Inflation has just hit a 10 year high of 4.9%, interest rates are on the move, and house prices haven’t yet taken a reality check – in fact, it’s seemingly the opposite.
In our 3rd remote Delta edition of Tea with Tony, we hear his perspective, along with some strong statements about the Reserve Bank and interest rates from our favourite independent economist!
Key Moments:
00:00 – Introduction
01:03 – Key Moment: Kiwi’s just took a pay cut
02:06 – Key Moment: Key inflationary drivers
03:28 – Key Moment: Should the Reserve Bank have acted sooner?
05:13 – Key Moments: Risks / Will inflation continue to increase?
07:32 – Key moment: Interest rates – “they’re gonna put the hammer down”
09:36 – Key moment: Possible shift to Australia
11:08 – Key Moment: Slow-down vs recession
13:58 – Key Moment: Housing – “it’s going to flatten out”
14:35 – Key Moment: Auckland impacts
*Please note – Tony Alexander is an independent economist. His views are his own and not necessarily shared by NZHL or vice versa. Tea with Tony is brought to you by NZHL in a sponsored capacity.
