Almost a third of first home buyers taking out low equity mortgages
The latest figures from the Reserve Bank show 2445 mortgages were approved for first home buyers in June, at an average value of $566,000. That's well up (+30%) on the 1885 mortgages approved for first home buyers in June last year. That means first home buyers' likely share of the housing market has increased from 36% in June 2019 to 43% in June 2023. Interest.co.nz estimates that the average price paid by first home buyers declined $36,000 over the same period, from $717,500 in April last year to $681,500 in in June this year (-5.0%). To start receiving them, register here (it's free) and when approved you can select any of our free email newsletters.
Source:Stuff
July 28, 2023 08:27 UTC
Dickason murder trial: 28 July 2023
ALSO READ: Dickason murder trial: Children’s grandmother and psych expert take the standMcRae suggests partner revenge as a motiveMcRae suggested that Dicakson’s motive for the murders could be attributed to partner revenge, which refers to killing a child to get revenge on the other parent. Hatters-Friedman took the jury through the five most common reasons a parent may kill a child, partner revenge being one of them. ALSO READ: Dickason murder trial: Court hears how six-year-old fought back, ‘Why are you doing this to us mum?’Dickason’s struggle with KarlaMcRae also focused on the police’s interview with Dickason a day after the triple murder, in which the mother said she “started with Karla”. “The first twin was being really, really, really horrible to me…that’s why I did her first…”Hatters-Friedman, under gruelling cross-examination, admitted that Dickason never mentioned this in their sessions. ALSO READ: Dickason murder trial: New Zealand jury sees recording of Lauren’s confessionThe state argued the messages were “highly relevant” because Dickason had sent 13 messages in 10 minutes, all of which painted a relatively negative picture of the country, the immigration process, Timaru and its rental properties.
Source:Stuff
July 28, 2023 08:04 UTC
Razor issues heartfelt thanks
[ Source : www.stuff.co.nz/sport/rugby ]Departing Crusaders coach Scott Robertson needed a full-page ad to get one final, heartfelt message across. “There are 282 men who’ve taken the field in the Crusaders jersey. To have been able to give back to a jersey that’s given me so much, that’s so special to me,” Roberson said. “Now I join the watchtower proud with our brothers, seven titles as a coach, four as a player. And a long list of incredible men for whom I was a coach and now a friend.
Source:Stuff
July 28, 2023 07:30 UTC
FIFA Women's World Cup match highlights: Australia vs Nigeria
Watch highlights of the FIFA Women's World Cup Group B match between Australia and Nigeria in Brisbane. Tertius Pickard/AP Nigeria's Ifeoma Onumonu, right, celebrates after teammate Uchenna Kanu, background, scored their side's first goal.
Source:Stuff
July 28, 2023 07:17 UTC
Watch live FIFA Women's World Cup coverage on Stuff
The world’s biggest women’s sporting event is here, and you can watch the big games on Stuff. Two of New Zealand’s media powerhouses, Stuff and Sky Television, have teamed up for a special multimedia cross-channel offering dedicated to the FIFA Women’s World Cup 2023. The partnership will reach New Zealand’s largest ever sports audience, showcasing the global women's sporting event set to be played in Aotearoa New Zealand and Australia from July 20 to August 20. A dedicated multimedia hub located on Stuff features 26 livestreamed games, alongside the latest on and off-field news from Stuff’s sports, news, business and lifestyle journalists. To catch a live-stream game, simply head to the hub during at kickoff time.
Source:Stuff
July 28, 2023 05:20 UTC
Weekly Roundup 28-July-2023
Te Huia Coming BackKiwirail announced yesterday that they’ll be allow to operate Te Huia in Auckland again. Last night, rail regulator Waka Kotahi lifted its recent prohibition on Te Huia travelling through the Auckland metro network to The Strand in Parnell. […..] Mr Ashton says KiwiRail agrees with the regulator that ETCS should be installed on Te Huia, if its running rights are extended beyond its current five-year contract. “We have installed Electronic Train Protection (ETP) on Te Huia, which automatically stops the train if it passes a red signal. Quick good news about bike stuffWeek in flooding, etcWe’ve pretty much retired our Week in Flooding (and Fire) corner of the weekly roundup.
Source:Stuff
July 28, 2023 02:46 UTC
All the new stuff you can watch this weekend…
The Spinoff is subject to NZ Media Council procedures. A complaint must be first directed in writing, within one month of publication, to info@thespinoff.co.nz. If not satisfied with the response, the complaint may be referred to the online complaint form at www.presscouncil.org.nz along with a link to the relevant story and all correspondence with the publication. (C) The Spinoff 2021
Source:Stuff
July 28, 2023 02:35 UTC
Yanfei Bao: Alleged kidnapper only in NZ for months
A 52-year-old man has appeared in Christchurch District Court over the disappearance of Yangfei Bao. Photo: NZ HeraldThe man who allegedly kidnapped missing Christchurch real estate agent Yanfei Bao had only been in the country for several months, The New Zealand Herald is reporting. Yanfei BaoOn Monday, a 52-year-old Bryndwr man appeared in the Christchurch District Court charged with kidnapping Bao. It’s understood he was spoken to by police on Saturday, three days after Bao’s disappearance, in the car park of the Air Force Museum in Wigram in relation to his driving. And she did not.”• Anyone who had seen Yanfei Bao, or has any information about where she could be, is urged to call 111 immediately and quote event number P055385539.
Source:New Zealand Herald
July 28, 2023 02:08 UTC
Breakfast briefing: Better economic data, some quite impressive
Here's our summary of key economic events overnight that affect New Zealand, with a lot of "good news" on the economic front in the major economies. Much of this data is first-tier, and shows an American economy powering ahead and likely to avoid a recession. The cost of containerised freight rose last week, a second week this has happened and confirming the bottom may have been reached. The UST 10yr yield will start today at 4.01% and up an unusual +16 bps from this time yesterday. The easiest place to stay up with event risk today is by following our Economic Calendar here ».
Source:Stuff
July 28, 2023 01:49 UTC
BOOM – Māori Party Tax Policy a reason for the Left to vote in 2023
That’s all part of Te Pāti Māori’s tax policy, announced today. Te Pāti Māori co-leader Rawiri Waititi said the current tax system took money from the poor and gave it to the rich. TDB Recommends NewzEngine.comAs TDB has been arguing, The Māori Tax Policy was always going to be the true deciding moment of this election. The MANA Party knew what was good for poor Māori babies is also good for poor white babies and the same is true of the Māori Party Tax Policy – this is good for all of us! The Māori Party promised, now they have delivered, if you are Left wing in this country, you finally have a Party worth voting for.
Source:Stuff
July 28, 2023 00:51 UTC
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/ACQ6SIXE5ZDCPFSQLDT5PPDQUE.jpg)
Court orders Kitea Hotel in Wānaka to explain investor’s missing $10 million
Video / NZ Herald / APA man who invested $10 million in a Wānaka hotel has gone to court to find out where his money went. Kurt Bradley Wagner’s case was heard in the High Court at Invercargill this week after information concerning his funds was withheld from him for four months. In February last year, B Property Group Ltd sole director Andrew McIntosh offered Wagner an investment opportunity involving the Kitea Hotel in Brownston St. The plaintiff entered a subscription agreement with the company and after a $10 million investment, Wagner became a 50 per cent shareholder in the company. Image / SuppliedThis led to anxieties over how the funds he contributed had been applied, and so on March 16 he requested information under the Companies Act.
Source:Otago Daily Times
July 27, 2023 21:12 UTC
Helping Tauranga shift from cars to alternative transport modes
nzherald.co.nz published this video item, entitled “Helping Tauranga shift from cars to alternative transport modes | Local Focus” – below is their description. “We need to encourage people to get out of their private motor vehicles and give different modes another shot or a go.” Full story: https://bit.ly/LF1619 Public Interest Journalism funded through NZ On Air. Subscribe and be notified of breaking news: https://goo.gl/LP45jX Check out our playlists: https://goo.gl/Swd249 Like NZ Herald on Facebook: https://goo.gl/tUC4oq Follow NZ Herald on Instagram: https://goo.gl/oLicXe Follow NZ Herald on Twitter: https://goo.gl/Wi6mbv nzherald.co.nz YouTube ChannelGot a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
Source:New Zealand Herald
July 27, 2023 19:20 UTC
Which Saudi Arabian Football Club Made a Record Bid for Kylian Mbappé?
Saudi Arabian football club makes a historic bid for French star Kylian Mbappé. The name of the club has not been disclosed. Test your knowledge by taking the Herald’s morning quiz. You can also find the afternoon quiz on nzherald.co.nz. For more quizzes, click here.
Source:New Zealand Herald
July 27, 2023 19:03 UTC
Pro wrestling draws student south
People from all walks of life find their way to Invercargill for various reasons, but its pro wrestling community likely is not one that springs to mind for most. After coming across a documentary featuring Invercargill’s Southern Pro Wrestling (SPW) club, he looked up their next tryout day and seized the opportunity. ‘‘It's sort of a way of people expressing themselves, I guess a lot of it through characters and stuff. ‘‘[Wrestling] has probably defined my life and where I am now ... It keeps me fit, keeps me healthy, keeps me eating good.’’SPW will host its main event of the year, Southern Rumble, at the Invercargill Workingmen’s Club this weekend.
Source:Otago Daily Times
July 27, 2023 17:03 UTC
Political Roundup: Can David Parker push Labour back onto a more progressive path?
Clearly, Parker is highly aggrieved at Hipkins’ decision to rule out a substantially more progressive taxation regime, especially when there is such strong public openness to it. David Parker has become the progressive voice of LabourParker has thrown a real spanner in the works for Chris Hipkins at a crucial time in Labour’s re-election campaign. There will be some Labour MPs and supporters annoyed with Parker for adding to Labour’s woes, especially when the Government is already looking chaotic. He’s essentially declared a “vote of no confidence” in his own party’s tax policy. Labour needs Parker’s progressive intellectual politicsRegardless of whether Parker ever gets near the leadership again, it’s clear he has much to offer in pushing the party in a more progressive direction.
Source:New Zealand Herald
July 27, 2023 13:22 UTC