|Petrol prices stoke inflation, but interest rates likely to stay put for 12 months|
A jump in petrol prices is expected to have pushed inflation close to 2 per cent in 2017, but interest rate hikes could still be a year away.
© 2018 Stuff.co.nz 3:14pm Short-term interest rates mixed at weekly Treasury auction
WASHINGTON (AP) — Interest rates on short-term Treasury bills were mixed in Monday's auction with rates on three-month bills unchanged while rates on six-month bills rose to their highest level in more than nine years.The Treasury...
© 2018 NZ Herald 11:14am New mortgage special of 4.44 per cent highlights hikes that never happened
Threats of interest rate rises have come to nothing over the past year â?? as a new rate offered by SBS and TSB highlights. The banks are offering a one-year special rate of 4.44 per cent. The market median is 4.99 per cent. That's despite warnings that interest rates would track up over 2017. In January last year, the big four banks were offering one-year rates of between 4.89 per cent and 4.95 per cent. Only Kiwibank had a cheaper rate, at 4.35 per cent. â??Infometrics chief forecaster Gareth Kiernan said there were a range of factors that had kept rates low, including the economic outlook softening, the housing market responding more markedly than expected to the loan-to-value rule tightening, and international interest rates staying low.
© 2018 Stuff.co.nz 7:44am Unpaid rates case to go to High Court
The Auckland Council will take its case against a woman who refused to pay rates to the High Court.
© 2018 RadioNZ Mon 7:14pm Activist Penny Bright's unpaid rates result in Auckland council to seek sale of her property
Activist Penny Bright's house could be sold to recover unpaid rates and penalties on the house.Auckland Council has asked the High Court to proceed with the sale of her Kingsland house.The sale would seek to recover unpaid rates...
© 2018 NZ Herald Mon 6:14pm Boy loses best friend, Charlie the talking cockatiel
A young North Waikato boy has lost his best friend - a talking cockatiel
Now Toby McClay, 10, and his family are desperately crying out for help to get Charlie back home.
Charlie, who is a 15-month-old pearl cockatiel, was bought by the McClay family back in January last year after Toby acquired an interest in pet birds.
The bird has since become a bit of a YouTube hit after videos of him barking and sneezing were posted to the site.
© 2018 Stuff.co.nz Mon 5:04pm
Low mortgage rates the new norm - economist
"Unusually low" mortgage rates will be the new normal after predictions they would rise over the last year fell flat, an economist says.
© 2018 RadioNZ 2:24pm Heat-not-burn cigarette alternative faces US scrutiny
WASHINGTON (AP) — A device that heats tobacco without burning it reduces some of the harmful chemicals in traditional cigarettes, but government scientists say it's unclear if that translates into lower rates of disease for smokers...
© 2018 NZ Herald 10:34am Liz Weston: Should we pay people to save?
Long ago, people were rewarded for saving. Banks contributed something known as "interest" to the amounts deposited in savings accounts.OK, technically they still do, but you'd be forgiven for not noticing the tiny amounts added...
© 2018 NZ Herald 4:34am Oregon voters to decide Medicaid funding as costs rise
PORTLAND, Ore. (AP) — Oregon aggressively expanded its Medicaid rolls under the Affordable Care Act, adding enough people to leave only 5 percent of its population uninsured — one of America's lowest rates.Now, with the reduction...
© 2018 NZ Herald Mon 8:44pm Auckland activist Penny Bright forced to sell house over $35,000 in unpaid rates
Auckland activist Penny Bright may be forced to sell her house in order to settle a $35,000 dispute with the council.
© 2018 Stuff.co.nz Mon 5:34pm