PROPERTY INVESTOR LANDLORD ECONOMIC NEWS & ALERTS AUSTRALIA/NEW ZEALAND

Thursday, December 17, 2009

The New Zealand Official Cash Rate (OCR) remains unchanged at 2.5 percent.

Date 10 December 2009
The New Zealand Official Cash Rate (OCR) remains unchanged at 2.5 percent.

Reserve Bank Governor Alan Bollard said: “The New Zealand economy continues to recover but there remains considerable uncertainty about the durability of the expansion

“If the economy continues to recover, conditions may support beginning to remove monetary stimulus around the middle of 2010. Recent tightening in financial conditions, driven by a higher exchange rate, increased long-term interest rates and a wider gap between the OCR and bank funding costs, reduces the need for more immediate action.”

Saturday, December 5, 2009

FREE TENANT SCREENING FOR MEMBERS

PROPERTY INVESTOR LANDLORD HAS FINALLY LAUNCHED THEIR TENANT SCREENING SERVICE AND ALREADY PROVEN TO BE A BIG HIT.

One of the greatest fears of any property investor and their property manager is that of default tenants. Yet wherever rental accommodation is offered you face the risk of inheriting one of these people who are able to slip through the system.

Would You Like The Ability
To Perform Tenant Checks

For Peace Of Mind And Security
Know If Your Tenant Applicant
Has Defaulted And Owes Rent


It is highly unlikely that a tenant will advise you that they have trashed another property or owe money for rent. Your asset can very easily and quickly become a liability by approving the wrong tenant applicant.

List Defaulting Tenants

Sometimes A Landlords Best Tool For
Recouping Lost Rent

The TICA DEFAULT TENANCY CONTROL SYSTEM is the largest tenant database operating throughout Australia and New Zealand. The system is totally compliant with the Australian National Privacy Principles. By using the TICA SYSTEM you will be in a position to enquire if a tenant applicant has or has not previously defaulted prior to placing them into your property.

Perform Enquiry Checks

Suspect Your Tenants About to Run?
Enquiry Check Informs You Of Your
Tenants Rental Property Enquiries

How Powerful Would That Be For You?
Finally! "Landlords In Charge"


TAKE CHARGE TODAY MORE INFO CLICK HERE>>

RBA RAISES CASH RATE 25 BASIS POINTS TO 3.75 % EFFECTIVE 2 DEC 2009

At its meeting today, the RBA Board decided to raise the cash rate by 25 basis points to 3.75 per cent, effective 2 December 2009.

Credit for housing is expanding at a solid pace, and dwelling prices have risen significantly this year. Business credit has fallen, as companies have reduced leverage in an environment of tighter lending standards, and as some lenders have scaled back their balance sheets. The decline in credit has been concentrated among large firms, which generally have had good access to equity capital and, more recently, to debt markets. Share markets have recovered significant ground, which, together with higher dwelling prices, has meant a noticeable recovery in household wealth.
The Board’s assessment of the outlook remains much as in the November Statement on Monetary Policy. Growth in 2010 is likely to be close to trend and inflation close to target.
With the risk of serious economic contraction in Australia having passed, the Board has moved at recent meetings to lessen gradually the degree of monetary stimulus that was put in place when the outlook appeared to be much weaker. These material adjustments to the stance of monetary policy will, in the Board’s view, work to increase the sustainability of growth in economic activity and keep inflation consistent with the target over the years ahead.


STATEMENT BY GLENN STEVENS, GOVERNOR MONETARY POLICY