Economy

NZ isn't alone in having a red-hot housing market

Jenny Ruth
Thu, 08 Apr 2021

Westpac acting chief economist Michael Gordon says the Reserve Bank won't raise interest rates any time soon.

Jenny Ruth
Thu, 08 Apr 2021

CNN reported a fixer-upper in suburban Washington DC attracted 88 offers within three days of listing, 76 of them all-cash offers.Business Insider reported that a smallish house in suburban Sacramento in California got 122 offers in two days and sold for about US$50,000 (NZ$70,868) over the $400,000 asking price.The Economist reported US house prices rose 11% in the year ended January, the fastest pace of price increase in 15 years, while house prices in Britain increased 8% and by 9% in Germany in 2020.The US National Association of Realtors s...

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Markets Wake Up Call

Wake Up Call: Land of irrigation and fertiliser

Staff reporters | Thu, 15 Apr 2021

Farm size, fertiliser use and irrigation will be under the spotlight in a new report released by Ministry for the Environment and Stats NZ.

Finance

Covid claims boutique vineyard Lamont Wines

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After exhausting all other avenues, Lamont Wines investor Southern Ventures called in receivers to put the boutique winemaker on the block.

Opinion

How can we encourage property investors to pivot into tech?

Peter Griffin | Thu, 15 Apr 2021

Existing property investors may look to put an increasing portion of their wealth into other asset classes and that’s an opportunity for cash-hungry tech companies and the venture funds that can invest in tech on their behalf.

Partner Content

Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

NZ isn't alone in having a red-hot housing market

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