Category Archives: new zealand

We Live In Interesting Times

From New Zealand: Are things really bad now? Indeed they are. And we have the word of wildly wealthy and successful investor Warren Buffett: “This really is an economic Pearl Harbour.” It’s an historic moment that we’ll tell our grandchildren … Continue reading

Posted in new zealand | Tagged , , , , , | Comments Off on We Live In Interesting Times

Mortgages Down Under

From New Zealand: Despite the mayhem in overseas financial markets, banking sources suggest the impact on New Zealand mortgage borrowers may not be severe. Although the cost of raising money overseas has risen substantially, they say, this is likely to … Continue reading

Posted in new zealand | Tagged , , , , , | Comments Off on Mortgages Down Under

Taking A Mortgage Holiday

Here’s a report from New Zealand: All the major banks offer three-month mortgage holidays, designed to give financial breathing space to customers experiencing life changes such as having a baby, an unexpected illness or job loss. Lawrence Diack, from Approved … Continue reading

Posted in new zealand | Tagged , , , , , , , , , , , , , , , , | Comments Off on Taking A Mortgage Holiday