New RBNZ gov Anna Breman: so far, so good
[OPINION] The one thing that newly installed Reserve Bank governor Anna Breman has demonstrated is that she isn’t shy of being in the public eye and she is stressing the need for the central bank to exercise transparency and accountability.
On her second day in the job, last week, she appeared before parliament’s finance and expenditure committee and then on day 10, she hosted a breakfast meeting for finance journalists, mingling and being personally introduced and then sitting for a half-hour Q and A session.
Breman certainly has plenty of monetary policy chops, having served six years at Sweden’s central bank,...MORE»
Westpac asks RBNZ to comment on conditionsWednesday, December 10th, 10:27AM
Westpac is urging the RBNZ to make some public comment on evolving financial conditions. MORE» |
Chapter of economic bad news closing - ASBMonday, December 8th, 10:04AM
New Zealand’s economy is putting recession in its rear-view mirror, with the recovery expected to pick up next year, ASB’s latest Quarterly Economic Forecast says. MORE» |
Mortgage pain could return before Christmas
Fixed mortgage interest rates could start rising before Christmas because the economy’s direction is now up, economist Tony Alexander says.
MORE»Buyers sitting on the sidelines in best time to buy in a decade
Stable house prices, low interest rates and plenty of houses to choose from are still not enticing buyers.
MORE»Differing views on 50-year mortgage
US president Donald Trump recently raised the idea of 50 year mortgages; but New Zealand advisers say such long loans won’t take off in New Zealand.
MORE»Big fall in mortgages rolling over onto lower rates still to come
The fall in borrowing costs is only half-way through for households, even though the RBNZ appears to have made its last cut to the OCR.
MORE»Loan Market's 2025 Professional Development Day Highlights Standout Year and Bold Growth Vision
Loan Market lays out its plans to become the best known mortgage advice firm in New Zealand.
MORE»