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Audited version of Crown accounts sees size of deficit shrink

The Government's books were $9.4 billion in deficit over the past year.

North-island , New-zealand-general- , New-zealand , Grant-robertson , Bank-funding-for-lending-programme , Pre-election-economic , Fiscal-update , Reserve-bank , Minister-grant-robertson , Audited , Version , Of

Audited version of Crown accounts sees size of deficit shrink a little

The audited version of the Government’s financial statements for the year to June align closely with the unaudited version, published in the Pre-Election E

North-island , New-zealand-general- , New-zealand , Grant-robertson , Bank-funding-for-lending-programme , Pre-election-economic , Fiscal-update , Reserve-bank , Minister-grant-robertson , Business , Finance , Prefu

Grant Robertson considered taxing banks' 'windfall' profits

Treasury and Inland Revenue warned of 'unintended consequences'.

New-zealand , Grant-robertson , Commerce-commission , Funding-for-lending-programme , Bank-funding-for-lending-programme , Finance-minister-grant-robertson , May-budget , Inland-revenue , Reserve-bank , Lending-programme , Large-scale-asset-purchase ,

Have mortgage rates peaked or not?

Infometric's Gareth Kiernan takes a look at where mortgage interest rates are headed in light of the recent changed signals from the RBNZ

New-zealand , Gareth-kiernan , Bank-statement , Bank-funding-for-lending-programme , Reserve-bank , Global-financial-crisis , Monetary-policy-statement , Authorised-financial-adviser ,

Let down by the system

Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system

Australia , New-zealand , New-zealanders , Catherine-mcgrath , Shayne-elliott , Adrian-orr , Antonia-watson , Financial-stability-report-the-reserve-bank , Commonwealth-bank , Westpac , Banking-group , Bank-funding-for-lending-programme

Banks' net interest margins rose in December quarter but profit was flat

KPMG suggests ongoing record bank profits could be a thing of the past, at least for now

New-zealand , Financial-institutions-performance-survey , Bank-funding-for-lending-programme , Official-cash-rate , Reserve-bank , Lending-programme ,

Mortgage rates will rise more quickly than expected – ASB

Mortgage rates will rise more quickly than expected – ASB
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Bank-funding-for-lending-programme , Reserve-bank , Lending-programme , வங்கி-நிதி-க்கு-கடன்-ப்ரோக்ராம் , இருப்பு-வங்கி , கடன்-ப்ரோக்ராம் ,

Business Scoop » Halt To Monetary Stimulus Welcomed

Press Release – New Zealand National Party
National welcomes the Reserve Banks announcement that it will reduce the level of monetary stimulus, and it comes none too soon, Nationals Shadow Treasurer Andrew Bayly says. This doesnt come as a surprise given the overwhelming evidence …
National welcomes the Reserve Bank’s announcement that it will reduce the level of monetary stimulus, and it comes none too soon, National’s Shadow Treasurer Andrew Bayly says.
“This doesn’t come as a surprise given the overwhelming evidence that the economy is heating up too much too quickly.
“While a low Official Cash Rate and the Large Scale Asset Purchase Programmes were seen at the start of 2020 as an important way of supporting the economy during the pandemic, they have done their job and it’s time to put monetary policy back on normal footing.

Andrew-bayly , Bank-funding-for-lending-programme , Zealand-national-party , National-shadow , Press-release , New-zealand-national , Reserve-banks , Nationals-shadow-treasurer-andrew-bayly , Reserve-bank , Shadow-treasurer-andrew-bayly , Official-cash-rate , Large-scale-asset-purchase-programmes

Firms consider investing in solar energy as power prices soar

Firms consider investing in solar energy as power prices soar
rnz.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rnz.co.nz Daily Mail and Mail on Sunday newspapers.

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'Game-changer': Bank announces sub 2 percent mortgage rate for new-builds

'Game-changer': Bank announces sub 2 percent mortgage rate for new-builds
Newshub
2 hrs ago
© Image - Getty Images; Video - Newshub
Related video: It follows months of increasingly lower interest rates.
Longer-term fixed interest rates are starting to move up, but for some borrowers the bar on floating interest rates has moved lower.
To support building more homes to boost New Zealand's housing supply, ASB Bank has announced a floating (variable) mortgage interest rate of 1.79 percent for new-builds. It's available to owner-occupiers and investors who are either buying a finished new build home (also called 'turnkey') or building their own home from scratch.

New-zealand , Wayne-henry , Craig-sims , Bank-funding-for-lending-programme , Zealand-green-building-council , Reserve-bank-funding , Lending-programme , Official-cash-rate , New-zealand-green-building , Back-my-build , புதியது-ஜீலாந்து , வேன்-ஹென்றி