THE WEEK AHEAD: WILL THE OCR CHANGE?
Outside of the reporting season, the key event on the local calendar will undoubtedly be the Monetary Policy Statement from the Reserve Bank of New Zealand and there will be significant interest in the updated financial and economic projections.
ARE HOUSES REALLY AS EXPENSIVE AS WE THINK?
House prices and the required deposits get a lot of the attention these days, deservedly so. However, a crucial piece of the puzzle that gets overlooked is serviceability, which has become much less challenging in the face of record low interest rates. But what happens if mortgage interest rates don’t remain at these rock bottom levels forever?
REPORTING SEASON WILL ALLOW US TO TAKE THE PULSE OF CORPORATE NEW ZEALAND
There are several New Zealand listed companies due to report over these coming five days, including some of the heavyweights. If offshore trends are anything to go by, we should expect some positive headlines.