NZCity NewsLinks -

All Links

24 Jan 2019

Search

NZ dollar stalls after NAB raises mortgage rates
The New Zealand dollar is little changed, dragged off its highs after National Australia Bank said it will be raising interest rates on its mortgage products by between 12 and 15 basis points to respond to sustained increases in funding costs there

Westland Milk suitor Saputo seeks buying opportunities
Canadian dairy company Saputo, linked to an interest in investing into Westland Milk Products, is in expansionist mode.

Data shows you can't blame foreign drivers for high road crash rate
Data from the Ministry of Transport shows Kiwi drivers crash at higher rates than tourists visiting the country from overseas. The numbers show that, in fact, overseas tourists are less likely to crash, compared to New Zealand drivers.In...

5 Hyundai, Kia models have high fire insurance claim rates
DETROIT (AP) — An insurance study shows that owners of five Hyundai and Kia cars and SUVs file fire insurance claims at a rate far higher than the average for comparable vehicles.The Highway Loss Data Institute analyzed claims data...

Stacked First XV rugby teams contributing to declining participation rates
Stacked First XV schoolboy rugby teams are leading to decreasing playing numbers in New Zealand.

World economy forecast to slow in 2019 amid trade tensions
DAVOS, Switzerland (AP) — The International Monetary Fund has cut its forecast for world economic growth this year, citing heightened trade tensions and rising U.S. interest rates.The IMF said Monday that it expects global growth...

Interest rates could stay lower for longer in Europe
FRANKFURT, Germany (AP) — Multiple threats stalking Europe's economy mean the European Central Bank could keep interest rates at rock-bottom levels longer than expected, extending skimpy returns for savers — but supporting indebted...

'Flat' inflation tipped to keep interest rates low
Interest rates look set to remain low if inflation data for the December quarter, due on Wednesday, comes in flat.Economists expect the consumers price index to be zero or to show a very slight gain in the December quarter, making...

NZ human rights to come under scrutiny from UN
Incarceration rates and violence against women will be covered in Andrew Little's presentation to the United Nations on Monday, as New Zealand's human rights record comes up for scrutiny.

My credit cards are maxed out, should I go bankrupt?
My three credit cards are close to their limit, so my credit rating has plummeted to 567. I have automatic payments and have never been late with a payment. I would like to know which, if any, low interest credit cards I would be approved for. My interest is $300 a month and I'm on a fixed disability income. Would it be better for me to file bankruptcy? I'm over 60 and don't contemplate financing a car, home or any other purchase.

Foreign drivers pose no extra threat on NZ roads - ministry data
New Zealand drivers are crashing at higher rates than overseas drivers, according to Ministry of Transport data.

NZ dollar stalled ahead of CPI data; IMF trims global outlook
The New Zealand dollar was little changed with investors awaiting tomorrow’s local consumer price data for guidance on the future interest rate track here

British study raises concerns over weight increases and injury rates in top rugby
A British study revealing the dramatic weight increases in top-level rugby players has called on the game's global governing body to adjust laws to reflect the changes.

Altercation in Invercargill leaves man with serious head injuries
Police are still hunting a person of interest after one person was left with critical injuries after an altercation in Invercargill yesterday.Emergency services were called to an address in Drury Lane, Grasmere, around 3.30pm where...