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2 Nov 2025 19:48
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      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

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     Top Stories

    RUGBY RUGBY
    All Blacks coach Scott Robertson is praising the two youngsters that helmed the second row in the 26-13 win over Ireland in Chicago More...

    BUSINESS BUSINESS
    Changes to the Protection of Personal and Property Rights Act have shown little consideration for intellectually disabled Kiwis More...


     Today's News

    		 Accident and Emergency:
    A person has died after a crash in Waikato's Rangiriri 18:57

     Cricket:
    A boost for the Black Caps T20 side with fast bowler Kyle Jamieson named to return from a side strain injury for the five-match T20 series against the West Indies 18:37

     International:
    Easy low-alcohol cocktails and non-alcoholic drinks for summer 18:07

     Rugby:
    All Blacks coach Scott Robertson is praising the two youngsters that helmed the second row in the 26-13 win over Ireland in Chicago 18:07

     Rugby League:
    Kiwis coach Stacey Jones expects Tonga to come out firing in tonight's Pacific Championship game at Eden Park 17:47

     Auckland:
    Auckland Transport says an electric bus that collided with an overpass and caught fire was out of service at the time and had no passengers on board 17:37

     Hamilton:
    UK train stabbing leaves 10 in hospital, nine with life-threatening injuries, police say 17:27

     Rugby League:
    Tongan coach Kristian Woolf is adamant his side won't be chasing the big points spread they need in tonight's Pacific Championship showdown against the Kiwis 16:57

     Rugby League:
    Kiwis coach Stacey Jones reckons the intense interest in league's Pacific Championships is a signal New Zealand's ready for a second NRL team 16:17

     Rugby League:
    The Kiwi Ferns are aware they can't afford a slow start against the Jillaroos in this afternoon's Pacific Championship contest at Eden Park 15:27

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