Why the RBNZ's approach to interest rates is flawed

Mortgage Rates

Guess what? No rate changes today. But we have the second in a third paper from economist Rodney Dickens on interest rate settings. In this one he argues that the way the Reserve Bank sets the OCR is fundamentally flawed. Have a read of the story and the full report here.

Next week he promises to to provide a solution the question how should the Reserve Bank set rates. We're looking forward to finding out the answer.

Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

J

Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

Get a free mortgage review

All fields are required