With how high interest rates could now go scaring some people a little, and with terms of four and five years only fractionally higher than terms for one or two years, some are probably wondering whether they should opt for a little more certainty and go long, especially if anything over 7% becomes problematic for them.

But fixing long term can be problematic in the context of the economic environment we’re heading into – and there are some lessons from the GFC on this.

LISTEN ABOVE

With how high interest rates could now go scaring some people a little, and with terms of four and five years only fractionally higher than terms for one or two years, some are probably wondering whether they should opt for a little more certainty and go long, especially if anything over 7% becomes problematic for them.
But fixing long term can be problematic in the context of the economic environment we’re heading into – and there are some lessons from the GFC on this. 
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.