The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%.The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level for the foreseeable future, to ensure that consumer price inflation returns to the 1% to 3% annual target range, while supporting maximum sustainable employment.24-05-2023 more >> Budget 2023 continues the Government’s commitment to tackle the housing shortageBudget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events.19-05-2023 more >> Monthly Meeting - May - PMG FundsJoin us in welcoming and hearing from our new Gold Sponsor, PMG Funds, who will be our speakers at the May meeting. Historically, investing in commercial property was perceived as an asset class only accessible to the ‘Old Boys Network - for those ‘in-the-know’, and only for those with big budgets. But thanks to organisations like PMG Funds, this is now simply not the case.08-05-2023 more >>
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