Confidence needs more than lower rates
Editorial: Cheaper borrowing is not the only means to growth.
Two outcomes are likely to follow the next move in monetary policy that will take the official cash rate (OCR) to a historic low of 1.25%.
One is that this move, expected in mid-August, will be followed by a new burst of house price increases as buyers can borrow more at lower rates.
The
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Nevil Gibson
Sat, 06 Jul 2019
Sat, 06 Jul 2019
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Confidence needs more than lower rates
Editorial,Columns,
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