Just to clarify:
The original comment was: "We probably need to acknowledge NZ is broke"
Currently the central government of NZ ("Crown") continues to repay its debts when due, regardless of whether the management team is wearing a hat that is blue, red...
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Chris W
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Are you referring to the Crown (i.e the institution of the Government of NZ)?
If so, that statement is entirely unfounded. That statement seems to be motivated by political rhetoric to persuade voters
Take a look at the financial statements for the year ended June 2023....Last edited by Chris W; 31-03-2024, 06:38 PM.
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Just using the price at the time the original comment was made in June 2022. Can't pick a price 7 months after the comment was made....
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Jeffa,
That reminds me of what you wrote back in June 2022.
For the record, June 2022 house prices:
1) REINZ median house price - Auckland: $1,156,000
2) REINZ median house price - Wellington: $848,000
3) REINZ median house...
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Are you going to apply the next time the RBNZ are searching for applicants?...
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https://www.stuff.co.nz/money/350220...-hundreds-week
High interest rates and still-low yields are leaving many property investors having to top up their rental income to pay their mortgages, CoreLogic data shows.
Its latest market update shows...
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