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24 January 2023

Introducing Squirrel's high-interest On-Call account: What you need to know

The new-look Squirrel On-Call account pays returns of 4.00% per annum, making it one of the best "no strings attached" savings account on offer in the New Zealand market.

20 January 2023

Housing market weakening once again

We all underestimated the extent to which prices would rise when the pandemic struck in early-2020. Now, almost everyone has underestimated the extent to which prices, and sales, are heading down now that the pandemic is over and the inflation resulting from excess stimulus needs to be brought under control.

22 December 2022

Mark your calendars: Key OCR dates for 2023

With most of New Zealand holding its breath as we wait to see what interest rates are going to do next year, here are the Reserve Bank announcement dates you need in your diary.

21 December 2022

Falling house construction over 2023

Stories of builder collapses alongside high financing costs have made people step back from signing up for a new property. Presales for developers have shrunk and many projects are now being put on hold.

19 December 2022

Market update: Even with recession on the horizon, it's not all bad news

It's pretty scary out there right now - but despite appearances, the foundations are already being laid for the housing market's recovery.

09 December 2022

Nine tips for surviving higher interest rates

As Kiwis grapple with the challenges of cutting costs and re-jigging finances to try and meet growing mortgage costs, here are a few tips to consider to help you prepare for (and survive) higher interest rates.

08 December 2022

Reserve Bank causes shock throughout the nation

With the Reserve Bank's predictions of a recession, an unemployment rate of 5.7% and high inflation, businesses and consumers alike have had to sharply rein in their spending plans on everything but groceries, including housing. But will the fear pass with time, or simply worsen?

05 December 2022

Rodney's Ravings: The Reserve Bank is a major source of instability

Our unemployment rate tells us a lot about how the Reserve Bank is doing on its mission to keep inflation under control - and looking back at the numbers, it's not exactly a glowing picture.

23 November 2022

Interest rates to go even higher after OCR hike

Over the past year or so we have seen a decline in the number of properties sold from 100,000 down to about 68,000. The OCR has just jumped up, and things are about to get worse.

11 November 2022

NZ property market remains in a slump as interest rates continue to rise

Do we have any evidence in hand of the impact on the residential real estate market yet of the recent round of fixed mortgage rate increases undertaken by banks? Yes, we do.

08 November 2022

Market update: With a triple OCR hike looming, what's in store for mortgage rates?

We're fast headed towards the last OCR announcement of the year, and it's going to be a big one. In his latest market update, JB shares his expectations on where interest rates could get to, and a bit of an update on the housing market more broadly.

02 November 2022

Why planning ahead is a must for property investors amidst the cashflow crunch

Ballooning costs and tougher servicing requirements are causing a lot of headaches for property investors these days, and planning ahead has never been more important.