Otago Property Investors Association Inc

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Recent updates

Tag: darren gibbs

  • 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 >>
  • 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 >>
  • Migration turnaround likely to underpin housing market
    The housing market recovery is likely to be underpinned by a turn-around in net migration from the second half of this year and into next. The Department of Labour is predicting annual net migration will go from a net inflow of just below 4,000 people in the year ended June last year to an outflow of about 4,000 in the near term before turning back to a net inflow of about 6,000 in mid to late 2012 and early 2013.
    02-02-2012 more >>
  • Bollard likely to keep interest rates on hold this week
    Continuing turmoil in global financial markets is likely to stay Reserve Bank governor Alan Bollard's hand on Thursday but the big question is how long will it keep him on hold.
    12-09-2011 more >>
  • Bollard keeps interest rates on hold
    Home-owners can be confident floating mortgage rates won't be rising for some time following Reserve Bank governor Alan Bollard's expected decision to keep interest rates on hold.
    27-01-2011 more >>
  • No mortgage relief as Bollard holds rate
    Reserve Bank governor Alan Bollard today signalled no relief for mortagage holders in the near future as he held interest rates steady at 8.25 percent
    24-01-2008 more >>

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