With interest rates falling this is a great opportunity to reduce your loans. If you have a revolving credit facility this will mean that more funds become available as your balance reduces which means that this could add up to another deposit to purchase another property since the limit stays the same (unless its a [...]

Article written by Damien Grant- NZ Herald June 3 We live in the best of times – interest-free student loans, pensions for all, free health care, free education for our children and free ferry rides for our grandparents. Interest rates are low, our dairy remains in demand, our banking system is untainted by the winds [...]

Building consents at lowest level in 46 years, stats NZ figures show It’s generally been known that once the building industry picks up that the NZ economy starts to move since more employment filters through the various supply companies involved with construction.  We’re certainly not out of the recession but compared to what I am hearing [...]

NZ Herald – 20/05/2011 Mary Holm: Silver rather than gold-plated, but still hard to beat Main points from this article and some responses below The gainers from the proposed KiwiSaver changes in the Budget are those who don’t belong to the scheme. That’s because the Government contributions are a transfer of wealth from all taxpayers [...]

There is one list I subscribe to which gives very indepth information about the economy and all the factors influencing it. The website is http://www.sra.co.nz/ and the reports are written by Rodney Dickens.         I highly recommend subscibing to his list. He has put out several chapters about “How the economy works”. [...]

The latest from the ANZ Economist Market Focus report The portion below relates to the property market taken from the attached report (this information should be read along with the disclaimers in the attached report) To read the whole report ANZ-Market-Focus-20110411 WHAT’S T H E VI E W? The OCR is a blunt instrument. Emergency [...]

NBR 23/03/2011 The Government will face the biggest budget deficit in New Zealand’s history at the end of the current financial year, Finance Minister Bill English says. Mr English faced criticism in Parliament today from Labour MPs who questioned the need for cutting budget spending, which the Government says is necessary because it is going [...]

Now that National has finally woken up to the sad state of affairs that our country’s economy is in, I recommend they read my discussion document ‘Budget 2010: Combating Government Waste’ which outlines practical solutions to get Government spending under control, ACT New Zealand Finance Spokesman Sir Roger Douglas said today. “The discussion document identifies [...]

(Reuters) – The New Zealand economy is rebalancing and there are reasons to be optimistic about the outlook despite the subdued performance in the second half of 2010, Finance Minister Bill English said on Thursday. Earlier official data showed gross domestic product grew 0.2 percent in the three months to December 2010, slightly above market [...]