Property Investment Information

The Government is about to overhaul laws governing the lives of more than one million tenants.

The previous Labour Government wanted to introduce pro-tenant provisions, but the new National-led Government plans to scrap the most contentious of these so the balance is more even, and to pass sweeping reforms. (more...)

The Reserve Bank of New Zealand is tipped to cut the official cash rate this month, but mortgage holders and first home buyers are warned not to expect lower interest rates yet.

ASB chief economist Nick Tuffley expects the Reserve Bank to drop the OCR 100 points to 6.5 per cent at the scheduled meeting on October 23. He says it is unlikely to act before then. (more...)