Official Cash rate stays at 5.5% The current level of interest rates is constraining spending and hence inflation pressure, as anticipated and required. The Committee agreed that the OCR needs to stay at restrictive levels for the foreseeable future to ensure annual consumer price inflation returns to the 1 to 3% target range, while supporting maximum sustainable employment. 16-08-2023 more >>
CoreLogic releases latest house price index Radio NZ reports that house prices have fallen yet again as higher interest rates continue to limit demand for properties. CoreLogic's latest house price index showed property values fell 1.2 percent in June, down 10.6 percent from a year ago. 06-07-2023 more >>
Auckland rents play catch up April rental statistics from the Bond Centre have been released. You can see how your property rental prices have changed over the years at the rental price calculator on the NZPIF website. As at April 2023, the national rental price was relatively stable at $570pw, an increase of around 3% over the last year. Quite modest considering interest rate increases and further removal of interest deductibility. 28-06-2023 more >>
Budget 2023 continues the Government’s commitment to tackle the housing shortage Budget 2023 continues the Government’s commitment to tackle the housing shortage by delivering 3,000 more public housing homes, supporting more people at risk of homelessness, building more houses for Maori and those impacted by recent severe weather events. 19-05-2023 more >>
Supply of rentals decreasing Sue Harrison says that the survey of members in February this year, highlights the changes in members’ attitudes since 2021 when the same survey was carried out 23-03-2023 more >>
OCR increased to 4.25 percent The Committee agreed that the OCR needs to reach a higher level, and sooner than previously indicated, to ensure inflation returns to within its target range over the medium term. 23-11-2022 more >>
OPES Partners 2022 NZPIF Conference OPES Partners 2022 NZPIF Conference
Hosted by Manawatu Property Investors Association
Celebrating their 50th anniversary with Your Journey to Success
9th to 11th September 2022 09-09-2022 more >>
