A record portion of new bank lending to first-home buyers is going to those with small deposits.

More than half of the $1.1 billion lent to first-home buyers in January went to borrowers with deposits of less than 20 percent, according to the latest Reserve Bank figures.

NZ Herald Wellington business editor Jenee Tibshraeny explained further. 

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A record portion of new bank lending to first-home buyers is going to those with small deposits.
More than half of the $1.1 billion lent to first-home buyers in January went to borrowers with deposits of less than 20 percent, according to the latest Reserve Bank figures.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.&nbsp;
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Jenee Tibshraeny: NZ Herald Wellington business editor on the increase in new lending going to first-home buyers with small deposits

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d875a4a6-85c6-49c6-9dd7-b40300815b50/transcript

Wealthy overseas buyers will soon be able to buy themselves a spot in the New Zealand property market - under new terms.

The foreign house-buyer rules will change on Friday, allowing those who qualify for the visa and pay more than $5 million to purchase a house.

Luxury real estate agent Anthony Morsinkhof joined the Afternoons team to discuss these changes, and see whether they go far enough.

LISTEN ABOVE

Wealthy overseas buyers will soon be able to buy themselves a spot in the New Zealand property market - under new terms.
The foreign house-buyer rules will change on Friday, allowing those who qualify for the visa and pay more than $5 million to purchase a house.
Luxury real estate agent Anthony Morsinkhof joined the Afternoons team to discuss these changes, and see whether they go far enough.
LISTEN ABOVE

Anthony Morsinkhof: luxury real estate agent on the Government relaxing the foreign buyer ban

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4de8d8f5-a0c2-43e9-81ca-b404001eab67/transcript

There's been growing concerns about what the ongoing crisis in the Middle East could do for petrol prices.

There's fears Kiwi motorists will soon pay the price at the pump over the escalating conflict, and retailers have been warned not to take advantage of the conflict. 

Milford Asset Management expert Jeremy Hutton explained further.

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There's been growing concerns about what the ongoing crisis in the Middle East could do for petrol prices.
There's fears Kiwi motorists will soon pay the price at the pump over the escalating conflict, and retailers have been warned not to take advantage of the conflict.&nbsp;
Milford Asset Management expert Jeremy Hutton explained further.
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management expert on what the Middle East crisis is doing to oil prices

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/faaa8fb2-8818-4614-99a9-b403007f6cf7/transcript

The US-Iran conflict could affect New Zealand’s red meat exports to the Middle East, the Meat Industry Association says.

Reports reveal New Zealand red meat exporters were closely monitoring the situation in the region, due to the disruption to the Strait of Hormuz.

The Country's Jamie Mackay explained further.

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The US-Iran conflict could affect New Zealand’s red meat exports to the Middle East, the Meat Industry Association says.
Reports reveal New Zealand red meat exporters were closely monitoring the situation in the region, due to the disruption to the Strait of Hormuz.
The Country's Jamie Mackay explained further.
LISTEN ABOVE

Jamie Mackay: The Country host on what the Middle East conflict could do for beef exports

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/25e79e4f-2a1e-4ef6-a65c-b40200732c48/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on the increase in new lending going to first-home buyers with small deposits

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