Tauranga Property Investors' Association

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News & Updates

Recent updates

  • OCR stays at 2.5%
    The Reserve Bank has kept its official cash rate at 2.50% and says little has changed since its previous Monetary Policy Statement in June. “New Zealand’s trading partner outlook remains weak,” Reserve Bank governor Alan Bollard said. “Several euro-area economies are in recession and Chinese growth has slowed. The risk of significant deterioration in the euro area persists.”
    13-09-2012 more >>
  • Economists unruffled by OCR statement
    This morning's announcement that the OCR will remain at 2.5% has prompted minimal reaction. Westpac said the Reserve Bank decision to leave the Official Cash Rate at 2.5% hadn’t affected its prediction that the first increase would be in July 2012.
    26-07-2012 more >>
  • OCR on hold until March: Economists
    Benign inflation data, the still strong currency and the fragile global economy are likely to offset any concerns Reserve Bank Alan Bollard might have about the stronger than expected domestic growth data for the March quarter and rising house prices.
    23-07-2012 more >>
  • Bollard keeps rates on hold; OCR cut an outside chance
    Reserve Bank governor Alan Bollard's latest monetary policy statement suggests mortgage rates aren't going up any time soon although the likelihood they might fall further remains an outside chance.
    14-06-2012 more >>
  • OCR to stay low: Poll
    Alan Bollard won’t be raising the official cash rate this Thursday, according to a poll of Landlords.co.nz and Property Investor magazine readers.
    11-06-2012 more >>
  • No housing bubble: REINZ
    House prices that are as high as they have ever been in some areas should not be seen as a sign that another property boom is looming, the Real Estate Institute of New Zealand says.
    29-05-2012 more >>
  • Floating mortgage rates unlikely to rise this year and may even fall
    The chances of floating mortgage rates rising this year remain remote and they might even fall if the New Zealand dollar remains so strong.
    26-04-2012 more >>

  • Results: 1-7 of 7

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