Capital Growth Still Available From Real Estate

The following 2 quotes from BIS Shrapnel send a great message to the investment community in my opinion. For quite some time now I have spoken about the growing population and what that will do to the property markets, if you add in dwelling completions declining to a...

OCR Stays At 2.5 percent

The latest news this morning from the Reserve Bank is that the OCR is unchanged and remains at 2.5 percent Alan Bollard, the Reserve Bank Governor said:  “The outlook for the New Zealand economy remains consistent with the projections underlying the December...

Good News Thursday

We expect to keep the OCR at or below the current level through until the latter part of 2010. The OCR could still move modestly lower over the coming quarters.” – Alan Bollard “Dwelling consent numbers fell in seasonally adjusted terms in March,...

Record month for FHOG in NSW

First home buyers set a record in May with more grants paid out than ever before, NSW premier Nathan Rees said yesterday. With $178 million in grants and stamp duty cuts benefitting around 7,300 first home buyers across the state Mr Rees said May was the third record...