Advisers brace for second lockdown; ASB profits drop 20%; OCR decision later

Wednesday, August 12th 2020, 10:59AM

Mortgage advisers are preparing to run their businesses under lockdown once again as Auckland goes into alert level three at midday: [READ ON]

ASB Bank profits dropped by 20% in the year to June as the effects of the Covid-19 pandemic took hold: [READ ON]

The Reserve Bank will make its latest Monetary Policy Statement and OCR decision later. Keep an eye out at TMM Online.

Tags: ASB

« Kainga Ora rate cuts; Greens propose further tenancy reformsMortgage deferrals to be extended as Reserve Bank tries to push down rates »

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