News

1% OCR predicted; Investor lending plummets

ANZ has predicted the Official Cash Rate will be cut to just 1% in 2020, as it adopts a more dovish outlook on the New Zealand economy.[READ ON]

Investors may not be selling up en masse but they aren’t buying either – going by new data which shows the amount getting mortgage lending has dropped significantly. [READ ON]

Most Read

Get TMM delivered to your inbox each week

Sign Up