Kiwi Dollar Looks To Stay Strong
Sunday 4 July 2004
For the world's top-yielding major currency, the New Zealand dollar, the start of a monetary tightening phase in the United States is expected to hold little threat.
By The LandlordBut for the world's second-highest yielding currency, the Australian dollar, it definitely does.
That was the consensus from currency analysts after the US Federal Reserve made what markets believe will be the first of several interest rate increases.
The reason: interest rates still have room to rise in New Zealand, which will protect or even widen the country's yield premium, while rates in Australia are seen to be at or near their peak.
Read More - Opens in a new window
Commenting is closed
Getting rid of “no cause” termination notices only serves to protect bad tenants and will have a negative impact on the broader community, not just landlords, according to landlord advocates.
There’s no sign of a slow-down in Wellington’s property prices with Trade Me Property’s latest data showing that asking prices continue to rise solidly.
Vacancy rates in the commercial property sector are set to increase as changing economic conditions dampen demand.