NZ Property Economy Crisis: Why Higher Interest Rates Hurt Kiwis
About this episode
The episode discusses the impact of recent interest rate hikes on the New Zealand property economy and the political implications surrounding it.
The Reserve Bank just delivered an interest rate hike that the National Party desperately wanted to avoid. This completely shatters their script, yet Nicola Willis is trying to spin this as a sign of a strengthening economic recovery. We check in with Ani O'Brien and Ashley Church to see if this economic turnaround is actually real or just more Wellington spin. Learn more about your ad choices. Visit megaphone.fm/adchoices
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