The housing market recovery is likely to be underpinned by a turn-around in net migration from the second half of this year and into next.
The Department of Labour is predicting annual net migration will go from a net inflow of just below 4,000 people in the year ended June last year to an outflow of about 4,000 in the near term before turning back to a net inflow of about 6,000 in mid to late 2012 and early 2013. 02 Feb 2012 more >>
Reserve Bank governor Alan Bollard spooked financial markets slightly into thinking he may raise interest rates sooner than they had anticipated although, as expected, he's left rates unchanged for now. 27 Oct 2011 more >>
Reserve Bank governor Alan Bollard took a bob-each-way approach to reviewing interest rates which has left economists and financial markets scratching their heads. 28 Jul 2011 more >>
Reserve Bank governor Alan Bollard today signalled no relief for mortagage holders in the near future as he held interest rates steady at 8.25 percent 24 Jan 2008 more >>
Nobody could fail to notice the underlying threat to Treasury which was inherent in Alan Bollard's Official Cash Rate (OCR) announcement today 25 Oct 2007 more >>
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