deal by deal
5.95%
Follow Mike on Linkedin

Race to the Bottom

Which New Zealand Bank has won the race to the bottom? Or is there yet another lap to go? Rate cut for market share policies blaze away. Industry commentators point the finger at loose credit policies and see them as a major factor in residential house price inflation. The tactical genius of the banks’ back room creative teams are simply breathtaking and worthy of a podium place or at least a recognition award…Like a spoon made of wood !