New Zealand's Reserve Bank is handing homeowners an early Christmas present, lowering the official cash rate to a record low 2.5 per cent.
Governor Graeme Wheeler trimmed 25 basis points off the rate in a move widely anticipated by the market.
It is the fourth rate cut in 2015 and comes despite recent signs of an increase in economic activity.
Reserve Bank of New Zealand Announcement - 13 November 2019
Learn how to find and analyse positively geared investment properties In this webinar replay, you will learn how to find property that will pay for itself, assist with finance serviceability and provide income regardless of what's happening in the property market.
Reserve Bank of New Zealand Announcement - 25 September 2019
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