The Official Cash Rate has risen for the first time in three years — but does that mean mortgage rates are about to climb too?

Tamsyn Parker is joined by NZ Herald Wellington Business Editor Jenée Tibshraeny to unpack the OCR hike, the risk of inflation becoming embedded and why fixed-term borrowers may not feel the impact immediately.

They also examine an OECD report suggesting New Zealand’s real wages are near the bottom of the developed world, why workers are struggling to negotiate pay rises, and whether restrictive employment contracts are holding back productivity.

Plus, thousands of properties could carry a hidden natural-hazard warning that may affect insurance claims, renovations and even the ability to secure a mortgage.

The Economy of Everything is brought to you with the help of CMC Markets.

The Official Cash Rate has risen for the first time in three years &mdash; but does that mean mortgage rates are about to climb too?
Tamsyn Parker is joined by NZ Herald Wellington Business Editor Jen&eacute;e Tibshraeny to unpack the OCR hike, the risk of inflation becoming embedded and why fixed-term borrowers may not feel the impact immediately.
They also examine an OECD report suggesting New Zealand&rsquo;s real wages are near the bottom of the developed world, why workers are struggling to negotiate pay rises, and whether restrictive employment contracts are holding back productivity.
Plus, thousands of properties could carry a hidden natural-hazard warning that may affect insurance claims, renovations and even the ability to secure a mortgage.
The Economy of Everything is brought to you with the help of CMC Markets.

The Economy of Everything is where the big economics headlines meet everyday life. Every Wednesday, NZ Herald's business editor at large Liam Dann and business editor Tamsyn Parker sit down to talk it through. From markets and interest rates to jobs, housing and the cost of living, they  dive into why it all matters more than you think. Because whether you’re paying a mortgage or just buying milk, the economy is already in the room.

Then, every month tune in for Money Talks where Liam Dann talks to a high profile guest about their relationship with money. Be inspired, learn from the mistakes of others and get intimate with your own relationship with money. 

The Economy of Everything and Money Talks are presented by NZ Herald in partnership with CMC Markets

The Economy of Everything is where the big economics headlines meet everyday life. Every Wednesday, NZ Herald's business editor at large Liam Dann and business editor Tamsyn Parker sit down to talk it through. From markets and interest rates to jobs, housing and the cost of living, they&nbsp; dive into why it all matters more than you think. Because whether you&rsquo;re paying a mortgage or just buying milk, the economy is already in the room.
Then, every month tune in for Money Talks where Liam Dann talks to a high profile guest about their relationship with money. Be inspired, learn from the mistakes of others and get intimate with your own relationship with money.&nbsp;
The Economy of Everything and Money Talks are presented by NZ Herald in partnership with <a href="https://www.cmcmarkets.com">CMC Markets</a>

Interesting New Zealanders share how money has shaped their lives and what they've learned about it through the years. We're not going to tell you how to get rich, we're not going to try and pick the next interest rate move - this podcast is all about...