Real News

This week, the Reserve Bank of New Zealand issued an emergency announcement, cutting the official cash rate by 75 basis points, to a record low of 0.25 per cent. Banks immediately passed on the cut[...]

In less than two weeks, the Reserve Bank may – or may not – announce another OCR cut to 0.75 per cent (or even 0.5 per cent). But ASB economists believe that, this time, the[...]

ANZ economists believe the rapidly escalating coronavirus outbreak could force the Reserve Bank of New Zealand to cut the official cash rate (OCR) by 0.5 per cent this month. The latest developments have prompted ANZ[...]

According to the latest Reserve Bank’s data, mortgage lending volumes are on the rise with New Zealanders borrowing a total of $4.7 billion in January – the highest figure on record for any January since[...]

According to the latest REINZ report, the New Zealand property market had a strong start to the year, with the most residential properties sold in four years. If you are planning your next property moves[...]

This week, in the aftermath of RBNZ’s decision to keep the OCR at 1 per cent, ASB economists peered into their crystal ball and came up with a bold prediction:  “We now expect the OCR[...]

This week, the Reserve Bank of New Zealand (RBNZ) decided to keep the official cash rate (OCR) at 1 per cent. The decision was widely expected by economists, who couldn’t but notice the “upbeat” tone[...]

In December 2019, New Zealanders borrowed $6.5 billion – up nearly $1.2 billion compared with December 2018. And at 18.5 per cent, first-home buyers moved to a new record high share of the amount borrowed. [...]

The media recently reported that negotiations are underway for Kiwibank to take over BNZ from its parent, National Australia Bank (NAB).  Some industry experts, like Simplicity founder Sam Stubbs, believe the deal could be worth[...]

Housing market predictions continue to run rampant in the news, with property experts once again peering into their crystal balls. In the past few weeks, most economists have been revising their forecasts for 2020, saying that current market conditions[...]