The Mix

News you may have missed

Reserve Bank proposes introducing debt-to-income (DTI) mortgage restrictions

RBNZ plans a new mid-year mortgage lending restriction, limiting bank loans for high-debt borrowers to ensure financial system stability. More...

Best-selling author: From $100m real estate deals to life ‘in the gutter’

When the global financial crisis hit in 2008, Nichole Lewis lost her high-flying job in the property industry, her home and rental properties.  She shares how she turned it all around in her book. More... 

 

Property market ‘returning to normality’, data shows

The national average asking price for a property dipped again in December but the decline is slowing, More...

Insurance won’t cover $2.3b of damage from 2023’s big storms

Families and businesses affected by last summer's extreme weather face a multi-billion-dollar challenge due to exclusions, outdated rebuild costs, and insufficient insurance coverage. More...

Apartment owners struggle with skyrocketing insurance premiums, Treasury admits ‘knowledge gap’

Geraldine Murphy, spokeswoman for Inner City Wellington residents' association, raises concerns about soaring insurance premiums, deemed unaffordable for some. More...

CoreLogic HPI shows average dwelling values are rising but the pace of growth is slowing

The average value of New Zealand dwellings increased by $3696 in January, according to the property data company CoreLogic. More...

Reserve Bank finally convinces politicians to support debt-to-income restrictions for home loan borrowers after years of lobbying

After years of political opposition and scepticism, the Reserve Bank (RBNZ) looks set to implement debt-to-income ratio restrictions on banks' mortgage lending with the cautious support of New Zealand’s two main political parties. More...

When will home loan rates tumble?

RBNZ headquarters. RBNZ chief economist Paul Conway's speech on January 30 may give Kiwis a better sense of when interest rates will fall. More...

Otago one of the world's most-welcoming regions

Otago secures the seventh spot on the list of the world's 20 most-welcoming regions. With its breathtaking scenery, including snow-capped mountains and glacial lakes, coupled with the renowned southern hospitality. More...