The NZ Property Market Podcast

0.5% OCR cut with mortgage rates already dropping

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The Reserve Bank has followed through on what ‘the markets’ and bank economists were expecting, with a 0.50% OCR cut today.

Inflation is considered to already be back in the target range (official data due Tuesday 16th) and the economy is weak, with the RBNZ noting we have ample spare capacity in NZ.

Check out today’s reactionary pod for Nick and Kelvin’s take on the decision.

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This podcast is for educational and entertainment purposes only and does not constitute financial, legal, or tax advice. The hosts are not licensed Financial Advice Providers in New Zealand. All information is of a general nature and does not take into account your personal situation or goals. Please consult a qualified professional before making any financial decisions.