Results: Global Economy
Tony Alexander: 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,...
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 fi...
Emergency OCR cut
The Reserve Bank of New Zealand (RBNZ) announced early this morning that a 0.75% cut has been enforced. This takes our already low...
OCR: will there be a cut in March?
When we look to the very beginning of 2020, most economists were going back on their previous words regarding the OCR dropping below the 1% mark (where it currently sits). But no one could have predicted the impact of Covid-19 to our economy.
Official Cash Rate remains unchanged
The latest announcement made by the RBNZ is that the OCR will remain unchanged for the time being.
Gross Domestic Product (GDP) expected to show slow growth
The figures are due to be released later this week, and most of the banks and economists have predicted for the Gross Domestic Product (GDP) to show slow growth.
Economic Outlook
The big five banks released their economic outlooks earlier this week, and all are in agreement that growth is on the slow side.
