3 OCR hikes predicted by the end of the year

Author
Newstalk ZB,
Publish Date
Thu, 5 Aug 2021, 7:13AM
(Photo / Getty Images)
(Photo / Getty Images)

3 OCR hikes predicted by the end of the year

Author
Newstalk ZB,
Publish Date
Thu, 5 Aug 2021, 7:13AM

ANZ is predicting 3 OCR hikes by the end of the year, and 5 by this time next year.

This is off the back of our unemployment rate dropping from 4.7 per cent to 4 per cent yesterday.

Rival Wealth financial advisor Tim Fairbrother says we should make as many payments as we can now, whether it be lump sums or 20 dollars a week.

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