Businesses holding up OCR cuts; Difference in scores a reflection of banking study
Friday, May 10th 2024, 10:13AM
Businesses must realise that despite their costs jumping 10%, they can only raise prices 2% and must find savings and boost productivity, otherwise monetary policy won’t be eased and interest rates won’t fall. [READ ON]
The big gap in satisfaction scores between first place and the rest of the pack in Consumer NZ’s latest survey of the worst and best banks, reflects the findings of the Commerce Commission’s banking draft market study, Consumer NZ says. [See here]
| « Mortgage borrowers hedge their bets on OCR coming down soon; ASB rates change | Advisers aid in discounting from headline rates; Kiwibank rates change » |
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