Latest from Interest rates

Luxury car sales starting to flatten suggesting rest of vehicle market will too.

Kiwis have become far too comfortable with credit-card debt.

Building consents fell for the second month in a row although Easter played a part

The Government has responded to news that four out of five Aucklanders can't buy a home.

Homeowners will find themselves in trouble if interest rates rise by as little as 0.5 per cent. And it's the young and rich most at risk.

Hoping to pay off your mortgage quicker or simply ease the burden of repayments? Getting housemates could be the way.

The kiwi fell against a resurgent greenback after Federal Reserve chair Janet Yellen said the case has grown for a hike in US interest rates.

New Zealand shares rise for the first time in a week.

Property values in Tauranga have risen 28.1 per cent year on year.

A week ago, when the Budget had delivered no answers to the hyperinflation of house prices, the PM told us to wait for a National Policy Statement.

COMMENT: Further interest rate cuts would continue to make equities and residential property attractive for some investors, particularly on a short-term basis.

The economy grew faster than expected in the December quarter but economists remained unimpressed.

COMMENT: Yes, you're right that it's really important to consider not raw interest rates but how they compare with inflation.

Central banks in the Euro zone - Sweden, Japan, Denmark and Switzerland - now have negative interest rates on the money deposited with them by banks.

Some mortgage holders will have to wait till the New Year before getting their interest rate cut - not so for new customers though.

Interest rate swaps sold to a North Island motel operator were unsuitable for it and "one-way traffic for the benefit" of Westpac, says a witness in a $3 million lawsuit.

Flight Centre's currency exchange business is for a limited time offering a parity deal with the Australian dollar.

US Federal Reserve chair Janet Yellen said that rates would remain low "for some time" while the economy continues to recover.

Auckland Council is deeply divided on how to implement big rates rises next year, after Mayor Len Brown backed down on introducing rates rises of up to 40 per cent.

One hundred years after the outbreak of World War I, Britain plans to repay some of the debt issued to help finance the conflict.

Auckland Council will tomorrow release new valuations for more than 220 suburbs across the region for three-yearly review of CVs.

New Zealanders are paying some of the highest interest rates in the OECD, our house buyers saddled with the punitive prices due to the regime attempting to stop runaway inflation.

Concerned about potential security risks, the US government is taking a close look at last week's sale of New York's iconic Waldorf Astoria hotel to a Chinese insurance company.

NYC's Waldorf Astoria hotel is set to become the biggest prize yet for buyers from China who have been pouring money into US real estate.

Inflation held steady in the June quarter as gains in power prices and home rentals were offset by cheaper package holidays, vehicles and liquor.

Consumer prices rose 0.3pc in the first quarter as a hike in tobacco taxes was offset by cheaper in-season vegetables.

RBNZ and economists agree inflation remained tame in the fourth quarter, keeping intact expectations OCR doesn't need to rise until March.