Interest.co.nz

1 day ago | interest.co.nz | Edward Yiu |Gareth Vaughan |David Hargreaves

By Edward Yiu & William Cheung*New Zealand’s unaffordable housing market has left many low and middle-income families reliant on the accommodation supplement to cover rent and mortgage payments. But our new research has found the scheme, which costs the government almost NZ$5 billion a year, might not be an effective tool in addressing the country’s housing affordability crisis.

2 days ago | interest.co.nz | David Chaston |Gareth Vaughan |David Hargreaves

Economy / news A review of things you need to know before you sign off on Thursday; realtor commission report, rising sentiment and inflation, more on welfare benefits, more bankruptcies, high NZGB demand, swaps & NZD stable, & more 24th Apr 25, 3:59pm by Here are the key things you need to know before you leave work today (or if you work from home, before you shutdown your laptop). MORTGAGE RATE CHANGES There were no changes today. All rates are here. TERM DEPOSIT/SAVINGS RATE CHANGES There...

2 days ago | interest.co.nz | Gareth Vaughan |David Hargreaves |Luron Iosefa

Here are the key things you need to know about in the NZX markets over the past 24 hours. Changes are as at 3:00 pm and may change when the market closes at 4:45 pm. WHAT THE NZX 50 INDEX IS DOINGThe NZX50 rose +0.7% today, trimming recent losses but still down -6.0% over the past six months. The index is up only +0.8% year-on-year. THE MAIN GAINERSSkellerup (SKL, #33) led the 54 gainers with a 5% jump, despite falling 1% over the past five days and down 15% over the past month.

2 days ago | interest.co.nz | Gareth Vaughan |David Hargreaves |Lynda Moore

What is it about a long weekend and the supermarkets (and everything else) being closed for one day, that has us racing out the door, trying to find a carpark; this year for many of us in the rain, just so that we can grab those last-minute items we might need!I know why I popped into the supermarket on Thursday evening. I had volunteered to make the fish tacos, to go with the margaritas that I would be having with my girlfriends on Friday evening.

2 days ago | interest.co.nz | David Hargreaves |Gareth Vaughan

Kiwi confidence is rising again - but so are inflation expectations. The latest monthly ANZ-Roy Morgan Consumer Confidence Survey shows that overall confidence of survey respondents has risen - after falling in March. ANZ chief economist Sharon Zollner said this is has shored up an upward trend in the survey "that was starting to look wobbly". However, expectations for inflation in two years' time rose to 4.7% from 4.2% last month (which was also a rise on the previous month).