Articles from ‘’ in ‘Home & Living’

The cost-of-living is about to get costlier with interest rates about to rise (again).

Community Newsfeed • Home & Living • 24 May 2022

by Jarrod Kerr, Jeremy Couchman & Mary Jo Vergara

The RBNZ is set to lift the cash rate, again, by 50bps on Wednesday. The assertive move will see the cash rate hit a neutral setting of 2%. But there will be more rate hikes to come. The focus is on the RBNZ’s forecasts. We expect to see the OCR track pulled forward and shunted higher. We’re interested in the RBNZ’s thoughts around unemployment and inflation into 2023 and beyond. The Government delivered its 2022 budget with a strong…

The Outlook for the Housing Market Darkens Further

Community Newsfeed • Home & Living • 15 Mar 2022

by Jeremy Couchman

Hampered by tightening credit conditions, the housing market continued to cool in February according to the latest data from REINZ. The house price index (HPI) recorded a modest 0.5% gain in the month. However, the data overall paint a picture of a market in decline. Seasonally adjusted, house prices recorded their third consecutive monthly decline. Annual house price growth decelerated further in February to 14.3%, that’s more than half of the…

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Independent News – Est. 2004