Central bank Governor Graeme Wheeler has faced criticism from economists after delivering an interest-rate cut that took most of them by surprise.
Auckland’s spreading property bonanza is one of the reasons Reserve Bank Governor Graeme Wheeler may tread carefully as he considers cutting interest rates to a fresh record low on Thursday.
New Zealand’s central bank said it may need to cut interest rates further as falling oil prices and a weaker global growth outlook prolong a period of low inflation.
Governor Graeme Wheeler may have greater scope to cut interest rates as annual inflation has slowed to its weakest since 1999.
For the seventh year in a row this lender has been awarded CANSTAR’s Bank of the Year – First Home Buyers Award
An Auckland fintech has launched today claiming to be New Zealand’s ‘smartest technology-based financial advisor’
The latest CoreLogic analysis of the New Zealand housing market shows that tighter mortgage restrictions are barring many buyer types