In this episode, we test out a new format where Ed has selected clips from the Reserve Bank's latest monetary policy statement.
Most interestingly, the RBNZ has announced a Funding For Lending programme. This is where the central bank will lend up to $28 billion to retail banks to on-lend to mortgage holders and businesses.
The central bank's goal is to decrease interest rates and put more money in the pockets of mortgage holders to stimulate lending.
If you like this episode format, then let us know. Give us a text on 5522.
The Property Academy Podcast