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17 results for “auckland”
Auckland's median house price dipped 0.1% to just over $1.04 million in April 2026, contrasting with a 0.1% national increase. High inventory and looming OCR hikes continue to weigh on NZ's largest property market.
A UK national has pleaded guilty to fraud and shoplifting charges in Auckland after a local couple was scammed out of $27,000 for uncompleted house painting. Police have issued an arrest warrant for his associate who fled the country.
New Zealand's national median property value rose slightly to $809,101 in April, but a 0.1% decline in Auckland and Wellington highlights a widening regional divide as the RBNZ maintains a hawkish stance.
New data reveals that one in six new home loans issued by Westpac New Zealand this year exceeds $1 million, as Auckland first-home buyers face a median entry price of $900,000.
An Auckland man has recovered $19,300 after falling victim to a sophisticated SIM swapping scam that targeted his ANZ bank account. The incident has prompted One NZ to implement a new 15-minute delay on SIM transfers.
New Zealand's housing market slowed significantly in April 2026, with national sales volumes falling 7.9% annually and the median price dropping to $775,000. Rising inventory levels and anticipated interest rate hikes are contributing to a shift in market dynamics.
Air New Zealand has appointed Josh Emett as its new Culinary Ambassador to redesign premium dining experiences. The new menus will debut in October 2026 across long-haul flights from Auckland and North America.
New Zealand recorded 37,813 new home consents in the year to March 2026, an 11% increase that ends a three-year period of decline. While Auckland and Canterbury lead the recovery, economists warn that rising material costs and global supply chain disruptions could temper future growth.
New Zealand's national median weekly rent rose to $625 in April 2026, marking the first monthly increase since late 2025. While major centres like Auckland and Wellington saw declines, a 5% drop in available properties and an 8% surge in demand are pushing regional rents higher.
Air New Zealand is set to launch three new non-stop international routes from Christchurch to Singapore, Tokyo, and Perth starting in late 2026, supported by the return of its Boeing 787 fleet.
New Zealand First has announced plans to automatically enrol newborns in KiwiSaver with a $1000 contribution and buy back BNZ to create a new state-owned national bank.
Mercury NZ Limited has announced a phased $1 billion investment plan to expand its geothermal energy platform near Taupō, aiming to power 125,000 additional homes by 2030.
New Zealand house prices are forecast to fall by 2% in 2026 as consumer confidence reaches a three-year low. Despite a marginal monthly rise in April, high inflation expectations and a retreat by property investors continue to weigh on the market.
New Zealand's property market is bracing for a 2% price decline in 2026, reversing earlier growth forecasts. Rising mortgage rates and record-high inventory levels are driving the shift toward a buyer's market.
ANZ New Zealand faces a potential $125 million payout after the High Court ruled the bank breached the Credit Contracts and Consumer Finance Act. The judgment affects 17,000 customers following a coding error in loan variation letters between 2015 and 2016.
A surge in retail investing is being driven by New Zealand's Gen Z, with 30% starting in early adulthood compared to just 6% of Baby Boomers. Despite economic pressures and an 18% youth unemployment rate in Auckland, fintech platforms like Sharesies are empowering a new generation of Kiwis to take control of their financial futures.
New Zealand business confidence plummeted to -10.6 in April 2026, a 43-point swing from March, as Middle East conflict and fuel supply disruptions trigger a sharp cost shock.