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Property
Westpac Bank sees more pain ahead for households
Westpac Bank is predicting more pain for households over the year ahead as inflation erodes spending power and borrowing costs push higher.“Conditions for borrowers are set to become a lot tougher over the coming year. Close to half of all fixed-term mortgages will come up for re...
Property
Higher rates and falling prices hammer NZ homeowners
Rising interest rates and the housing slowdown are expected to drive the economy into recession this year as consumers cut back on spending.
Property
Armstrong Downes claims jump to $30.4m
The liquidator of the failed construction contractor has received an unspecified settlement.
Property
Townhouse numbers up 32%, as consents trend down
Multi-unit housing developments continue to be signed off in Auckland.
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Oliver Lewis
Infrastructure Editor
Oliver Lewis won the local government reporting category at the 2023 Voyager Media Awards. He is part of our investigations unit and also covers infrastructure, housing and employment issues. Formerly with Stuff/The Press, Oliver has also written for the Guardian and North & South.
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articles by Oliver