Results: Global Economy
Rising global inflation risks
History tells us that ahead of the 2008-09 Global Financial Crisis we economists under-predicted how high interest rates would nee...
Are Kiwis set to head back over the ditch?
Last week the Reserve Bank did something they have not done for a long time. In their regular Monetary Policy Statement they publi...
OCR remains unchanged, RBNZ to keep monetary policy steady
There's no reason for strongly believing that we face a future of sustained high inflation which will require an interest rate crunch. But borrowers should pay attention to the upside risks and the extreme uncertainty regarding how far and fast rates rise.
Fixing one-year highly favoured
In my recent survey, 96% of Mortgage Advisors said that people are favouring the one-year term when fixing their mortgage. The reason for doing so is fairly clear – it is the cheapest rate on offer.
A six-decade journey for NZ interest rates
About three-quarters of all residential properties in New Zealand have a mortgage over them, amounting to almost $300 billion. So, what happens with interest rates can have a big impact on the willingness and ability of most Kiwis to spend and save.
Managing your mortgage through the COVID-19 crisis
Squirrel's CEO John Bolton shared some practical advice for homeowners, and how to keep up with mortgage repayments when hit by financial hardship, in a time like this.