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

October 04, 2019 • 00:07:46

Both Mortgage Stress And Retail Take A Breather [Podcast]

We discuss the latest results from our household surveys, and the retail turnover data from the ABS. We also display detailed stress mapping across...

Episode

March 08, 2020 • 00:17:47

Negative Interest Rates Are Coming – Watch Your Cash! [Podcast]

We look at the latest trends on Australian Bonds, Credit Markets and the recent IMF paper on negative interest rates – which they link...

Episode

July 19, 2024 • 00:21:52

How Do We Know That Mortgage Arrears Are Now Rising In Australia?

The latest RBA bulletin, just released, contained a couple of significant articles relating to mortgage arrears and serviceability. The first, “Recent Drivers of Housing...