Too Late! Kiwis Get Another Large Rate Cut, With More To Come...

Digital Finance Analytics (DFA) Blog

Oct 10 2024 | 00:10:33

00:00 / 00:10:33

Show Notes

Poor Kiwi’s have been hit by some of the highest interest rates in the western world, thanks to the aggressive OCR hikes from their Central Bank, as high migration stoked inflation, but still saw a recession. Then the RBNZ turns turtle and started to cut rates, as migration started to fall, along with home prices, and now they have another rate cut to contend with, as the economy remains weak, and international factors could push inflation higher again. All up New Zealand’s economy has stalled, unemployment is rising and house prices are falling as the prolonged period of high borrowing […]

Other Episodes

Episode 0

November 29, 2023 • 00:12:58

Kiwi’s Yet To See Higher Rates Thanks To Migration?

The Reserve Bank’s Monetary Policy Committee held the Official Cash Rate at 5.5% Wednesday in Wellington. This was as expected by most economists. But...

Episode 0

June 21, 2021 • 00:23:35

Property Signs 21st June 2021 [Podcast]

Today Who’s Really Calling The Housing Lending Shots? We look at more Government Meddling in the housing market, as the First Home Deposit schemes...

Episode 0

November 08, 2023 • 00:35:25

An Important Update On Mortgage Stress...

Today we walk through the latest and troubling results from our surveys and analysis. Unfortunately, we see a further rise in cash flow stress...