House prices have been on the slide all year, amid what economists are calling a significant correction in the housing markets.

At the same, interest rates have been rising rapidly as the Reserve Bank tries desperately to put a lid on inflation.

International observers are now referring to the New Zealand housing market as the canary down the coal mine.    

So how much worse could this become, what does this mean for first-home buyers with low equity and what happens if New Zealand slides into a recession?

Today, Kelvin Davidson, the chief property economist at CoreLogic, joins Damien for a discussion about whether that canary will get a breather from the downward pressure.  

Follow The Front Page on iHeartRadio or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Editor: Paddy Fox
Producer: Shaun D Wilson
Executive Producer: Ethan Sills

House prices have been on the slide all year, amid what economists are calling a significant correction in the housing markets.
At the same, interest rates have been rising rapidly as the Reserve Bank tries desperately to put a lid on inflation.
International observers are now referring to the New Zealand housing market as the canary down the coal mine.    
So how much worse could this become, what does this mean for first-home buyers with low equity and what happens if New Zealand slides into a recession?
Today, Kelvin Davidson, the chief property economist at CoreLogic, joins Damien for a discussion about whether that canary will get a breather from the downward pressure.  
Follow The Front Page on iHeartRadio or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Editor: Paddy Fox Producer: Shaun D Wilson Executive Producer: Ethan Sills

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future.

Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. 

Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future.
Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture.&nbsp;
Subscribe now so you never miss an episode.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

The Front Page

Go beyond the headlines with The Front Page, the New Zealand Herald’s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what’s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Go beyond the headlines with The Front Page, the New Zealand Herald&rsquo;s daily news analysis podcast. Each weekday Chelsea Daniels unpacks the stories shaping Aotearoa, from what&rsquo;s happening in our own backyard to global events shaping our future. Every episode we speak to leaders, experts, reporters, and those living the story, so you get the full picture. Subscribe now so you never miss an episode.

Why the world is watching our falling house prices

In the early hours of Monday morning, a man police were hunting for nearly four years was shot and killed in a stand-off on a rural Waikato road.

That man was Tom Phillips, who in December 2021 vanished into the Marokopa bush with his three children, Jayda, Maverick, and Ember.

There have been numerous sightings over the years of the fugitive father - the last was in August when he and another person believed to be one of his children, were seen on CCTV breaking into a Piopio superette.

The Front Page travelled to the King Country and spoke to Waitomo District Mayor John Robertson about how the community has fared and what we can learn from the ordeal.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Editor/Producer: Richard Martin
Producer: Jane Yee

In the early hours of Monday morning, a man police were hunting for nearly four years was shot and killed in a stand-off on a rural Waikato road.
That man was Tom Phillips, who in December 2021 vanished into the Marokopa bush with his three children, Jayda, Maverick, and Ember.
There have been numerous sightings over the years of the fugitive father - the last was in August when he and another person believed to be one of his children, were seen on CCTV breaking into a Piopio superette.
The Front Page travelled to the King Country and spoke to Waitomo District Mayor John Robertson about how the community has fared and what we can learn from the ordeal.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Editor/Producer: Richard Martin Producer: Jane Yee

Reissue: “We know the family, we know the cop”: Mayor speaks of close-knit Marokopa community

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec686110-0b2b-4d1b-bb61-b3b40168d38e/transcript

It was February 19, 2013.

Maree Schafer was excited to start a hairdressing course at the Eastern Institute of Technology the next day.

That night, three cars - a silver Holden Commodore, a blue Ford Falcon, and a grey Nissan Skyline were street racing near Napier.

The Commodore continued through an intersection, going well over 180km/hour, when the driver lost control, slid sideways across the road, and crashed into a tree.

There were three occupants in that car. One was 18-year-old Maree. She died at the scene.

Twelve years later, and boy racer events are still happening.

People are injured, cars totalled, police intimidated, and, people die.

Just last month, riot police clashed with what the Police Minister’s called “cowardly, try-hard idiots” in Levin and Palmerston North – and police are preparing for more gatherings.

Today on The Front Page, Coreen Schafer, Maree’s mother, tells us what she’d say to one of these kids, and what life is like after losing her daughter to street racing.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

It was February 19, 2013.
Maree Schafer was excited to start a hairdressing course at the Eastern Institute of Technology the next day.
That night, three cars - a silver Holden Commodore, a blue Ford Falcon, and a grey Nissan Skyline were street racing near Napier.
The Commodore continued through an intersection, going well over 180km/hour, when the driver lost control, slid sideways across the road, and crashed into a tree.
There were three occupants in that car. One was 18-year-old Maree. She died at the scene.
Twelve years later, and boy racer events are still happening.
People are injured, cars totalled, police intimidated, and, people die.
Just last month, riot police clashed with what the Police Minister&rsquo;s called &ldquo;cowardly, try-hard idiots&rdquo; in Levin and Palmerston North &ndash; and police are preparing for more gatherings.
Today on The Front Page, Coreen Schafer, Maree&rsquo;s mother, tells us what she&rsquo;d say to one of these kids, and what life is like after losing her daughter to street racing.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer/Producer: Richard Martin Producer: Ethan Sills

Reissue: Mother calls for tougher boy racers laws, 12 years after daughter's death in street race

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4b48fae2-0314-40c6-bb5d-b3b40168b59c/transcript

French exchange student, Eloi Rolland, was last seen five years ago, today.

The then-18-year-old's disappearance has baffled authorities ever since... Was it a murder, kidnapping, an accident, did he get lost in the bush, commit suicide or plan an escape. Is he still alive, does he want to be found?

He searches Google Maps for directions to Piha about 5am the morning he vanished. He catches a train. He walks for nearly two hours. He turned on to Piha Road at 9.16am. At 9.48 the battery on his phone goes dead.

And then... nothing. Nothing for five years.

Today on The Front Page, Herald senior journalist Anna Leask joins us as we take a look back at Eloi’s disappearance.  

We’ll also hear some from Eloi’s parents, Thierry and Catherine, and Bruno Dupuis of Acapella Productions, who directed a documentary series in France about Eloi’s story.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Chelsea Daniels
Sound Engineer/Producer: Richard Martin
Producer: Ethan Sills

French exchange student, Eloi Rolland, was last seen five years ago, today.
The then-18-year-old's disappearance has baffled authorities ever since... Was it a murder, kidnapping, an accident, did he get lost in the bush, commit suicide or plan an escape. Is he still alive, does he want to be found?
He searches Google Maps for directions to Piha about 5am the morning he vanished. He catches a train. He walks for nearly two hours. He turned on to Piha Road at 9.16am. At 9.48 the battery on his phone goes dead.
And then... nothing. Nothing for five years.
Today on The Front Page,&nbsp;Herald senior journalist Anna Leask joins us as we take a look back at Eloi&rsquo;s disappearance. &nbsp;
We&rsquo;ll also hear some from Eloi&rsquo;s parents, Thierry and Catherine, and Bruno Dupuis of Acapella Productions, who directed a documentary series in France about Eloi&rsquo;s story.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Chelsea Daniels Sound Engineer/Producer: Richard Martin Producer: Ethan Sills

Reissue: Five years missing: Eloi Rolland’s family holds onto hope for answers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f2137e00-5dc4-465a-bd38-b3b40168a4a9/transcript

Why the world is watching our falling house prices

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