News | Business
7 Jan 2026 9:57
| 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.

    © 2026 Newstalk ZB, NZCity

     Other Business News
     07 Jan: Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games - would have a wide reaching impact
     06 Jan: Don't expect house prices to skyrocket this year, like they have in years prior
     06 Jan: New Zealand home values have continued to fall in the past year - but two major centres have bucked the trend
     05 Jan: The Deputy Privacy Commissioner is urging people whose data may have been compromised in major breaches - to take immediate precautions
     05 Jan: Hopes the ASB Tennis Classic will be the first of many strong events on the Auckland calendar
     04 Jan: Cautious optimism from tech experts, in the wake of this week's ManageMyHealth cyber attack
     03 Jan: The operators of patient portal Manage My Health are assuring users it systems are secure
     Top Stories

    RUGBY RUGBY
    It's au revoir for AJ Lam after the upcoming Super Rugby season More...

    BUSINESS BUSINESS
    Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games - would have a wide reaching impact More...


     Today's News

    		 Entertainment:
    George Clooney knew Donald Trump "very well" during his early days in Hollywood 9:53

     Business:
    Retail New Zealand's Chief Executive says the closure of Australian retailer EB Games - would have a wide reaching impact 9:37

     Accident and Emergency:
    Three people are in hospital after surf life savers were alerted by screams at Coromandel's Tairua Beach 9:27

     Entertainment:
    Angelina Jolie feels "excited" to move abroad 9:23

     Environment:
    Hopes all the right conditions will mean a bumper breeding season for kakapo 8:57

     International:
    Australians trapped on Yemeni island Socotra after Saudi Arabia, UAE flare-up 8:57

     Entertainment:
    Cynthia Erivo hasn't "even dared to write" her ambitions for 2026 8:53

     Law and Order:
    Armed civilian militia are patrolling Venezuela's capital - whose President and his wife has been kidnapped by the US 8:47

     Soccer:
    Chelsea have appointed Liam Rosenior as their new manager on a long-term deal 8:47

     Entertainment:
    Tom Hiddleston and Zawe Ashton have welcomed their second child together 8:23

     News Search




    Power Search

    © 2026 New Zealand City Ltd