Record high number of agents see house prices rising
The BNZ-REINZ Residential Market Survey for May shows record highs in the net percentage of real estate agents who see prices rising.
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Latest from Economy
Food prices drop slightly in April
New Zealand food prices fell in April as consumers paid less for soft drinks and supermarket shopping.
House sales ease in April, prices dip
Latest property stats show the number of sales eased in April, with prices down slightly from the month before.
Dollar tumble reduces OCR cut prospects
The Reserve Bank's view that the kiwi dollar is set to keep falling has reduced prospects of a cut in an official cash rate, economists say.
Reinsurance premium hikes likely - Reserve Bank
The Reserve Bank expects global reinsurers to pass on their mounting cost of the Canterbury earthquakes to their customers, with another round of hikes to their premiums.
Rudman's city: Industry tapping taxpayers for dry dock a tad rich
It should be funded from within the industry, not subsidised by ratepayers.
Unemployment rate lifts to 6.7pc
New Zealand's unemployment rate unexpectedly rose in the first quarter after the labour force swelled to a three-year high as more people started looking for work in a tight jobs market.
Inside Money: KiwiSaver tax grabs off the table
Compared to the Australian superannuation system, even the original KiwiSaver tax incentives looked anaemic, now the contrast is startling.