Rates tipped to rise with inflation
The Reserve Bank is factoring in two more rate rises by Christmas, but some economists believe the recent stockmarket turmoil will help delay them until later this year.
The central bank has increased its predictions for economic growth and inflation in its latest Statement on Monetary Policy, ...
Increasing the rent
Increasing the rent
The rent can't normally be increased during a fixed long term agreement unless the tenancy agreement states that the rent can be increased. If the agreement allows for rent increases, the owner/manager must give the tenant at least one months notice in writing before increasing ...