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Power Price Data Shows Hypocrisy of Labours Claims

April 19, 2013 - 11:29 pm

Labour and the Greens launch their electricity policy later today, and if the drought had not already broken the deluge of crocodile tears from opposition MPs would have done the job.
Expect to hear much about high power prices and their impact on the less well off when Labour leader David Shearer and Green co-leader Russel [...]

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Capital Gains Taxes: Myths, Misconceptions and Lies

April 19, 2013 - 11:25 pm

The country is going through another bout of bumper sticker economics over a capital gains tax.

With the Auckland property market performing its well-known impression of a runaway circus elephant whose keepers have shoved a cocktail of speed and hallucinogens into the feed — and with the New Zealand dollar also having one of its [...]

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House Sales at Six-year High, Prices Rise to New Record

April 18, 2013 - 2:02 am

The number of New Zealand house sales rose to a six-year high last month and prices touched a new record as Auckland continued to drive up the national average.
Some 8128 houses were sold in March, up 23 percent from February and 11 percent from the same month a year earlier, according to the Real Estate [...]

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Interest Rates Staying Low

April 18, 2013 - 1:57 am

Bond yields have fallen around the world over the past week driven lower by weak jobs data in the United States and Bank of Japan extraordinary policy easing. In the United States the March jobs report was much weaker than expected with employment ahead only 88,000 rather than the near 200,000 expected and February’s rise [...]

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BNZ-REINZ Residential Market Survey

April 18, 2013 - 1:54 am

Mission Statement
To help Kiwi businesspeople and householders make informed financial decisions by discussing the economy in a language they can understand.
Market Very Strong
All of the eight key measures we use to gauge strength in the residential real estate market edged slightly lower in April. However almost exactly the same thing happened in last year’s [...]

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