Inflation stories
The challenge for the industry is how to deliver investment against a backdrop of rising material and labour costs as well as a critical decarbonisation agenda.
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Christmas freight and passenger services face major disruption after KiwiRail’s chief executive quit amid looming nationwide strike action.
Rising mortgage costs and tighter lending rules are expected to cool the market, even after values posted their first monthly acceleration in six months.
Homeowners face higher rebuild insurance bills as labour and materials shortages pushed residential construction costs up 2.2% in June.
Property deals are being slowed by fresh restrictions, but Colliers expects demand to recover quickly once alert levels ease.
Borrowers face higher repayments and tighter credit as rate rises, though lockdown likely postpones the Reserve Bank’s next move.
Borrowers face tighter lending rules as the Reserve Bank moves to curb risky loans amid house values rising 1.8% in July.
Rising mortgage rates and tax changes are set to cool sales, but CoreLogic says a full property downturn still looks unlikely.
House prices could surge 30 per cent in three years unless regulators curb lending as ultra-low rates fuel debt and investor demand.
Sydney has slipped to 97th as a weaker Australian dollar makes expatriate life cheaper across Australasian cities in the latest global ranking.
Borrowers could see lower mortgage rates after the Reserve Bank cut the official cash rate to 1.5% and hinted at another fall this year.
Global growth is expected to slow as US-China trade tensions, heavy debt burdens and fragile emerging markets weigh on the outlook.
Low mortgage rates should keep property demand supported after the Reserve Bank left the official cash rate unchanged again, though risks remain.
Higher truck operating costs, including fuel and road user charges, are set to feed through to shoppers as freight firms lift prices.
Higher fuel taxes could raise freight costs, with road carriers warning households will pay more unless extra revenue funds roads.
Raising landfill charges over seven years could lift New Zealand's recycling rate to 60 per cent and add 9,000 jobs, a report says.
Rising finance costs and subcontractor shortages are likely to delay some Auckland projects as construction inflation remains elevated.
New Zealand business confidence slipped in the first quarter, with firms remaining fairly optimistic, consistent with moderating economic growth.
The New Zealand dollar tumbled after figures showed China's exports unexpectedly fell while its imports recorded a bigger decline than forecast, signa.
