Archive for December, 2009
The Power Of Purpose »
When you have a purpose in life, a vision for what you want to achieve, and know why you want to achieve it, work becomes fun, and the time you spend working seems to just whizz by
Christmas Gift Idea »
With Christmas just around the corner I thought what better time to get in some new information about finance and money and at the same time get some brownie points for buying a great gift for family members. Books make great presents and what a great way to spend some of those Christmas hours reading a new book. Live Well, Spend Less is a [...]
Reserve Bank Expected To Keep OCR Steady »
Our expectations are for the Reserve Bank to hold the Official Cash Rate steady tomorrow, even though the markets will be searching for clues as to how long the cash rate will stay at current levels. Economists and analysts from the major banks all believe the OCR will be held at its current level of 2.5 percent. Chief economist for Deutsche [...]
Money Markets »
This morning (8am on 4 December 2009) the money markets were at the following levels: Official cash rate 2.50% (unchanged) 90 day bill rate 2.78 (unchanged) 1 year swap rate 3.38 (up from 3.35) 3 year swap rate 4.87 (down from 4.95) 10 year bond rate 5.91 (down from 5.95) Kiwi dollar [...]
2010 Predictions »
It is always difficult to predict the next twelve months but some trends are starting to emerge and some earlier predictions are coming true. I believe house prices, in the main centres, will continue to appreciate, especially Auckland which has already started to occur. This is due both to supply and demand. There are less new dwellings [...]
