News | Business
27 Mar 2025 7:26
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • 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

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

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


    A new Westpac report forecasts inflation to hover around two-percent this year, with further OCR cuts until May.

    New Zealanders can expect a drop in mortgage rates, with higher property values and softer rent hikes to follow.

    However, Senior Economist Satish Ranchhod says households on a tight budget should remain cautious and keep track of their finances, as the cost-of-living crisis isn't over yet.

    He says there are still challenges ahead with rising unemployment and uncertainty for trade policies abroad.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     26 Mar: Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help?
     26 Mar: Employment confidence has bottomed-out
     26 Mar: Homes are becoming more affordable across the country - driven largely by declining mortgage rates
     25 Mar: Confidence in the labour market is shrinking
     25 Mar: 23andMe has filed for bankruptcy. So what does it mean for customers' data?
     25 Mar: The National Emergency Management Agency's assessing whether a 6.7 magnitude earthquake off the bottom of the South Island has created a tsunami risk
     25 Mar: Claims Wellington's residential property market is improving
     Top Stories

    RUGBY RUGBY
    A big 'in' for both the Crusaders and Moana Pasifika for Saturday's Super Rugby match in Christchurch More...


    BUSINESS BUSINESS
    Why are eggs so expensive and how is Donald Trump turning to South Korea, Turkiye and Brazil for help? More...



     Today's News

    International:
    US Defence Secretary Pete Hegseth shared start time of attack on Yemeni militant 7:07

    Entertainment:
    Maria Shriver's divorce from Arnold Schwarzenegger was "brutal" 7:01

    Environment:
    Assurances from Queenstown Lakes District Council, that the treated sewage en route to the Shotover River will be closely watched 6:47

    Entertainment:
    Meghan, Duchess of Sussex has launched an online shop selling products she endorses 6:31

    Entertainment:
    Taylor Swift and Travis Kelce are being urged to have a child by ex-NFL players 6:01

    Law and Order:
    A paedophile teacher jailed indefinitely for sexually abusing 20 Northland boys, is eyeing up a move to the South Island, if and when released 5:37

    Education:
    A Christchurch student has been excluded from school - and is facing several charges after assaulting two teachers with a pair of scissors 5:07

    Law and Order:
    A man's appearing in court today -- following an aggravated burglary in Wellington's Miramar early last week 4:37

    International:
    Prince Harry resigns from charity Sentebale after 'unthinkable' dispute with chair 23:37

    International:
    Donald Trump defends national security adviser's 'glitch' after Atlantic editor added to war group chat 23:27


     News Search






    Power Search


    © 2025 New Zealand City Ltd