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Kiwi News - Page 2

Reserve Bank kept interest rates low too long, Covid-19 review finds
Risk & Compliance

Reserve Bank kept interest rates low too long, Covid-19 review finds

The review says delayed tightening helped drive inflation to 7.3 percent, forcing sharper rate rises and weighing on growth and jobs.

By RNZ • 5 min read • Last month
The rise of 'accidental landlords'
Real estate

The rise of 'accidental landlords'

More homeowners are turning failed sales into rentals, as weak demand leaves thousands stuck with property they did not plan to let out.

By RNZ • 4 min read • Last month
Auckland CBD height limits could be scrapped
Real estate

Auckland CBD height limits could be scrapped

The proposal could unlock 17,000 extra homes in Auckland's city centre while leaving viewshafts, sunlight and heritage rules intact.

By RNZ • 2 min read • Last month
Farmers question 'fairness' of 230-home Amberley sub-division
Risk & Compliance

Farmers question 'fairness' of 230-home Amberley sub-division

North Canterbury growers say the plan risks sacrificing productive farmland for a 230-home development with little consultation.

By Local Democracy Reporter • 4 min read • Last month
Mitre 10 opens Pāpāmoa MEGA store with trade entrance
Customer Experience

Mitre 10 opens Pāpāmoa MEGA store with trade entrance

Trade customers in Pāpāmoa will soon get quicker access to supplies, as Mitre 10's new MEGA store adds a walk-up entrance and drive-thru.

By Sean Mitchell • 4 min read • Last month
AHI Carrier expands New Zealand operations with investment
Sustainability

AHI Carrier expands New Zealand operations with investment

Businesses and households should see more heating and cooling options as AHI Carrier pours funds into new branches, training and staff.

By Sean Mitchell • 4 min read • Last month
University wins approval for rapid kauri dieback DNA test
Māori

University wins approval for rapid kauri dieback DNA test

Approval of the assay could speed kauri disease monitoring and help land managers catch the soil pathogen earlier, researchers say.

By Sean Mitchell • 5 min read • Last month
RSK adds BTW Company to expand New Zealand footprint
Drones

RSK adds BTW Company to expand New Zealand footprint

The deal adds about 100 staff and gives RSK a wider base in New Zealand's water, infrastructure and energy markets.

By Sean Mitchell • 4 min read • Last month
'Town is dead': Businesses look to leave Rotorua CBD after parking changes
Urban Planning

'Town is dead': Businesses look to leave Rotorua CBD after parking changes

Shops in Rotorua's CBD say sales have fallen sharply since new parking rules began, with some owners now planning to move out.

By Mathew Nash • 5 min read • Last month
Fulton Hogan opens new asphalt plant in Wellington
Airports

Fulton Hogan opens new asphalt plant in Wellington

Capacity constraints in Wellington should ease as a 200-tonne-an-hour plant boosts asphalt supply for roads, ports and airports.

By Sean Mitchell • 4 min read • Last month
Infrastructure NZ launches election campaign on policy
Housing

Infrastructure NZ launches election campaign on policy

Voters are being asked to weigh party plans on transport, water and energy as Infrastructure New Zealand pushes infrastructure up the election agenda.

By Sean Mitchell • 4 min read • Last month
Ardern's infrastructure legacy wins cross-party backing
Social Media

Ardern's infrastructure legacy wins cross-party backing

Cross-party backing for a 30-year infrastructure plan could curb election-year pork-barrel spending and improve value for money.

By Mike Bishara • 8 min read • Last month
House prices won't be back to 2021 levels until 2030, major bank says
Real estate

House prices won't be back to 2021 levels until 2030, major bank says

A slower, income-led recovery means buyers may not see nationwide house prices return to 2021 peaks until late 2029, ASB says.

By RNZ • 4 min read • Last month
Ngāti Rangi takes stake in Waiouru Defence land under new 50-home deal
Energy efficient

Ngāti Rangi takes stake in Waiouru Defence land under new 50-home deal

Military families at Waiouru will gain 50 modern homes by mid-2028 as Ngāti Rangi takes ownership of the land in a treaty settlement deal.

By Local Democracy Reporter • 4 min read • Last month
Most New Zealand suburbs see house values drift lower
Real estate

Most New Zealand suburbs see house values drift lower

Buyer caution and high listings are keeping New Zealand's housing market weak, with the national median value now GBP £397,944.

By Sean Mitchell • 4 min read • Last month
What real estate agents now have to tell buyers about meth contamination
Housing

What real estate agents now have to tell buyers about meth contamination

Buyers will soon be told when meth residue tops 15 micrograms, as the Real Estate Authority tightens disclosure advice for salespeople.

By RNZ • 4 min read • Last month
Where rents are falling, and where they're not
Real estate

Where rents are falling, and where they're not

Mixed August data suggest New Zealand rents may have bottomed out, as rises in Canterbury and Otago offset falls on the West Coast and elsewhere.

By RNZ • 3 min read • Last month
The mystery buyers snapping up New Zealand's luxury homes
Real estate

The mystery buyers snapping up New Zealand's luxury homes

Off-market deals are drawing local millionaires into New Zealand's priciest suburbs, even as overseas buyers still compete for luxury homes.

By RNZ • 7 min read • Last month
Buyer chosen for central Auckland's abandoned Seascape tower
Real estate

Buyer chosen for central Auckland's abandoned Seascape tower

Relief for Auckland's skyline may be near, with a wealthy bidder lined up to revive the stalled 56-storey Seascape tower.

By RNZ • 2 min read • Last month