The last thing renters need is another reason for an increase

The last thing renters need is another reason for an increase
Rent increases have hit 10% in some parts of the country.
Andy Fyers
Rent increases look set to take centre stage in the housing crisis debate.The government's housing package had nothing in the way of immediate relief for long-term renters.Some of the supply-side initiatives may eventually help, but these could take years to have an effect.Instead the bulk of the immediate support goes to first home buyers, in the form of better access to Home Start grants and – most significantly – the removal of interest deductibility for landlords.It's this provision that seems certain to keep house price...

More Economy

Why this Australian investor likes NZ-listed companies
Economy

Why this Australian investor likes NZ-listed companies

Fund manager believes in NZ's economic recovery, and is putting money behind it.

Manawa deal sparks talk about Infratil's plans
Economy

Manawa deal sparks talk about Infratil's plans

Analysts expect a sale of its WLG Airport stake. Former executives aren't convinced.

Westpac adds another rate cut to its forecasts
Economy

Westpac adds another rate cut to its forecasts

Westpac Bank now expects the official cash rate (OCR) to trough at 3% and has pushed back the timing of its forecast tightening cycle.“Downside risks from global growth suggest the RBNZ [Reserve Bank of New Zealand] may continue easing beyond May,” chief economist Kelly Eckhold s...

Rebecca Howard 09 May 2025
Rams Logistics owed $3.2m to IRD
Economy

Rams Logistics owed $3.2m to IRD

About 50 employees are owed approximately $760,000, the liquidators said.

Gregor Thompson 08 May 2025