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New Zealand has a property market of two halves - Auckland and everywhere else, according to the latest AMP360 First Home Buyer Affordability Report.
Hon Bill English told TV One’s Q+A programme that anti-poverty campaigners like Jonathan Boston and the Children’s Commissioner use "a set of measures which you’ll never be able to satisfy."
"Spark New Zealand supports the expansion of broadband and mobile connectivity in rural New Zealand," says Managing Director Simon Moutter.
The economy still has a ticket to ride; consumer confidence is down, but remains very healthy, according to the ANZ-Roy Morgan New Zealand Consumer Confidence report.
By Ric Spooner (Chief Market Analyst, CMC Markets)
The question of when and how fast the US Fed begins to lift interest rates remains the dominant macro issue for equity markets and will be front of mind for traders again today.
Budget 2015 continues the Government’s investment in ensuring fairness in the tax system by pursuing those attempting to avoid paying tax, Revenue Minister Todd McClay says.
Skilled job vacancies advertised online increased by 6.3 per cent in the past year, according to the latest Ministry of Business, Innovation and Employment Jobs Online report.
- It was a busy night for data, but the price action in markets was muted as the UK, US and much of Europe wound down for the forthcoming bank holiday weekend.
- Generally, data overnight came in on the weaker side of expectations.
Apart from the much discussed announcement of extra funding for property tax compliance and a number of measures directed at providing extra tools to Inland Revenue for this work, there were refreshingly few changes to tax settings announced in today’s Budget.
ASB has made a number of changes to its home loan fixed interest rates. All carded fixed interest rates for terms between one to five years are now 5.99% p.a and it has reduced its 6 month carded fixed interest rate to 5.59% p.a.
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