Buying your first home, and owning a freehold home on retirement, are considered to be Kiwi rites of passage—but rising house prices in a competitive market can make downsizing difficult. Some savvy planning can put you ahead of the market, find out more here...Read more
Spring is the traditional time of year banks begin to rival each other on interest rates. A few weeks ago, New Zealand’s largest lender pushed its one-year rate to an all-time low, with other banks closely following. Since then, we’ve seen cuts in interest rates across the board. Read our advice on making the most of low interest rates.
Borrowing more than you can chew is never a good idea. According to the Reserve Bank, restrictions on low-deposit (high-LVR) residential mortgage lending act as a ‘speed limit’ on how much low-deposit lending banks can do. These were relaxed slightly earlier this year. Is it likely they will be relaxed further?Read more
Is the New Zealand economy headed for a downturn? We ask economist Cameron Bagrie who gives us a full rundown of the NZ economy's pros and cons at present.
Buying home and contents insurance online or through your bank can make things easy yet it may not result in the best outcome for the insured party. For this reason we urge people to take more time researching the differences between insurance companies and what their policies cover.Read more