Fuseworks Media
Member since
- 11 April 2008
Bio
Guide2 subscribes to the Fuseworks Media real-time news platform, which provides a continuous stream of breaking personal finance and business news to this website.
Posts
- Builder welcomes relaxed policy on loan-to-value houses
New Zealand’s number one home builder, G.J. Gardner Homes, welcomes Reserve Bank’s new relaxed policy on loan-to-value houses.
- Lifting LVR restrictions 'tremendous early Christmas present'
The lifting of loan-to-value (LVR) restrictions on new builds is a tremendous early Christmas present for those who housing dreams seemed shattered a couple of months ago, Mike Pero Real Estate CEO Mike Pero says.
- RMBF pleased with LVR exemption
Registered Master Builders Federation is delighted with the Reserve Bank’s announcement today that the construction of new homes will be exempt from the LVR policy restrictions.
- Kiwibank cuts rate for new construction loans
Kiwibank has reacted immediately to the decision by the Reserve Bank to exempt new residential construction from the lending "speed limits" that restrict low equity lending.
- Reserve Bank exempts lending for new construction
New residential construction loans will now be exempt from the loan-to-value (LVR) restrictions introduced from 1 October, Reserve Bank Deputy Governor Grant Spencer said today.
- Positive start to Christmas spending through Paymark
Figures released today by leading payments provider Paymark show spending through the Paymark network over the first seven days of December increased 8.6 per cent on the same time last year, as Kiwi’s gear up for the Christmas rush.
- 2degrees announces 'Share Everything'
When it comes to talking at length on mobile phones, New Zealanders are trailing behind most nations.
- Telecom announces sale of AAPT for A$450 million
Telecom is pleased to announce that it has entered into a binding agreement to sell AAPT for A$450 million to TPG Telecom Limited.
- ANZ NZ Morning Brief
OUTLOOK
CURRENCY: Strength from Chinese exports will need to be priced this morning and should support NZD and AUD. It is hard to see why the NZD would decline ahead of the RBNZ Thursday.
RATES: Expect NZ interest rates to open unchanged to a touch lower.
REVIEW
- Statistics reinforce resilience of dairy farmers
Despite a severe drought that resulted in a shorter milking season for many of New Zealand’s dairy farmers, milk production only decreased by 1.6% during the 2012/2013 season.
- Builder welcomes relaxed policy on loan-to-value houses
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