The Mike Hosking Breakfast •
iHeart

Andrew Kelleher: JMI Wealth Director ahead of the review of the official cash rate - The Mike Hosking Breakfast

The Mike Hosking Breakfast

New Zealand homeowners will find out whether mortgage rates are set to increase again today.

The Reserve Bank will update the Official Cash Rate, which has been on hold at 5.5% since May.

Inflation currently sits at 6%, with economists picking interest rates may have peaked. 

JMI Wealth's Andrew Kelleher told Mike Hosking that further hikes are possible after the election, but opinion is still divided on whether it's necessary. 

LISTEN ABOVE 

See omnystudio.com/listener for privacy information.

Read more
00:0000:00
Andrew Kelleher: JMI Wealth Director ahead of the review of the official cash rate - The Mike Hosking Breakfast