Industry Articles

Property · Building · Design

Confirmed: OCR rises to 2.75%. When will mortgages feel the impact?

The wait is finally over. The Reserve Bank of New Zealand announced today that it would raise the Official Cash Rate by another 25 basis points, from 2.50% to 2.75%. This is its second consecutive monetary policy tightening, following the rate rise in July, and matches earlier forecasts from the five major banks and financial markets.

#RateRises#OCR#Mortgages

Old friends reunite, new partnerships begin! This Chinese-owned builder draws on resources across the supply chain to support every stage of a home build

On the afternoon of 15 August, the two-day Auckland edition of the 2026 New Zealand International Building Expo & Summit (NZIBES) came to a successful close at Due Drop Events Centre. More than a hundred brands gathered, bringing together builders, developers, designers, suppliers, government agencies and professional service teams to exchange information, share experience and explore opportunities for future collaboration.

#Construction#OneStopFullServiceHomeBuilding#SupplyChain