Homes in plum areas of Auckland sold for between 7% and 23% of their official valuations, Labour housing spokesman claims.
Would-be house buyers are likely to get into the market before the further mortgage lending restrictions the central bank is planning, perversely undermining existing restrictions. With special feature audio.
ASB Bank drops strong hints it won't be fully passing on any OCR cuts. With special feature audio.
A Moody’s Investor Service analyst, Daniel Yu, says he had expected banks’ provisioning for deteriorating dairy loans to be higher than it is. With special feature audio.