Governor acknowledges COVID-19’s impact on New Zealand’s economy
In contrast, buyer sentiment fell over the quarter
It could impact consumer spending and New Zealand’s GDP
They outline the cheapest rate strategy for a five-year period
It might only cause unnecessary fear
They issued advice on how borrowers could secure the “best” deal for their mortgage
"New Zealanders are starting to turn their minds to the future"
The regulator says the advice had "the potential for significant harm"
This version is "better suited to the learning needs" of new and experienced advisers