Economic & Market Updates

It is quite understandable that the rate of home ownership in New Zealand has fallen in recent years. Just under 65% of households owned their own home at the time of the last census in 2013, and this is the lowest it has been since 1951. The rapid increase in property prices since 2013 has most likely lowered this percentage. In the higher priced areas such as Auckland, the rate of home ownership, especially for those who would historically be considered as first home buyers, would most likely be a lot lower.

Before your child gets to year 12 at school, if they want to do well academically, they need to get into the learning habit. It is the results from Year 12, that will determine their eligibility for university scholarships, what courses they may be eligible to apply for, and very importantly access to University hostels and flats. This is a year earlier in their lives than what most students realise and may come as a shock to parents.