Tony Alexander: Rate cuts are likely to be short term only
Margins are below average for terms of three years and longer. This tell us that unless there's a change in borrowing costs, anyon...
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,...
Breaking: Loan-to-value (LVR) rules are removed by the RBNZ
The Reserve Bank of New Zealand (RBNZ) announced yesterday that the loan-to-value ratio (LVR) restrictions that they put in place back in 2013 will be removed from 1 May for 12 months. So what does this mean?
OCR announcement: Official Cash Rate to remain at 1%
Yesterday the Reserve Bank of New Zealand announced that the Official Cash Rate (OCR) would remain unchanged at 1%.
A change in the wind: OCR 2020 forecast
While most banks are still predicting a cut in the OCR this May, ANZ are taking a different stance.