Category Archives: Economic News

NZ’s Growth Prospects Force Reserve Bank To Lift Rates

The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.5 percent. New Zealand’s economy is expected to grow at an annual pace of 3.7 percent over 2014. Global financial conditions remain very accommodative and are reflected in low interest rates, narrow risk spreads, and low financial market volatility. Economic [...]

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RBNZ raises OCR to 3.25 percent

The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. New Zealand’s economic expansion has considerable momentum, with GDP estimated to have grown by around 4 percent in the year to June. Global financial conditions remain very accommodative and are reflected in low long-term interest rates and narrow [...]

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Hamilton Residential Property Management Review

Rental occupancy rates throughout autumn continued at full levels, and we expect to see no change as winter takes hold. Staff are focusing on reviewing rents for all properties under management – if increases are justified and viable they will be put into effect. The average rent increases across the portfolio have been in excess [...]

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