Jarrod Kerr
Why are mortgage rates still rising?
All five major banks lifted their home loan rates over the last week. While most commentators are expecting the official cash rate to stay at 5.5 percent today, other countries' central banks are… Audio
Kiwibank chief economist on inflation drop to 6.7 percent
The rising cost of living appears to have peaked, with one economist picking it will be closer to three percent by the end of the year.
The latest figures show annual inflation falling to 6.7 percent… Video, Audio
Economists guessing economy contracted in late 2022
Economists are expecting a mild contraction for the economy in the fourth quarter of 2022.
The GDP figures will be released today, and may give a greater idea of any impending recession.
Kiwibank is… Audio
Kiwi economy in for a bumpy ride in 2023
The latest quarterly survey of business confidence shows some of the worst rates on record.
The New Zealand Institute of Economic Research data shows it could be even lower than the 2008 recession.
…Housing downturn grim, but not another financial crisis - economist
Rising interest rates and falling house prices could push more home owners into negative equity.
That's just one of the risks highlighted in the Reserve Bank's latest six-monthly financial stability… Video, Audio
Midday Business News for 13 June 2022
News from the business sector, including a market report with Nicholas Pointon. Audio
What does 2 percent cash rate mean for home loans?
The cost of living is about to get a whole lot pricier if you've got a mortgage and there could be yet more pain coming down the pipe.
The Reserve Bank has raised the official cash rate half a… Video, Audio
Interest rate may rise to highest level in six years
There's little question that the Reserve Bank is poised to raise its benchmark interest rate to its highest level in six years later today, but plenty of questions still to be asked about the economic… Audio
How badly will cash rate rise hit mortgage costs?
How much more will homeowners have to pay on their mortgages now that the Reserve Bank has raised the official cash rate to one percent? And what about those who want to get on the property ladder? On… Audio
Inflation figures set to come out today
Inflation figures come out today with what's expected to be highest rate in three decades.
It comes as the economy braces for more disruption with the arrival of the Omicron variant of Covid-19… Audio
Economists expect official cash rate to rise
Economists are tipping an interest rate rise at the Reserve Bank's monetary policy announcement this afternoon.
Most say the official cash rate will be raised 25 basis points, to 0.75 percent, but a… Audio
Reserve Bank changes will make it harder for first home buyers
The risks of unsustainable house prices, and worries that prices could fall, are prompting new limits on how many risky mortgages banks can loan.
The Reserve Bank wants only 10 percent of new… Audio
Unemployment rate falls to 4 percent
The unemployment rate has dropped to its lowest level in nearly a year to four percent. That's better than predictions from analysts, and even below the level before pandemic. The fall was driven by… Audio
Ultra-cheap lending's days numbered after RBNZ announcement
The era of ultra-cheap money looks to be coming to an end after yesterday's Reserve Bank monetary statement.
It held the cash rate at 0.25 percent but halted the bond buying programme, which has… Audio
Kiwibank economist would love to see house prices fall
KiwiBank's chief economist Jarrod Kerr says he would love to see both house prices and rents fall.
The Finance Minister Grant Robertson yesterday signaled that the brunt of the Government's housing… Audio
What will happen to house prices? We ask an economist
The key question on the lips of first-home buyers will be: will house prices fall to the point of becoming affordable? Real Estate Institute figures for February show the median price was up 23… Audio
New LVR rules not impacting investors much - Kiwibank
Kiwibank says tightened Loan-to-Value Ratios may not be having as much of an impact on investor activity as hoped.
LVR restrictions were reintroduced in March, and from the first of May, investors… Audio
OCR: What interest rate changes can Kiwis expect?
The Reserve Bank will review the official cash rate in the first monetary policy meeting this year on Wednesday.
What changes, if any, can we expect?
Jarrod Kerr is the Chief Economist at Kiwibank.
…KiwiBank economist on possible housing market changes
Amid a politically damaging housing crisis, the Finance Minister is promising "bold" action to dampen house price inflation.
On Tuesday, the Reserve Bank reintroduced lending restrictions for first… Audio