Thursday, March 12th 2009

OCR reduced to 3%

The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points to 3%.

Wednesday, February 04th 2009

RMA changes help property investors

Property investors adding a deck or some similar renovation to their property should have a much less difficult issue with resource consents.

Thursday, January 29th 2009

OCR reduced to 3.5%

The Reserve Bank today reduced the official cash rate (OCR) from 5.0% to 3.5%.

Monday, January 26th 2009

NZ’s rising unemployment will sap housing demand, ANZ says

New Zealand’s unemployment rate, set to rise this year, will likely sap demand for housing, offsetting the benefits of falling mortgage rates, according to ANZ bank’s Property Focus report.

Thursday, December 04th 2008

OCR reduced to 5%

The Reserve Bank today reduced the official cash rate (OCR) from 6.5% to 5.0%.

Thursday, September 11th 2008

OCR reduced to 7.5%

The Reserve Bank today reduced the official cash rate (OCR) by 50 basis points from 8.0% to 7.5%.

Wednesday, August 27th 2008

Canterbury economy on top

The Canterbury region has out-performed all other regions in terms of economic growth and stability over the last quarter.

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Bollard defends inflation targeting as economy shrinks

Bollard defends inflation targeting as economy shrinks

Wednesday, July 30th 2008

New Zealand’s economy, teetering on the brink of recession, has been well-served by the central bank’s policy of targeting inflation, though it has little ability to influence global price surges, according to Governor Alan Bollard
OCR reduced to 8.00%

OCR reduced to 8.00%

Thursday, July 24th 2008

The Reserve Bank today reduced the official cash rate (OCR) from 8.25% to 8.00%.
OCR unchanged, but coming down sooner than expected

OCR unchanged, but coming down sooner than expected

Thursday, June 05th 2008

Reserve Bank Governor Alan Bollard said: “The global economy is currently experiencing significant increases in oil and food prices.
Market perceives that Bollard softens the rhetoric

Market perceives that Bollard softens the rhetoric

Thursday, April 24th 2008

Reserve Bank governor Alan Bollard left interest rates unchanged as expected, acknowledging the weakening economy but saying short-term inflation pressures remain persistently high.
The official cash rate (OCR) will remain unchanged at 8.25%.

The official cash rate (OCR) will remain unchanged at 8.25%.

Thursday, March 06th 2008

Reserve Bank Governor Alan Bollard said: “The outlook for economic activity has deteriorated somewhat since we reviewed the OCR in January.
OCR remains unchanged at 8.25%.

OCR remains unchanged at 8.25%.

Thursday, January 24th 2008

Reserve Bank Governor Alan Bollard said: “The outlook for the New Zealand economy remains broadly consistent with the view outlined in the December Monetary Policy Statement (MPS).
Developers decry Affordable Housing Bill

Developers decry Affordable Housing Bill

Tuesday, December 18th 2007

The Affordable Housing: Enabling Territorial Authorities Bill introduced to Parliament this week has been slammed by property developers.
Inland Revenue underlines LAQC concerns

Inland Revenue underlines LAQC concerns

Tuesday, December 11th 2007

The Inland Revenue Department has again warned property investors that it is cracking down on those who sell the family home to a Loss Attributing Qualifying Company to generate tax deductions in circumstances where this constitutes tax avoidance.
Upward pressure on rents

Upward pressure on rents

Thursday, December 06th 2007

Rents are set to rise 6% per annum driven mainly by three economic fundamentals, Westpac Bank economists are predicting.
OCR unchanged at 8.25%

OCR unchanged at 8.25%

Thursday, October 25th 2007

The official cash rate (OCR) will remain unchanged at 8.25%.
Interest rate relief remains way off

Interest rate relief remains way off

Tuesday, October 16th 2007

The housing market will not feel relief from high interest rates any time soon, the ANZ bank warns in its latest Property Focus report.
The Official Cash Rate remains unchanged at 8.25%

The Official Cash Rate remains unchanged at 8.25%

Thursday, September 13th 2007

Reserve Bank governor Alan Bollard said: "The outlook for economic activity and inflation has become more uncertain since we reviewed the OCR in July.
Property market swings in buyers’ favour

Property market swings in buyers’ favour

Tuesday, August 21st 2007

ANZ bank economists say most of the country is now shifting to a position of excess housing supply.
BNZ talks down housing market crash

BNZ talks down housing market crash

Thursday, August 02nd 2007

While the media are “whipping themselves into a frenzy” talking about the housing market crashing, BNZ economists remain unruffled in their latest Weekly Overview Bulletin.
SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.69
Co-operative Bank - First Home Special 4.89
ANZ Special 4.99
SBS Bank Special 4.99
ASB Bank 4.99
TSB Special 4.99
Kiwibank Special 4.99
Westpac Special 4.99
ICBC 4.99
AIA - Go Home Loans 4.99
Nelson Building Society 4.97
Kainga Ora 4.99
SBS Bank Special 4.99
Co-operative Bank - Owner Occ 4.99
Wairarapa Building Society 4.99
Unity 4.99
TSB Special 4.99
ANZ Special 4.99
ASB Bank 4.99
ICBC 4.99
Westpac Special 4.99
Westpac Special 5.39
ICBC 5.49
BNZ - Classic 5.59
Co-operative Bank - Owner Occ 5.69
ASB Bank 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
BNZ - Std 5.79
Kainga Ora 5.79
TSB Special 5.89
Kiwibank Special 5.89
SBS FirstHome Combo 4.19
AIA - Back My Build 4.44
CFML 321 Loans 5.25
Co-operative Bank - Owner Occ 6.20
Co-operative Bank - Standard 6.20
Heartland Bank - Online 6.25
Kiwibank Special 6.50
Kiwibank - Offset 6.50
ICBC 6.50
Kiwibank 6.50
Unity 6.64