I was born in West Germany in 1975. Yes, it was still West Germany then. Read more
When land is subdivided and new roads are created, every holder of a registered covenant or easement over that land must individually consent before the road can vest as public road. In practice, this can mean obtaining written consent from hundreds of parties and their banks, at significant cost in legal fees and delays that are ultimately passed through to the price of new homes, even though courts have never found that any of these parties has a material interest. Read more
KiwiSaver has $110 billion in assets and over three million members. Contribution rates rise from April. Read more
When a story recently emerged about the government getting advice on carless days under the Petroleum Demand Restraint Act, older New Zealanders will have felt a warm flush of nostalgia. The 1979 restrictions brought coloured windscreen stickers announcing the weekday car owners had promised not to drive. Read more
| GDP Quarterly Change: | 0.73% |
|---|---|
| GDP Annual Change: | 0.77% |
| Inflation: | 2.73% |
| Optimal OCR: | 2.00% |
| Optimal OCR Gap: | -0.50% |
| Forecasted OCR Change: | 0.00% |