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

Business confidence nixes July RBNZ cut
Economy

Business confidence nixes July RBNZ cut

Economists say July is a pause, not the end point.

Monthly CPI tech takes Stats NZ into the future
Economy

Monthly CPI tech takes Stats NZ into the future

Budget funding for new inflation-reporting tech is a giant leap forward, agency says.

Maria Slade 27 Jun 2025
Corporates think NZ 's on the up: Forsyth Barr
Primary Sector

Corporates think NZ 's on the up: Forsyth Barr

The Pulse of NZ Business survey found construction and retail continue to lag.

Gregor Thompson 25 Jun 2025