise In Interest Rates

WELLINGTON: Property market across New Zealand is marred by a rise in interest rates and falling prices, leading to low transaction activity across the...

NZ GDP Grows 1% Annually In June Quarter, Australia’s Rises 3.6%

WELLINGTON: New Zealand's GDP grew 1.7% for the quarter ended June, 2020 on the back of the services industries, which makes up about two...
inflation prices

NZ’s Inflation Spikes To A Record 32-Year High To 7.2% In 2022

Even as the world reels under high inflation in a post pandemic world marred by the Russia-Ukraine war, New Zealand is seeing some of...

FINANCE: What Is The KiwiSaver Scheme & How To Invest In It?

The KiwiSaver Scheme is an initiative designed to help New Zealanders secure a more stable financial future. Introduced in 2007, the program encourages residents...
dollar

RBNZ Hikes Official Cash Rate (OCR) From 3% to 3.5%

On the back of a streghtning dollar leading to a rise in inflationary pressures, the RBNZ Monetary Policy Committee has increased the Official Cash...
gold bank

Do You Know The History Of New Zealand’s Financial Sector?

New Zealand's financial sector is a strong backbone that supports the island nation's vibrant economy. The industry has a rich history and operates under...

ECONOMY: Building Activity & Construction Slowing Down in NZ

WELLINGTON: The seasonally adjusted volume of building activity was $8.9 billion in the June 2023 quarter, down 0.1 percent compared with the March 2023...