Developers buoyed as latest OCR cut fuels growing optimism
One Waikato property developer who went from selling zero homes in the first half of last year to 68 in the latter half after the first Official Cash Rate drop sees the latest big cut as set to fuel some much needed optimism.
When the Reserve Bank sliced another 50 basis points off the OCR on Wednesday, bringing it down to 2.5%, developers across the region felt the lift.
Poll: Have you ever had a Healthy Homes inspection done where you live?
Conflicting Healthy Homes inspection reports are raising concerns about the consistency of standards meant to ensure rental properties are safe and liveable.
In one recent case, a Cambridge rental property underwent two inspections within a week, with significantly different outcomes. The first, arranged by tenant Sara Lewis, identified multiple issues including mould, vermin, and ventilation concerns. A second inspection, arranged by property managers Harcourts, just six days later, found little to criticise.
Have you ever had a Healthy Homes inspection done where you live? Tell us your reasons in the comments (adding NFP if you don't want your words used in print).
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22.2% Yes
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77.8% No
Brain Teaser of the Day 🧠✨ Can You Solve It? 🤔💬
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: Are our Kiwi summer holidays helping us recharge, or holding the economy back? ☀️🥝
There’s growing debate about whether New Zealand’s extended Christmas break (and the slowdown that comes with it) affects productivity.
Tracy Watkins has weighed in ... now it’s your turn. What’s your take? 🤔
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72.9% We work hard, we deserve a break!
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15.9% Hmm, maybe?
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11.2% Yes!
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