News | Business
9 Feb 2025 12:54
| outlook hotmail | yahoo mail | gmail | news | weather | finance | shopping | about nzcity | Search |
NZCity News
NZCity CalculatorReturn to NZCity
SEARCH 

  • Start Page
  • Personalise
    •    News
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

    •
      Home > News > Business

    Financial pressure for home-owners is set to ease as inflation stabilises

    Financial pressure for home-owners is set to ease as inflation stabilises


    Data predicts inflation will remain close to two-percent this year, with further OCR cuts expected from this month.

    On average, home-owners are spending a fifth of their net income on interest costs.

    Westpac Senior Economist Satish Ranchhod says those who fixed for one-year at the start of last year can expect to benefit.

    He says on an average mortgage, you could save about 300-dollars a month in most regions, and 400-hundred-dollars in Auckland.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     09 Feb: New Zealanders feeling a financial-crunch will still need to watch their spending as inflation starts to ease
     08 Feb: A construction analyst claims Kainga Ora paid three times the market price for a dozen Canterbury units
     07 Feb: Food Safety New Zealand has given Chelsea Sugar a stark warning - for making and selling almost one-thousand tonnes of lead-contaminated sugar products
     07 Feb: Uncertainty as to whether youth unemployment will come down in the second half of the year
     07 Feb: How Trump's tariffs on China delivered a 'double-whammy' to Temu and Shein
     06 Feb: It's been a busy first half for one of the Wellington Phoenix's Japanese imports ... and the Video Assistant Referee ... in their A-League football home game against the Brisbane Roar
     06 Feb: Kiwifruit growers are hoping to make the most of a new variety
     Top Stories

    RUGBY RUGBY
    Beauden Barrett has underlined why he believes Super Rugby should open its arms again to Japan More...

    BUSINESS BUSINESS
    New Zealanders feeling a financial-crunch will still need to watch their spending as inflation starts to ease More...


     Today's News

    		 Rugby:
    Beauden Barrett has underlined why he believes Super Rugby should open its arms again to Japan 12:27

     Cricket:
    The Black Caps expect Pakistan to bounce back when the two sides clash in the Champions Trophy in Karachi later this month 11:57

     Rugby:
    New Super Rugby Pacific CEO Jack Mesley is eager to bring a twelfth team back into the competition following the axing of the Melbourne Rebels 11:47

     Education:
    Haydee Ong is taking women's basketball to new heights in the Philippines 11:17

     Law and Order:
    A 60-year-old man has been charged following an alleged stabbing in West Auckland's Titirangi last night 11:07

     Cricket:
    Black Caps all-rounder Glenn Phillips can finally tick "maiden international ODI century" off his cricketing bucket list 11:07

     Soccer:
    Chelsea's run in the FA Cup is over in the fourth round after a 2-1 loss away at Brighton 11:07

     Politics:
    In the UK, a junior Minister has been has been sacked after a string of offensive comments against constituents and fellow Labour Party MPs 10:47

     Health & Safety:
    Emaciated hostages anger Israelis, with freed Palestinians hospitalised 10:07

     Rugby:
    A last-minute try to replacement Elliott Daly has seen England stun France 26-25 in a dramatic Six Nations rugby contest at Twickenham 9:27

     News Search




    Power Search

    © 2025 New Zealand City Ltd