Another major bank has advice for mortgage holders ahead of The Royal Bank of New Zealand official cash rate decision new week. 

The Royal Bank of New Zealand is expected to cut the OCT by 25bp to 3.50% on April 9. 

Westpac said the decision to cut is the wrong one. 

ASB Chief Economist Nick Tuffley talks to Ryan Bridge about the decision.

LISTEN ABOVE.

<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Another major bank has advice for mortgage holders ahead of The Royal Bank of New Zealand official cash rate decision new week. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">The Royal Bank of New Zealand is expected to cut the OCT by 25bp to 3.50% on April 9. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">Westpac said the decision to cut is the wrong one. 
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">ASB Chief Economist Nick Tuffley talks to Ryan Bridge about the decision.
<p style="-webkit-user-drag: none; -webkit-tap-highlight-color: transparent; margin: 0px 0px 10.6667px; padding: 0px; user-select: text; overflow-wrap: break-word; white-space: pre-wrap; vertical-align: baseline; font-kerning: none; background-color: transparent; color: windowtext; text-align: left; text-indent: 0px;">LISTEN ABOVE.

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Nick Tuffley: ASB Chief Economist on what US tariffs mean for our mortgage rates, and OCR review next week

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4ea6e20f-2e1d-4ddf-a745-b2b500526a05/transcript