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Economy

17 August 2023

New Zealand’s Reserve Bank has decided to hold its cash rate once again.

16 August 2023

As the Reserve Bank’s decision to halt the cash rate was influenced by favourable inflation data, economists widely anticipate the bank will hold in September.

15 August 2023

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through a recent survey.

15 August 2023

Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.

14 August 2023

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.

11 August 2023

Economist Alan Oster has warned of an upcoming spike in third-quarter CPI, raising the prospect of additional interest rate hikes in the near future.

9 August 2023

Despite the RBA placing the cash rate on hold, consumer sentiment dropped with potential dwelling purchase confidence falling even further.

9 August 2023

Green loans could play an integral part in the green transition, acting RBA head of domestic markets has said.

7 August 2023

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled mortgage repayments.

3 August 2023

The big four banks have adjusted their cash rate forecasts on the heels of interest rates being held steady in August.