With rising prices, a crowded rental market and low interest rates, it now makes sense to buy rather than rent a property. First-time home ownership is, however, falling because young people can't afford it.
The Pound New Zealand exchange rate edged higher to above 0.3% today and is currently trading around NZ$1.9462 on the inter-bank market. The New Zealand Dollar (NZD) has weakened against the Pound (GBP) as its status has become increasingly unappealing following this week’s disappointing economic data – NZ CPI figures fell below... [...]
A rise in demand for safe haven currencies and a cautious tone from the Reserve Bank of Australia (RBA) were not enough to help the British Pound to Australian Dollar (GBP/AUD) exchange rate avoid losses today, as the latest Brexit uncertainties hit Sterling towards the end of the day. As Pound volatility has fallen though, the pair’s... [...]