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By Tracy Withers Mar 13, 2014 Photographer: Mark Coote/Bloomberg The Reserve Bank of New Zealand today raised its forecasts for inflation, predicting it... Read More New Zealand raised its key interest rate, the first developed nation to exit record-low borrowing costs this year, and said it plans to remove stimulus faster than previously forecast to contain inflatio..

Mar 15, 2014 | 0 Comment(s) Restrictions on high-debt lending caused a fall in home sales year-on-year to February, according to the Real Estate Institute of New Zealand (REINZ). The restrictions mostly impacted the first time buyers, experts said.    But house prices rose after two months of decline, the price rise in February being attributed to an increase in ..

2014.3.13 Associated Press By NICK PERRY 1 hour ago WELLINGTON, New Zealand (AP) — In another sign the world economy is finally picking up steam after five years of recession and anemic growth, New Zealand on Thursday became the first developed nation to embark on a program of interest rate hikes. New Zealand's Reserve Bank raised its benchmark interest rate by qua..

REUTERS, 2014. 3. 4 WELLINGTON (Reuters) – Anticipating New Zealand’s first monetary tightening cycle in 10 years, yield-hungry global investors are again piling into its financial assets, hinting at a return of the “kiwi carry trade”. That could push the currency to its highest level since it was allowed to trade freely in 1985 and provide an uncomfortable r..

Updated at 6:55 am on 12 February 2014 Westpac says the drivers pushing the prices of New Zealand's main exports to stratospheric levels are looking more structural than cyclical. The bank said in its latest economic overview it was not just about the $5 billion boost in the dairy industry's income, because a wide range of sectors were benefiting. Chief economist Dom..

2014. 2. 1 Interest rates set to climb despite unchanged OCR NZ dollar falls after OCR kept on hold The New Zealand dollar is heading for a 1.3 percent fall on a trade-weighted basis this week after the Reserve Bank kept interest rates on hold and the Federal Reserve trimmed another US$10 billion from its bond buying programme. The trade-weighted index fell to a mont..

Saturday  1 February  -  11:47 am Reserve Bank Governor Graeme Wheeler has confirmed he expects to raise the benchmark interest rate to about 4.5 percent in the next two years to curb inflation. Reserve Bank governor Graeme Wheeler. Photo: RNZ Mr Wheeler said on Friday the New Zealand economy was growing too fast to keep inflation in check, which was why intere..

2014-01-14          WELLINGTON, Jan. 14 (Xinhua) -- Business confidence in New Zealand is at its strongest in two decades, according to the results of a survey released Tuesday, which prompted commentators to tip a rise in interest rates in March. Economic activity accelerated in the second half of 2013, according to the December 2013 Quarterly Survey of ..

Wednesday 22 January 2014 Auckland sales volumes were down from 2794 sales in November to 2201 last month. National house prices hit a new high of $427,000 last month but new mortgage restrictions and a Christmas slowdown was blamed for the Auckland region prices falling $20,000. Real Estate Institute figures showed house prices up $2000 across New Zealand from Novem..

Updated at 1:44 pm on 8 January 2014 Auckland's biggest real estate agency says the average price of a home in the city has never been higher. Auckland's biggest real estate agency says the average price of a home in the city has never been higher. Photo: PHOTO NEW ZEALAND Barfoot and Thompson said the average residential sale price in December last year was $700,387..