Auckland

The Reserve Bank has increased the Official Cash Rate (OCR) by 25 basis points to 6.75%

Minister of Finance, Michael Cullen addressed the Melbourne Financial Services Symposium. The subject of the symposium was “Enhancing savings in the Asia-Pacific region".

Following the great reception for the inaugural Property & Investment Expo in 2004, this years event has been expanded to run for three days in May 2005.

One of the largest international funds that New Zealanders invest in, but little has heard about, has gone through some significant changes to enhance performance.

Morningstar has announced the nominees for its Fund Manager of the Year Awards 2004.

Auckland

Tools to research life insurance policies are likely to become more widely used in New Zealand should any form of adviser regulation come into force following the taskforce.

Two broad trends emerged in the home loan market last week. The larger lenders, and those associated with banks, dropped their short-term rates, while a number of non-bank lenders increased their fixed rates.

The Auckland property market is back on track according to Barfoot & Thompson’s February sales results.

St Laurence finally gets its Hilton investment up, chances of interest rate rise increasing, IRD warns over trading trusts, and more.

Economists are divided as to whether the Reserve Bank will raise interest rates on Thursday with a narrow majority expecting no change.

Auckland rental prices are static despite increasing property rises, latest research shows