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Optical Character Recognition (OCR) Stories - Page 7

Kiwi Stories

Optical Character Recognition (OCR) stories

Reserve Bank taking ‘wait and see’ approach
Bank of New Zealand

Reserve Bank taking ‘wait and see’ approach

Borrowers facing repricing will welcome a stable OCR, with the Reserve Bank now signalling cuts may not come until early 2025.

By Michael Curreen • 3 min read • Fri, 18th Aug 2023
Home sales record first annual increase in two years
Bank of New Zealand

Home sales record first annual increase in two years

Tighter stock on the market and a 7.5% rise in sales point to New Zealand housing volumes finally bottoming out after a long slump.

By Michael Curreen • 4 min read • Fri, 23rd Jun 2023
Have yields peaked with OCR raises?
Supply Chain

Have yields peaked with OCR raises?

Property investors may see yields stabilise soon, as the Reserve Bank of New Zealand signals its Official Cash Rate has peaked and cuts loom.

By Michael Curreen • 5 min read • Tue, 6th Jun 2023
Average New Zealand house price back to $900,000
Northland

Average New Zealand house price back to $900,000

Values are still falling in several centres, but slower declines and firmer migration are hinting the market may be nearing bottom.

By Michael Curreen • 17 min read • Tue, 9th May 2023
The beginning of the end of NZ’s house price downturn?
GFC

The beginning of the end of NZ’s house price downturn?

Signs of a floor are emerging as mortgage rates stabilise and sales improve, though values have still fallen 10.5% over the past year.

By Michael Curreen • 4 min read • Thu, 20th Apr 2023
Is the housing market a casualty of the Reserve Bank’s war on inflation?
Bank of New Zealand

Is the housing market a casualty of the Reserve Bank’s war on inflation?

Mortgage rates may already be near their peak, but new borrowers still face tough affordability tests and repricing pressure for months.

By Michael Curreen • 5 min read • Wed, 5th Apr 2023
Will the election have an impact on property market activity?
New Zealand Labour Party

Will the election have an impact on property market activity?

Uncertainty over tax and housing policy could briefly slow residential sales, though commercial activity is likely to stay driven by rates and inflation.

By Staff Writer • 5 min read • Mon, 6th Feb 2023
QV releases predictions for 2023 property market
GFC

QV releases predictions for 2023 property market

Higher borrowing costs and recession fears are expected to keep New Zealand house values under pressure through 2023, QV says.

By Michael Curreen • 16 min read • Fri, 20th Jan 2023
Waikato pleading for more rentals
Hybrid & Remote Work

Waikato pleading for more rentals

Rental shortages are forcing some first-home buyers to purchase sooner, as Waikato’s population growth and housing demand outstrip supply.

By Michael Curreen • 4 min read • Wed, 18th Jan 2023
What were 2022’s top performing suburbs?
GFC

What were 2022’s top performing suburbs?

Higher mortgage rates and tighter lending rules have left New Zealand’s housing market weaker than expected, with sales at a 12-year low.

By Michael Curreen • 6 min read • Tue, 10th Jan 2023
Higher mortgages create hesitant housing market
Bank of New Zealand

Higher mortgages create hesitant housing market

Rising borrowing costs are keeping buyers on the sidelines as New Zealand sales fall 36.1% year on year and prices soften.

By Michael Curreen • 9 min read • Tue, 13th Dec 2022
‘One bright light’ amidst housing market downturn
Bank of New Zealand

‘One bright light’ amidst housing market downturn

Sales rose nearly 8% in November, offering a rare sign of resilience as New Zealand’s median house price fell 12.4% year on year.

By Michael Curreen • 3 min read • Mon, 12th Dec 2022
Wellington at ‘epicentre’ of property downturn
Bank of New Zealand

Wellington at ‘epicentre’ of property downturn

Mortgage holders may welcome easing nationwide declines, but Wellington is still leading the slump, with Porirua posting the steepest falls.

By Michael Curreen • 5 min read • Wed, 30th Nov 2022
First home buyers increase market share amid housing downturn
Bank of New Zealand

First home buyers increase market share amid housing downturn

Higher borrowing costs have not stopped New Zealand first home buyers lifting their share of purchases to 24% as prices ease.

By Staff Writer • 5 min read • Mon, 14th Nov 2022

Global Stories

Optical Character Recognition (OCR) stories

Huawei Cloud supports SMBs with Business Development Platform
Small Business

Huawei Cloud supports SMBs with Business Development Platform

Huawei Cloud's Business Development Platform (BDP) offers solutions to help SMBs maintain productivity and adapt to the new hybrid workspaces.

By Tom Raynel • 7 min read • Thu, 15th Jun 2023
Trojanised WhatsApp and Telegram applications stealing crypto funds
Crypto

Trojanised WhatsApp and Telegram applications stealing crypto funds

Rhreat actors are going after victims' cryptocurrency funds using trojanised Telegram and WhatsApp applications.

By Shannon Williams • 4 min read • Mon, 20th Mar 2023
rapidMATION helps My Plan Manager level up its automation
IT Automation

rapidMATION helps My Plan Manager level up its automation

The National Disability Insurance Scheme (NDIS) in Australia is using Intelligent Automation to decrease administrative burden and improve services.

By Tom Raynel • 4 min read • Wed, 1st Mar 2023
Frisk launches Document Fetcher as new feature of software platform
Document Management

Frisk launches Document Fetcher as new feature of software platform

The company says this new tool will help make the process of fulfilling Freedom of Information (FOI) requests faster and more cost-effective.

By Mitchell Hageman • 2 min read • Fri, 2nd Dec 2022