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Inflation Stories - Page 25

Kiwi Stories

Inflation stories

Reserve Bank proposing to ease LVR restrictions
Bank of New Zealand

Reserve Bank proposing to ease LVR restrictions

First-home buyers could find it easier to secure mortgages as lending limits are raised from 1 June, easing pressure on banks.

By Michael Curreen • 3 min read • Fri, 28th Apr 2023
The year that was leaves a legacy
Supply Chain

The year that was leaves a legacy

Severe weather, Covid and inflation are worsening New Zealand’s infrastructure, emergency readiness and cost of living, with repairs set to take years.

By Staff Writer • 6 min read • Mon, 24th Apr 2023
Is the housing market a casualty of the Reserve Bank’s war on inflation?
Bank of New Zealand

Is the housing market a casualty of the Reserve Bank’s war on inflation?

Mortgage rates may already be near their peak, but new borrowers still face tough affordability tests and repricing pressure for months.

By Michael Curreen • 5 min read • Wed, 5th Apr 2023
Training and minimum wage rises kick in this week
New Zealand Labour Party

Training and minimum wage rises kick in this week

Around 222,900 workers will see higher pay from Friday as New Zealand’s minimum wage rises to NZD $22.70 an hour.

By Michael Curreen • 2 min read • Sun, 26th Mar 2023
Will the election have an impact on property market activity?
New Zealand Labour Party

Will the election have an impact on property market activity?

Uncertainty over tax and housing policy could briefly slow residential sales, though commercial activity is likely to stay driven by rates and inflation.

By Staff Writer • 5 min read • Mon, 6th Feb 2023
ACT & Greens agree fuel tax cut ‘poorly targeted’
Green Party

ACT & Greens agree fuel tax cut ‘poorly targeted’

Critics say the extension shifts more than NZD $1.3 billion a year from roads to petrol discounts, favouring higher earners over low-income households.

By Staff Writer • 3 min read • Fri, 3rd Feb 2023
Will businesses be paying more for their IT services in 2023? Yes, here's why
Supply Chain

Will businesses be paying more for their IT services in 2023? Yes, here's why

Inflation, a recession, and a shortage of skilled workers are causing price increases in the IT sector, putting pressure on businesses.

By Frazer Scott • 5 min read • Thu, 2nd Feb 2023
No reprieve for persistent property price falls
New Zealand Labour Party

No reprieve for persistent property price falls

New Zealand home values fell for a 10th straight month in January, leaving prices 7.2% below a year ago and raising further downside risks.

By Michael Curreen • 6 min read • Wed, 1st Feb 2023
Accelerated commercial activity expected in 2023
Hybrid & Remote Work

Accelerated commercial activity expected in 2023

Volatile interest rates could push owners and investors back into the commercial property market, with prime sales tipped to lift from Q2.

By Michael Curreen • 5 min read • Tue, 24th Jan 2023
QV releases predictions for 2023 property market
GFC

QV releases predictions for 2023 property market

Higher borrowing costs and recession fears are expected to keep New Zealand house values under pressure through 2023, QV says.

By Michael Curreen • 16 min read • Fri, 20th Jan 2023
Rise in house construction costs easing
Supply Chain

Rise in house construction costs easing

The pace of homebuilding inflation is slowing, though costs in New Zealand’s main centres still rose 11.3% over the past year.

By Michael Curreen • 3 min read • Mon, 16th Jan 2023
What were 2022’s top performing suburbs?
GFC

What were 2022’s top performing suburbs?

Higher mortgage rates and tighter lending rules have left New Zealand’s housing market weaker than expected, with sales at a 12-year low.

By Michael Curreen • 6 min read • Tue, 10th Jan 2023
Higher mortgages create hesitant housing market
Bank of New Zealand

Higher mortgages create hesitant housing market

Rising borrowing costs are keeping buyers on the sidelines as New Zealand sales fall 36.1% year on year and prices soften.

By Michael Curreen • 9 min read • Tue, 13th Dec 2022
‘One bright light’ amidst housing market downturn
Bank of New Zealand

‘One bright light’ amidst housing market downturn

Sales rose nearly 8% in November, offering a rare sign of resilience as New Zealand’s median house price fell 12.4% year on year.

By Michael Curreen • 3 min read • Mon, 12th Dec 2022

Global Stories

Inflation stories

Five product development trends impacting the CAD market
Manufacturing

Five product development trends impacting the CAD market

The Computer Aided Design (CAD) market continues to be driven by the needs of manufacturers in response to macroeconomic trends.

By Shaw Luen Lau • 6 min read • Mon, 1st May 2023
Global IoT market size set to grow 19% in 2023 – report
Internet of Things

Global IoT market size set to grow 19% in 2023 – report

The global Internet of Things market is set to grow 19% in 2023, according to the latest IoT Enterprise Spending Dashboard and Tracker.

By Shannon Williams • 6 min read • Thu, 9th Feb 2023

Stories from Other Regions

Inflation stories

This is no time to retreat in cybersecurity
Supply Chain

This is no time to retreat in cybersecurity

We can probably all agree that we're living through the worst Cybersecurity Crisis in history with respect to the threat environment.

By Nick McKenzie • 3 min read • Tue, 28th Feb 2023