In this episode, we discuss negative interest rates and the potential for New Zealand's OCR to go negative. We cover the fact that a negative OCR does not mean negative retail interest rates ... the bank isn't going to start paying you to take out a mortgage.
We also discuss the OCR and the role it actually plays in New Zealand's financial system ... before giving an example of what this looks like in Switzerland.
Finally, we discuss our upcoming Live Podcast Tour, which is happening mid-September in: Christchurch, Wellington and Auckland. Click on the links to register for your free ticket.
The Property Academy Podcast