In a surprising move the Reserve Bank kept New Zealand official cash rate at 1% this week – many had expected the rate to be reduced to 0.75%. The RBNZ’s Monetary Policy Committee says employment remains around its maximum sustainable level while inflation remains below the 2 percent...

First-time home buyers struggling to save a 20% deposit to put down on a home were thrown a lifeline this week with the launch of a website called Levridge. The Auckland-based company acts as a gateway for investors and home-buyers to help each other. In essence, the investor pays the 20%...

If you have ever felt as if you have lost out financially due to the poor conduct of a real estate agent then you might be interested in a change to the real estate agents act this week. Buyers and sellers can now apply for compensation of up to $100,000 if the conduct of a real estate...