Advertise with us
DOWNUNDERVOICESAustralia · New Zealand · World
Back to Business
Business

27 August 2026

Biggest bank says home ownership benefits being absorbed by costs more than in past

Downunder Voices Newsroom

Source reporting: rnz.co.nz

FacebookEmail
Biggest bank says home ownership benefits being absorbed by costs more than in past

Expect house prices to end the year 1 percent below where they started and to rise 2 percent next year, economists say.

About this report

Downunder Voices provides an independently written summary and community perspective based on information published by the original source. The original publisher remains responsible for its reporting.

Join our community

Follow Downunder Voices

Join thousands of readers following news and community stories from Australia, New Zealand and the Pacific.

Follow on FacebookSubmit your story

More from Business

View category
Keyfield enters dredging market with $25m vessel acquisitionBusiness

27 August 2026

Keyfield enters dredging market with $25m vessel acquisition

Malaysian offshore vessel owner Keyfield International has entered the dredging market by acquiring the 2016-built Inai Kenanga for $24. 7m (RM 99. 7m). The vessel, described as one of Asia’s largest trailing suction hopper dredgers, was acquired for about 61% below its independent fair-market valuation. The vessel, acquired from receiver-managed Inai Rimba on an as-is, where-is basis, …

Source: Splash247Original source
KNOT takes modern shuttle tanker from parentBusiness

27 August 2026

KNOT takes modern shuttle tanker from parent

KNOT Offshore Partners is adding another young shuttle tanker from its parent in a $113m deal, extending a run of fleet renewal transactions while tackling one of its largest near-term debt maturities. The New York-listed partnership has agreed to acquire the vessel-owning company behind the 2024-built Hedda Knutsen from sponsor Knutsen NYK Offshore Tankers. KNOT …

Source: Splash247Original source

Read Next

View latest
UK urged to help free British-Egyptian ‘arrested in Cairo over sister’s activism’World

27 August 2026

UK urged to help free British-Egyptian ‘arrested in Cairo over sister’s activism’

Lawyers claim Eman el-Shazly, from Birmingham, was detained in effort to silence her sister, a critic of Sisi regime The UK Foreign Office has been asked to intervene to secure the release of a British-Egyptian woman who it is claimed has been arrested in Cairo because of her sister’s political activism. Eman el-Shazly, a 45-year-old based in Birmingham, was arrested on 16 August while visiting Egypt. Her lawyers say she has been detained in an attempt to silence her sister Mona, a relentless and harsh critic of the Egyptian government on her UK-based YouTube channel.

Source: The Guardian WorldOriginal source
Ørsted puts 1.4GW South Korean offshore wind project on holdTrade & Logistics

27 August 2026

Ørsted puts 1.4GW South Korean offshore wind project on hold

Danish offshore wind developer Ørsted has suspended its bid for what would have been South Korea’s largest offshore wind project off the coast of Incheon. According to media sources, Ørsted has decided to temporarily shelve its 1. 4GW offshore wind project planned for waters off Incheon, not participate in the South Korean government’s upcoming fixed-price contract …

Source: Splash247Original source
DNV: Build fleets that can survive the wrong fuel callTrade & Logistics

27 August 2026

DNV: Build fleets that can survive the wrong fuel call

Shipping companies needed to stop betting on a single decarbonisation pathway and instead build strategies capable of surviving radically different regulatory, fuel and technology outcomes, DNV has argued in its latest Maritime Forecast to 2050 report issued today. The 10th edition of the classification society’s flagship annual forecast put uncertainty at the centre of shipping’s …

Source: Splash247Original source
IAEA launches global push to bring nuclear power back to seaTrade & Logistics

27 August 2026

IAEA launches global push to bring nuclear power back to sea

The International Atomic Energy Agency (IAEA) has launched a global initiative aimed at creating the regulatory and safety framework needed to bring nuclear power back into civilian shipping. ATLAS — Atomic Technologies Licensed for Applications at Sea — was unveiled in Washington on Wednesday, bringing together around 600 participants from more than 50 countries spanning …

Source: Splash247Original source