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Climbing interest rates

By RYAN SMUTS on April 29th, 2022.

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In early April, there were many discussions following the interest rate market. The OCR was increased by 0.50%, which has NZ currently sitting at 1.50% (to note: this is the first time in over 2 decades, where the OCR was increased by more than 0.25% in one review).

 

It is without a doubt that this will impact the interest rate market, with many banks already increasing their...

 

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