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Property Management

PM warns against cap on rates

We would all regret a cap being placed on rates rises, Prime Minister Helen Clark warns.

Monday, August 30th 2004

Her comments come as Grey Power Nelson asks local body election candidates to sign a pledge stating they will vote against any rates increases of more than 2 percent.

Visiting Nelson on Friday, Miss Clark said she was "sympathetic" to Grey Power's advocacy for its members.

"They're very sensitive to increases in areas where you can't make economies because, if you live there, you've got to pay the rates.

"But I don't think it would be a realistic answer to have an artificial cap in place."

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Top Mortgage Rates

Unity First Home Buyer special 4.09
SBS FirstHome Combo 4.19
ICBC 4.49
Kainga Ora 4.59
Co-operative Bank - First Home Special 4.59
ANZ Special 4.65
AIA - Go Home Loans 4.65
ASB Bank 4.65
TSB Special 4.69
Co-operative Bank - Owner Occ 4.69
SBS Bank Special 4.69
China Construction Bank 4.95
Kainga Ora 4.95
ICBC 4.99
Nelson Building Society 5.09
Westpac Special 5.19
Kiwibank Special 5.19
Co-operative Bank - First Home Special 5.19
TSB Special 5.25
ASB Bank 5.25
AIA - Go Home Loans 5.25
SBS Bank Special 5.29
Westpac Special 5.49
SBS Bank Special 5.49
BNZ - Std 5.49
AIA - Go Home Loans 5.59
ASB Bank 5.59
ICBC 5.65
Kiwibank Special 5.69
Kainga Ora 5.69
Co-operative Bank - First Home Special 5.69
Co-operative Bank - Owner Occ 5.79
TSB Special 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Owner Occ 4.99
Co-operative Bank - Standard 4.99
ICBC 5.39
Kiwibank - Offset 5.75
Kiwibank Special 5.75
Kiwibank 5.75
Unity Standard 5.79

Full Rates Table

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