Why mortgage interest rates might not track directly with the OCR

June 8, 2022

Have you noticed how people have stopped talking about house prices and started talking about interest rates? That’s hardly surprising given the high percentage of Kiwis paying interest on a mortgage or loan of some description. The value of our houses increasing makes us feel wealthier but doesn’t have any direct impact on our cashflow.…

Read More

The Housing Package: Keep calm and act like a camel….

March 31, 2021

The NZ Government has decided they would rather pass a housing package through the eye of a loophole than confront the obvious supply side constraints in the housing market. But this camel has more than one hump and the unintended consequences of their policies are likely to hurt the people the package is designed to help.   How…

Read More