Some positive news for mortgage holders.

The Reserve Bank has cut the Official Cash Rate another 50 basis points to 4.25 percent.

ANZ, ASB, BNZ, Kiwibank and The Cooperative Bank have all lowered their rates in response.

NZ Herald business editor at large Liam Dann says the central bank is pointing to a few more cuts over the next six months.

LISTEN ABOVE

Some positive news for mortgage holders.
The Reserve Bank has cut the Official Cash Rate another 50 basis points to 4.25 percent.
ANZ, ASB, BNZ, Kiwibank and The Cooperative Bank have all lowered their rates in response.
NZ Herald business editor at large Liam Dann says the central bank is pointing to a few more cuts over the next six months.
LISTEN ABOVE

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Matt and Tyler dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

We’re bringing you an exciting new era on Newstalk ZB with Matt Heath &amp; Tyler Adams Afternoons.
With years of media and broadcast experience between them, this team brings a fresh and unique perspective to your weekdays.
Matt and Tyler dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath and Tyler Adams dive into the latest news stories, share their opinions, and engage with their listeners weekdays on Newstalk ZB.

Matt Heath & Tyler Adams Afternoons

Liam Dann: NZ Herald business editor at large on the Reserve Bank cutting the OCR down to 4.25 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3c76ecf2-824f-44fa-bfd9-b23500263968/transcript

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