Results: New Zealand Economy
Inflation tracking as hoped, market still anticipating OCR fall in November
Weak economic data continues to pour in, and with the latest inflation figures coming in lower than expected, it looks increasingl...
Despite no change to OCR, signs suggest we're edging closer to rate falls
The OCR has remained unchanged this week, but it's not all bad news as the RBNZ shares its prediction that inflation should be bac...
Market changes its tune on future of interest rates amid weak economic data
The numbers all point to recession, and now the market is increasingly expecting rate falls by the end of the year. So, what will ...
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?
Inflation's backing down, but it's still got a way to go
If borrowers are hoping that the just-announced fall in the country’s rate of inflation to a four year low of 4.0% from the 2022 peak of 7.3% will bring interest rate cuts, they might need to think again.
Keen for the best rate and some cash too?
We've teamed up with award winning mortgage experts, Squirrel.
With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing.
Katie
New Zealand
Our experience with Squirrel has been fantastic. Our Advisor was friendly and professional and made what can be a stressful and complex process very seamless for us. We are thrilled with our outcome.
Martin
New Zealand
Helped me get an improved rate and sorted out my needs. Great communication, kept me up to date throughout the process.