Tuesday, August 13th 2024

Division over OCR cut and problems with RBNZ

The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.

The RBNZ pivot is here

Monday, August 12th 2024

The RBNZ pivot is here

As most of the country’s economic indicators fall, the BNZ and Kiwibank are calling for an immediate OCR cut.

Massive liberalisation of planning rules to end housing woes

Thursday, July 04th 2024

Massive liberalisation of planning rules to end housing woes

Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.

Friday, June 14th 2024

Lessons from a silent housing crash

It certainly has been a rollercoaster ride for the economy and markets over the past four years.

Good and bad news for home owners from RBNZ

Thursday, May 23rd 2024

Good and bad news for home owners from RBNZ

The Reserve Bank's latest monetary policy statement had good news and bad news for residential property owners.

BREAKING: OCR 5.50% - Monetary Policy remains restrictive

Wednesday, February 28th 2024

BREAKING: OCR 5.50% - Monetary Policy remains restrictive

The Monetary Policy Committee today agreed to hold the Official Cash Rate (OCR) at 5.50%.

DTIs will have no significant impact on house prices immediately

Tuesday, January 23rd 2024

DTIs will have no significant impact on house prices immediately

The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.

More Stories

RBNZ gives details of new lending rules

RBNZ gives details of new lending rules

Tuesday, January 23rd 2024

The Reserve Bank has reveled its proposed debt-to-income (DTI) restrictions alongside plans to loosen loan to value ratios (LVR) for residential lending.

First home buyers’ mortgage market share hits a record

First home buyers’ mortgage market share hits a record

Friday, July 28th 2023

The share of new mortgages to first home buyers rose for the third consecutive month to 24.4% last month, up slightly from 24.3% in May, the latest Reserve Bank figures show.

Potential home buyers urged to consult mortgage advisers

Potential home buyers urged to consult mortgage advisers

Friday, June 23rd 2023

Tenants should be consulting mortgage advisers in an effort to buy a house as rents skyrocket, says Tim Kearins, Century 21 New Zealand owner.

Tony Alexander predicts

Tony Alexander predicts

Monday, June 19th 2023

Economist Tony Alexander says New Zealand is about to experience “a period of rapid house price growth.”

House buyers slow on reading market changes

House buyers slow on reading market changes

Wednesday, May 10th 2023

When the New Zealand housing market turns as it has in Australia, a lot of people won’t understand it, says economist Tony Alexander.

Migrant tap back on

Migrant tap back on

Monday, April 17th 2023

New Zealand appears to be flinging open the immigration doors again.

BREAKING: RBNZ raises OCR by 50 bps

BREAKING: RBNZ raises OCR by 50 bps

Wednesday, April 05th 2023

The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.

Home buyers still shying away from market

Home buyers still shying away from market

Thursday, March 30th 2023

Mortgage lending is still in the doldrums with the $3.8 billion borrowed last month, the lowest since records began in 2013.

Warning to Du Val over misleading investors

Warning to Du Val over misleading investors

Friday, March 10th 2023

Property development company Du Val Capital Partners suspension of cash distributions to investors in the company’s mortgage fund has drawn a formal warning from the FMA for misleading conduct.

Inflation worries economists

Inflation worries economists

Wednesday, January 25th 2023

Economists are worried about inflation that has remained stubbornly high at 7.2% in the year to December.

ANZ forecasting higher OCR than Reserve Bank predictions

ANZ forecasting higher OCR than Reserve Bank predictions

Tuesday, January 17th 2023

The country’s biggest trading bank expects the official cash rate to now peak at 5.75% later this year.

Squeeze on mortgage holders deepens

Squeeze on mortgage holders deepens

Thursday, November 24th 2022

With another 0.75% increase in the OCR seemingly on the cards for February next year after yesterday’s not unexpected 0.75% rise, it is likely fixed mortgage rates will push towards 7% or higher in the next few months, says CoreLogic.

Biggest OCR rise ever: Here's what the governor said

Biggest OCR rise ever: Here's what the governor said

Wednesday, November 23rd 2022

The Reserve Bank has increased the OCR 75 basis points - its biggest rise ever. Here's why.

Big OCR rise predicted this week

Big OCR rise predicted this week

Monday, November 21st 2022

SBS FirstHome Combo 5.15
Unity First Home Buyer special 5.49
Heartland Bank - Online 5.65
TSB Special 5.69
Co-operative Bank - First Home Special 5.79
Nelson Building Society 5.95
ICBC 5.99
ASB Bank 5.99
AIA - Go Home Loans 5.99
ANZ Special 5.99
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Heartland Bank - Online 5.55
ICBC 5.65
Kiwibank Special 5.69
BNZ - Classic 5.69
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ANZ Special 5.69
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SBS Bank Special 5.69
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AIA - Go Home Loans 5.69
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TSB Special 5.69
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SBS Bank Special 5.69
Co-operative Bank - Owner Occ 5.69
Kiwibank Special 5.69
ASB Bank 5.79
AIA - Go Home Loans 5.79
ANZ 6.19
SBS FirstHome Combo 5.44
AIA - Back My Build 5.44
CFML 321 Loans 6.20
CFML Home Loans 6.45
ANZ Blueprint to Build 7.39
Heartland Bank - Online 7.49
ICBC 7.49
Unity 7.64
Co-operative Bank - Owner Occ 7.65
Co-operative Bank - Standard 7.65
Credit Union Auckland 7.70