First Home Grant scrapped while First Home Loan scheme remains
The Government has this week announced scrapping of the Kainga Ora ( KO ) First Home Buyer ( FHB ) grant effective immediately while keeping the first home loan scheme.
Official Cash Rate to remain restrictive
As expected, restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return to within the Committee’s 1 to 3 percent target range by the end of 2024.
Key factors in residential lending: First home, next home, and investment properties
Whether it’s your first, another home or investment property, Infinance has the facilities with banks and non-bank lenders to take you there. Discover the essential factors in residential lending for every stage of your property journey.
Keeping it real while keeping it positive
In a media landscape flooded with doom and gloom, we're here at Infinance to spotlight the silver linings and opportunities amidst the chaos.
Dream of soaring the skies?
From license to aircraft, business or leisure, fixed wing or rotor, commercial drones, maintenance overhauls, upgrades and ancillary equipment … our specialist aviation lending facilities can make it happen.
Planning for the unexpected
Explore how to protect your loved ones and yourself in unforeseen circumstances, and learn why having just the right insurance coverage is essential for your financial security.
Navigating Economic Limbo
If I were a betting man, I’d be putting a bob each way on the economy doing exactly what it’s doing right now … going nowhere fast and for a bit longer yet.
OCR 5.50% - Official Cash Rate remains unchanged
The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. Read the full statement here.
Refinancing for cashflow easing
Good times don’t last and nor do bad so riding through the four economic phases of expansion, peak, contraction and recovery is paramount. There are times however when we need to take a look at how we’re going to get through, spreading lending can help. Click for more details.
House price recovery sputtering along in 2024
Since the rampant property and everything else price hikes post Covid fuelled by low interest rates, high demand and low supply and the following fall back down to pre covid levels, we’re started to see signs of recovery late last year but got off to a sputtering start to 2024. Check out our latest blog for more on that.
A race to the bottom
If banks are the race horse, the Reserve Banks the jockey. While banks are chomping at the bit to bring interest rates down with some active competitive easing out there … the Reserve Bank on the other hand is say ‘whoa, steady up there ol’ boy’ with a firm hand on the reins to hold the OCR at a steady pace to ease the economy back into form. Click for more details.
Introducing DTI Restrictions and Loosening LVR’s
Explore the Reserve Bank's latest moves in shaping the borrowing landscape for homebuyers. Delve into the potential impacts of adjustments to Debt-To-Income (DTI) restrictions and Loan-To-Value Ratios (LVRs) on the housing market. Click to uncover the details.
What’s in store for 2024
Unlock our insights for 2024! Dive into the latest blog, where we dissect the financial landscape – from interest rates to housing trends. What lies ahead? Click here to read more and stay informed.
December insights from Strettons
Feeling the holiday stress? Check out Strettons Accountants December newsletter for some great tips on reducing that Christmas stress, along with some delicious Christmas recipes!
What types of insurance are right for you?
From personal to commercial and rural, everyone’s circumstances are different and need to be assessed on a case by case basis. There are some underlying fundamentals that apply to most however determining just the right type and amount of cover is the domain of INFINANCE. Lets explore some of the key attributes of insurance.
Exploring insurance - the art of spreading risk to avoid loss.
In today’s world there’s a lot going on with everything we own from homes and contents, cars and lifestyle toys, business interests, our income and ability to earn and life itself … total up its value and there’s a lot to protect. So how do we go about protecting that from loss as there’s been a lot of investment to get it where it is and we don’t want to lose it right! That’s where partnering with an insurer to spread the risk comes in.
September insights from Strettons
I would like to thank Strettons Accountants in Taupo for allowing me to access their September newsletter with some useful and interesting information including a guide to early retirement in NZ and using AI in the workplace… click the link and enjoy.
Things settling and confidence returning
Now we have a new pathway set on the political front and ‘almost’ won the rugby … we’re seeing signs of confidence coming back and some solid direction moving forward. Property prices are settling and indeed starting to rise in some areas but there’s work to be done yet…
Normalising interest rates
Explore the history of New Zealand's mortgage interest rates and what 'normal' looks like. We'll journey from the 1960s to today, and discuss how recent events are shaping our financial future. Get insights into the Reserve Bank's decisions and what they mean for you.
Unlocking Financial Freedom: Key Factors to Consider
Cultivating financial freedom is a personal journey, but there are some principles that can serve as your guiding light. From conquering consumer debt to embracing the power of saving and investing, our blog explores the key steps to secure your financial future