Rupert Carlyon / Banks Suffocating NZ Economy? Ep 509 cover art

Rupert Carlyon / Banks Suffocating NZ Economy? Ep 509

Rupert Carlyon / Banks Suffocating NZ Economy? Ep 509

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The RBNZ’s OCR decision lands Wednesday, 18 February, and it's expected to hold at 2.25%. The deeper truth? Australian banks (ANZ, ASB, BNZ, Westpac) dominate New Zealand’s mortgage market, influence media and politics, and shape house prices and the economy at large. With fragile recovery signs amid persistent inflation, will their pursuit of wider margins on “safe” lending tip us toward Japanese-style housing stagnation? Rupert Carlyon of kōura Wealth joins to discuss.

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