As inflation cools down, homeowners are starting to hold out for cuts to the OCR. 

The CoreLogic April Housing report shows 56% of new loans taken out in February were on one-year fixed terms compared to 36% in December. 

Chief Property Economist Kelvin Davidson says that's a pretty strong indication people don't want to lock in for too long in case rates fall. 

He says the report also contains a prediction of general cooling of the previously hot property market.

Davidson's expecting prices to be fairly subdued for the next couple of years, which will be good news for those struggling with affordability.

LISTEN ABOVE

As inflation cools down, homeowners are starting to hold out for cuts to the OCR.  
The CoreLogic April Housing report shows 56% of new loans taken out in February were on one-year fixed terms compared to 36% in December.  
Chief Property Economist Kelvin Davidson says that's a pretty strong indication people don't want to lock in for too long in case rates fall.  
He says the report also contains a prediction of general cooling of the previously hot property market.
Davidson's expecting prices to be fairly subdued for the next couple of years, which will be good news for those struggling with affordability. 
LISTEN ABOVE

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition on Newstalk ZB.

Don't risk not knowing what's going around New Zealand and the world - catch up with interviews from Early Edition, hosted by Kate Hawkesby on Newstalk ZB.

Early Edition on Newstalk ZB

Kelvin Davidson: CoreLogic Chief Property Economist on homeowners choosing short term loans in anticipation of cuts to the OCR

UK Correspondent Vincent McAviney brings us the latest on the UK local elections and from London’s fatal sword attack. 

McAviney told Mike Hosking “If things are really bad for the Prime Minister, it could see a mutiny on his back benches.” 

McAviney said Rishi Sunak is expected to lose around half of their councillors in England and Wales. 

McAviney says the only thing that might stop his party from replacing him is that the British public don't want a sixth conservative Prime Minister in fourteen years. 

In other news, a man has been charged with murder for the sword attack on a fourteen-year-old boy. 

LISTEN ABOVE.

UK Correspondent Vincent McAviney brings us the latest on the UK local elections and from London’s fatal sword attack.  
McAviney told Mike Hosking “If things are really bad for the Prime Minister, it could see a mutiny on his back benches.”  
McAviney said Rishi Sunak is expected to lose around half of their councillors in England and Wales.  
McAviney says the only thing that might stop his party from replacing him is that the British public don't want a sixth conservative Prime Minister in fourteen years.  
In other news, a man has been charged with murder for the sword attack on a fourteen-year-old boy.  
LISTEN ABOVE.

Vincent McAviney: British PM expected to lose half his councillors across England and Wales

Is it time to review the attitudes of MPs inside parliament?

Political commentator Brigette Morten told Mike Hosking that in a week with MP pay rises and James Shaw’s exit - it has become all about her outburst. 

“It looks like there’s been a pattern of behaviour,” Morten said.

House Speaker Gerry Brownlee said there’s a justice process, during which Genter can make representations to the Speaker by midday Monday. 

Green Party co-leader Marama Davidson told reporters that Genter was currently working from home.

LISTEN ABOVE.

Is it time to review the attitudes of MPs inside parliament? 
Political commentator Brigette Morten told Mike Hosking that in a week with MP pay rises and James Shaw’s exit - it has become all about her outburst.  
“It looks like there’s been a pattern of behaviour,” Morten said. 
House Speaker Gerry Brownlee said there’s a justice process, during which Genter can make representations to the Speaker by midday Monday.  
Green Party co-leader Marama Davidson told reporters that Genter was currently working from home. 
LISTEN ABOVE.

Brigette Morten: Political Commentator on Julie Anne Genter's outburst in parliament

Are kiwis uninterested in New Zealand Fashion?

New Zealand Fashion Week has been cancelled this August and has decided to shift into a two-yearly schedule.

Owner Feroz Ali says there weren't enough designers to commit to the weeklong event because they're focused on the survival of their businesses.

Retail NZ Chief Executive Carolyn Young told Mike Hosking that it's not that people don't want to buy local.

She says the biggest factor is that people don't have disposable income to spend on discretionary items.

LISTEN ABOVE  

Are kiwis uninterested in New Zealand Fashion? 
New Zealand Fashion Week has been cancelled this August and has decided to shift into a two-yearly schedule. 
Owner Feroz Ali says there weren't enough designers to commit to the weeklong event because they're focused on the survival of their businesses. 
Retail NZ Chief Executive Carolyn Young told Mike Hosking that it's not that people don't want to buy local. 
She says the biggest factor is that people don't have disposable income to spend on discretionary items. 
LISTEN ABOVE

Kelvin Davidson: CoreLogic Chief Property Economist on homeowners choosing short term loans in anticipation of cuts to the OCR

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