Hawke's Bay Property Investors' Association

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Archive: August 2022

OCR increased to 3 percent from 2.5 percent

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 3 percent from 2.5 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and contribute to maximum sustainable employmen
17-08-2022 more >>

Rent is not the biggest contributor to inflation

Chief Human Rights Commissioner Paul Hunt has called for an immediate freeze on rent increases to give renters some reprieve during the cost-of-living crisis.
16-08-2022 more >>

Selective reversal of mortgage interest deductibility does not benefit the majority of tenants

The vast majority of tenants cannot afford brand-new, high-end rental accommodation. They want well maintained, warm, dry but ultimately good value rental accommodation
12-08-2022 more >>


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