LVR rules reinstated but industry skeptical it will cool housing market

Post author By New Zealand Blog News Service
Post date February 28, 2021

The Reserve Bank’s restrictions on home loans kick in from today but those in the industry don’t believe it will do much to cool the market.

Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
The coalition government has issued a directive to Te Puni Kōkiri, the Ministry of Māori Development, instructing them that – in the interests of clear communication – they are to conduct this year’s Māori Language Week primarily or exclusively in English. The directive is in line with the Government’s policy – signaled when they came […]
Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
It’s 4:10pm in the morning, and you’re in the middle lane heading north on the great southern motorway of our nation’s capital, Auckland. There are no cars directly in front of you, but quite a few in the lane to your left. Suddenly, without warning, a black ute enters your lane, cutting in front of […]
Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
Following decades of controversy, the governing body of New Zealand rugby, New Zealand Rugby, has ruled that the team currently holding the Ranfurly Shield may once again use it in play during the National Provincial Championship (NPC). The ruling restores the utility of a prize that for many years was rendered merely symbolic, after the […]
Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
New Zealand’s national carrier, Air New Zealand, has expressed great enthusiasm in announcing its new CEO today: 51-year-old Nathan Guy, a flight attendant who has spent about 1200 hours on the job. Guy joined the company as a fresh-faced, wide-eyed flight attendant serving now-reduced domestic routes in November of 2020, and has since spent a […]
Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
National Party president Peter Goodfellow is today issuing a strong denial on behalf of the party’s board, saying they did not, at any point, agree to the Faustian bargain that National leader Judith Collins struck with the Evil One, Son of Perdition, the Devil Satan himself. When Collins became the leader of the National Party […]
Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

Response praised after Canterbury floods May 2, 2025
Emergency Management and Recovery Minister Mark Mitchell and Christchurch mayor Phil Mauger provide an update on the flood recovery efforts in Canterbury. Photo: RNZ The Minister for Emergency Management and Recovery has praised the community response to the severe weather over the last week.
Woman sentenced for Wānaka crash that killed her sister May 2, 2025
Anneli De Los Santos pictured leaving the Hamilton District Court last year after pleading guilty to multiple charges relating to the Wānaka crash. Photo: Belinda Feek A woman had just arrived in Queenstown with family to celebrate her daughter’s wedding when, instead, they had to organise a funeral after she caused a crash that killed her […]
Main road to Akaroa still closed after flooding May 2, 2025
Flooding at Banks Peninsula following heavy rains in the Canterbury region. Photo: Christchurch City Council The main road to Akaroa on Banks Peninsula is still blocked, days after intense rainfall flooded State Highway 75.
ODT quiz: May 3 May 2, 2025
Cartoonist’s view — Yeo May 2, 2025
Today's cartoon from Shaun Yeo.
Letters to the Editor: Easter, the government and the uni May 2, 2025
The University of Otago. Photo: Linda Robertson Today's Letters to the Editor from readers cover topics including the Easter bleatings of retailers, the government's attitude to the South, and the uni's response to its ranking.
Dodgshun wins May 2, 2025
Mrs Dodgshun, of Dunedin, winner of the Otago Ladies Golf Championship. Otago Witness, 12.5.1925 The ladies’ golf tournament was brought to a conclusion on the Balmacewen Links on Saturday, when the final round of the championship of Otago was played.
Old-timer May 2, 2025
Photo: Gerard O'Brien The Millers Flat bridge over the Clutha River is 176.2m long and has four 4.9m-high steel bowstring arch spans.
Obituary: Raymond Hawthorne, actor/director May 2, 2025
Raymond Hawthorne. Photo: supplied/Auckland Theatre Company via RNZ One of New Zealand’s most influential theatre practitioners, actor and director Raymond Hawthorne inspired and mentored generations of performers.
Legal review delaying Lake2Lake May 2, 2025
It may be some time before any work is done on the extension to the Lake2Lake trail in Southland.

Search New Zealand News

Related

Search New Zealand News