Are Kiwis set to head back over the ditch?
Last week the Reserve Bank did something they have not done for a long time. In their regular Monetary Policy Statement they publi...
Mortgage interest rates are set to rise
In New Zealand the current general expectation is that this removal of the sugar bowl will commence in the second half of next yea...
How stronger employment could impact interest rates next year
Unlike overseas central banks, ours has never placed a timeline on its low interest rate policy, instead making any rate change co...
Fixed mortgage interest rates on a timer
Wholesale interest rates in NZ fell to record low levels around October last year. Since then however, we have seen a radical shift in expectations for growth, inflation, and monetary policy settings around the world on the back of three key developments.
OCR remains unchanged, RBNZ to keep monetary policy steady
There's no reason for strongly believing that we face a future of sustained high inflation which will require an interest rate crunch. But borrowers should pay attention to the upside risks and the extreme uncertainty regarding how far and fast rates rise.
Higher interest rates for property investors unlikely
Reserve Bank decide it will help first home buyers by slugging investors regardless of their risk profile? No; they are not charged with social engineering. If the Government wants to bias the housing market, it will need to make its own changes.
Shifting interest rate risks
Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving factor continuing to be record low interest rates.