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1% OCR predicted; Investor lending plummets

Friday, December 21st 2018, 10:17AM

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]

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