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.
Scam Alert: Fake information regarding December Bonuses from MSD
The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’
If you get suspicious communication, please contact Netsafe.
Poll: Are Kiwis allergic to “exuberance”? 🥝
In The Post’s opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, we’re “allergic to exuberance.”
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps it’s worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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41.8% Yes
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33.5% Maybe?
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24.7% No
Fonterra cuts forecast milk forecast after a ninth straight global dairy trade auction dip
Fonterra has cut its forecast Farmgate Milk Price for the 2025/26 season after a ninth straight global dairy trade auction dip.
On Thursday, the Co-op adjusted the forecast range from $9-$10 per kilo of milk solids to $8.50 to $9.50 with the midpoint changing from $9.50 per to $9.
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