close
MENU
Hot Topic DEALMAKERS
Hot Topic DEALMAKERS
2 mins to read

Savers should be spared slashed rates following anticipated OCR cut

Most economists are now picking a 25 basis point cut to the official cash rate next Thursday, with the market pricing in a 94% chance of a cut. With special feature audio.

Jason Walls
Fri, 05 Aug 2016

Kiwi savers shouldn’t be too alarmed by the prospect of the Reserve Bank cutting interest rates next week, an expert says.

According to Massey University associate professor David Tripe, it’s unlikely deposit rates will be dramatically slashed by retail banks passing on a full 0.25% cut.

Most

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Jason Walls
Fri, 05 Aug 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Savers should be spared slashed rates following anticipated OCR cut
60531
true