Pressure on rate rise building
Tuesday, July 19th 2011, 9:35AM
The chance of the Reserve Bank raising official interest rates before the end of the year is rising, after a faster than expected lift in inflation during the June quarter.
The only change to interest rates though is a one year special of 5.80% from NZ Home Loans.
Meanwhile BNZ economist Tony Alexander had some interesting comments to make on capital gains tax and property. You can read them at www.landlords.co.nz
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