Politics 🗳️ NZ Politics

Looking through David Seymour's lies..... (someone might get that - w2d?)

Why is Seymour getting involved with this? As Minister of Internal Affairs, it should be Brooke van Velden answering questions about FENZ. Golllum, sorry Seymour, should stick to his own business.
 

NZWarriors.com

According to oneroof, SBS are currently offering an unadvertised rate of $3.99% for their one and two year terms for those with a minimum deposit/equity of 20%. It also included a 1% cash back up to $20,000. This ahead of the next OCR announcement on 26 November. Economists are expecting the major banks too follow suit.

 
According to oneroof, SBS are currently offering an unadvertised rate of $3.99% for their one and two year terms for those with a minimum deposit/equity of 20%. It also included a 1% cash back up to $20,000. This ahead of the next OCR announcement on 26 November. Economists are expecting the major banks too follow suit.

Is the Reserve Bank overcooking this again?
 
Is the Reserve Bank overcooking this again?
I think the general opinion among most economists is, compare to the central banks of other countries, the RBNZ went to far with pushing the OCR upwards and have been far to slow in pulling it back down. The move from the SBS (especially when the major banks follow) is a clear signal to the Reserve Bank they should have dropped the OCR a lot faster and that the banks think there's still more to go.

Makes you wonder why Robinson would have extended Orr's contract so close to the last election when he stuffed up things so badly.
 
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