Property

What's happening in real estate, commercial property and property investment
Photo / Mark Mitchell

Rise of the 30-year home loans

Thousands of Kiwis desperate to get on the property ladder are signing up to 30-year mortgages - but many are saddling themselves…

Kiwibank. Photo / Dean Purcell

KiwiBank lifts profit 3pc

Kiwibank, the state-owned lender, lifted annual profit 3 percent as it widened net interest margins, and is looking to start…

Dollar plunges to 7-month low

The Kiwi dollar dropped to a seven-month low after the US Fed raised its expectation for the level of interest rates by…

Net inflow hits record at 43,500

Photo / Thinkstock

The net inflow of migrants hit a record 43,500 in the year ended August, boosting the population by nearly 1 per cent. Arrivals…