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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Margin Call
4 mins to read

Interest rate pain intensifies

ANALYSIS: It will take time for lower rates to provide relief and households will face headwinds for a while yet.

Consumer arrears hit a seven-year high of 13% of those with financial obligations in January 2024.

Hamish Pepper Tue, 12 Mar 2024

Following the fastest RBNZ tightening cycle in New Zealand’s history, some people are still asking whether the impact of higher interest rates will be enough to return inflation to 2%. For others, this may seem slightly strange given the plethora of data showing the economy is struggling after

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Hamish Pepper Tue, 12 Mar 2024
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Interest rate pain intensifies
Margin Call,
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