Housing
[updated]
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
19th Feb 25, 2:14pm
90
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.9% in a year and they don't see it being within the 1% to 3% target range over the next five years
18th Feb 25, 3:43pm
43
The latest quarterly Household Expectations Survey for the Reserve Bank finds that households reckon the inflation rate will be 4.9% in a year and they don't see it being within the 1% to 3% target range over the next five years
The outflow of NZ citizens appears to have peaked while inflows of foreign migrants have declined
17th Feb 25, 11:51am
114
The outflow of NZ citizens appears to have peaked while inflows of foreign migrants have declined
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
17th Feb 25, 11:47am
16
Members of the 'Shadow Board' the NZIER assembles to state views on the Official Cash Rate strongly agree the OCR will be cut 50 basis points this week - but there's a diversity of views on what should come next
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
16th Feb 25, 6:30am
92
A 50-point cut to the Official Cash Rate is a near certainty in the coming week, so attention will quickly turn to whatever signals the Reserve Bank may give about further cuts
[updated]
The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
10th Feb 25, 1:35pm
65
The Reserve Bank will have to deliver more interest rate cuts than it has signalled this year, or the risk of further job losses will only grow, Kiwibank economists say
Stats NZ says high interest payments on mortgages continue to contribute 'significantly' to living costs
3rd Feb 25, 11:36am
14
Stats NZ says high interest payments on mortgages continue to contribute 'significantly' to living costs
RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end
30th Jan 25, 10:01am
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RBNZ chief economist Paul Conway sees dominance of the 'traditional drivers of growth' in the New Zealand economy coming to an end
RBNZ chief economist Paul Conway says the central bank will have to 'feel its way' as the OCR gets closer to its estimate of neutral and he doesn't see a return to 'ultra-low' rates seen during the early stages of the pandemic any time soon
29th Jan 25, 12:26pm
96
RBNZ chief economist Paul Conway says the central bank will have to 'feel its way' as the OCR gets closer to its estimate of neutral and he doesn't see a return to 'ultra-low' rates seen during the early stages of the pandemic any time soon
HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year
28th Jan 25, 10:25am
25
HSBC economists expect the Official Cash Rate to be down to 3% by the third quarter of this year and see the economy growing 1.8% in 2025 and 2.5% next year
Median asking rents in Auckland, BoP declined 1.5% in December according to Trade Me Property
24th Jan 25, 9:38am
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Median asking rents in Auckland, BoP declined 1.5% in December according to Trade Me Property
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
132
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
3rd Dec 24, 8:25am
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Kiwibank chief economist Jarrod Kerr is forecasting that the OCR will be cut to 3% next year and says rates were too high for too long
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
2nd Dec 24, 11:49am
15
Westpac chief economist Kelly Eckhold sees the possibility the Reserve Bank may start to raise the Official Cash Rate again as soon as 2026
[updated]
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
27th Nov 24, 2:09pm
170
The Reserve Bank cut rates as expected but surprised the markets with a relatively 'hawkish' view of any future reductions in the OCR
Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
26th Nov 24, 3:21pm
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Housing Minister Chris Bishop wants community housing providers to have ‘competitive neutrality’ with Kāinga Ora, describes the Reserve Bank’s capital requirements for social housing as ‘overcooked’
Robo price-fixing: Why the US Justice Department is suing a software company to stop landlords colluding on rents
26th Nov 24, 9:35am
39
Robo price-fixing: Why the US Justice Department is suing a software company to stop landlords colluding on rents
David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
24th Nov 24, 6:00am
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David Hargreaves says we should see another decent-sized cut to the Official Cash Rate in the coming week, but beyond that, all eyes will be on how the Reserve Bank sees things developing next year
Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
19th Nov 24, 3:35pm
27
Latest quarterly Household Expectations Survey for RBNZ finds households reckon the inflation rate will be 4.1% in a year and they're getting progressively less optimistic about their chances of finding new jobs
Susan St John says the issue of whether the NZ Super Fund should pay tax is largely one of smoke and mirrors
18th Nov 24, 10:53am
15
Susan St John says the issue of whether the NZ Super Fund should pay tax is largely one of smoke and mirrors
[updated]
Newly released 2023 Census data shows that around one-in-16 houses in New Zealand are too small for the number of people living in them
7th Nov 24, 1:41pm
48
Newly released 2023 Census data shows that around one-in-16 houses in New Zealand are too small for the number of people living in them
Stats NZ says its household living-cost price indexes show household costs - including interest payments - rose 3.8% in the year to September
5th Nov 24, 11:41am
6
Stats NZ says its household living-cost price indexes show household costs - including interest payments - rose 3.8% in the year to September
The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'
31st Oct 24, 11:30am
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The RBNZ says despite house prices easing, purchasing a new house 'remains relatively unfavourable compared with long-term averages'
[updated]
Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
24th Oct 24, 8:29am
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Reserve Bank Governor Adrian Orr says being more 'circumspect' with reducing interest rates relative to the speed at which they went up 'is the general idea'
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?
16th Oct 24, 11:55am
53
The return of inflation well and truly into the 1% to 3% target range is most welcome news, but what does it say for the immediate path of interest rates and how quickly the economy can recover?