Auckland is "clearly leading the real estate market recovery" with a 27% increase in written sales over the year to May 2011 according to the latest Harcourts Marketwatch.
The signs of a recovering real estate market continue to be supported by encouraging results says harcourts NZ CEO Hayden Duncan.
Link to this article to read further at www.landlords.co.nz/read-article.php?article_id=3981
Sunday, June 19, 2011
Monday, June 13, 2011
As expected Reserve Bank Governor Alan Bollard kept his Official Cash rate at it's 2.5% record low, but rather than saying it will stay there for some time as he was saying in April, he says it will stay there for now.
A rise for the OCR is signalled around Dec 2011 to March 2012.
This statement however was made before the further earthquakes in Christchurch (we are thinking of you all) so we will see what commentry comes out over the next few days
A rise for the OCR is signalled around Dec 2011 to March 2012.
This statement however was made before the further earthquakes in Christchurch (we are thinking of you all) so we will see what commentry comes out over the next few days
Working for Families Budget changes
Of the 397,000 families affected by the 2012 changes, about 278,000 families earning less than $70,000 per year will receive more money.
About $110,000 mostly earning $60,000 a year will get less, including 7000 families which will no longer qualify.
Those earning $40,000 to $50,000 will get $2.68 per week less, and those earning $50,000 to $60000 will get $1.97 less.
About $110,000 mostly earning $60,000 a year will get less, including 7000 families which will no longer qualify.
Those earning $40,000 to $50,000 will get $2.68 per week less, and those earning $50,000 to $60000 will get $1.97 less.
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