News | Business
24 Dec 2025 10:58
| 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
     24 Dec: Pressure builds on Milano Cortina organisers amid climate concerns and funding issues
     24 Dec: Scepticism about a free trade agreement with India, less than a year out from the election
     24 Dec: A jury's ordered US pharmaceutical giant Johnson and Johnson to pay more than 2.5 billion dollars - to a woman who blamed it for causing her cancer
     24 Dec: This year's Christmas spread could cost a bit more to put on tomorrow
     24 Dec: Rising prices could be prompting Kiwis to change their Christmas spread
     23 Dec: Berries, corn, and fruit pies are in hot demand as supermarkets prepare for the Christmas rush
     23 Dec: Don’t drive the sleigh on your own: 5 tested management tips for surviving Christmas like a boss
     Top Stories

    RUGBY RUGBY
    Jonny Tata's quest to become the first kiwi to advance to the third round at the world darts championship has been dashed More...

    BUSINESS BUSINESS
    Pressure builds on Milano Cortina organisers amid climate concerns and funding issues More...


     Today's News

    		 Entertainment:
    Michelle and Barack Obama were due to meet Rob Reiner and his wife Michele on the day they died 10:50

     Rugby League:
    Two-time former champion Gary Anderson is through to the last 32 at the world darts championship .. 10:47

     Law and Order:
    A Christmas miracle in Nelson - a cat stolen in a break-in at the SPCA ten months ago has been found 10:27

     Entertainment:
    Nick Reiner is set to be formally charged with the murders of his parents 10:20

     Rugby League:
    An epic on the oche at Ally Pally .. 10:07

     Environment:
    Most of NZ’s flowering plants grow nowhere else – and Christmas falls in peak blooming season 10:07

     Business:
    Pressure builds on Milano Cortina organisers amid climate concerns and funding issues 10:07

     Entertainment:
    Chris Hemsworth and Elsa Pataky have experienced some "complicated times" in their relationship 9:50

     Motoring:
    Drivers are being urged to make sensible choices this summer 9:27

     Entertainment:
    Amanda Seyfried's stage fright is stopping her from performing on Broadway 9:20

     News Search




    Power Search

    © 2025 New Zealand City Ltd