Results: New Zealand Economy

Straight road lined with trees
25 February 2021

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 cru...

Young couple with moving boxes in house
11 February 2021

New borrowers will pay more

If borrowers are approaching taking on a new mortgage with a view (conscious or not) that rates tend to fall over time and debt ma...

Hands holding phone above keyboard
03 February 2021

Higher interest rates for property investors unlikely

Reserve Bank decide it will help first home buyers by slugging investors regardless of their risk profile? No; they are not charge...

18 January 2021

Shifting interest rate risks

Welcome to 2021 and another year when in all probability house prices will continue to rise at a strong pace, with a key driving factor continuing to be record low interest rates.

20 November 2020

Low interest rates and high house prices

The commonly accepted view is that New Zealand house prices have soared 500% since 1992 because of insufficient construction. This is not true.

11 November 2020

Why interest rates will remain low for a few years - Tony Alexander

Banks lend out about $280 billion to households for housing purchases. But they have funding from households exactly equal to $200 billion. It might pay to stop and think about that number for a moment.

30 October 2020

Central banks are going to keep interest rates low

There are three central banks whose comments and policies are of high importance to interest rate movements and prospects in New Zealand. Most important is our own Reserve Bank, the United States Federal Reserve Board, and the Reserve Bank of Australia.