Results: New Zealand Economy
Could we see three-year fixed rates at 4.95% by Christmas?
Lenders were quick to drop their floating rates in response to last week's 0.50% OCR reduction, and we're starting to see the bene...
Bumper cut takes OCR down to 4.75%
On 9th October, the RBNZ stepped up the pace on rate reductions, announcing a 0.50% cut to the OCR. Here's what that means for mor...
Competition likely to heat up amongst the banks following next OCR cut
It's looking increasingly likely that next week's OCR announcement could bring a 0.50% reduction, tipping one-year fixed rates bel...
Pressure ramping up for RBNZ to start dropping interest rates
Consumer and business confidence have both fallen in the last month, taking us to near-historic lows. But more weak economic data means the case is growing for a drop in interest rates.
Strong US economy pushes up wholesale rates, but mortgage rates unchanged
The US economy has continued to perform strongly, but it's a different story in other markets around the world—including NZ. So when might interest rates start to come down again?
The Reserve Bank plays deaf to economic distress signals
House prices are falling, and both household confidence and job security are on the decline. The state of the economy is becoming increasingly poor — so when will the Reserve Bank finally stop over-restricting it?
Jobs growth in New Zealand has hit a roadblock
Wholesale interest rates in NZ have increased in recent months, and there has essentially been no jobs growth in New Zealand since the middle of last year. So will this weakening in the labour market continue?
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