Economist on concerns over rising asset prices

Author
Newstalk ZB,
Publish Date
Fri, 5 Mar 2021, 1:05PM
Photo / File
Photo / File

Economist on concerns over rising asset prices

Author
Newstalk ZB,
Publish Date
Fri, 5 Mar 2021, 1:05PM

Have we become worry free with the assets we are buying?

Reserve Bank Governor Adrian Orr says we should be worried about rising asset prices on the back of low interest rates.

He also says there are some big global equity to earnings question marks.

It comes as ASB tells us more and more customers over the last couple of months are struggling to make payments.

Economist Cameron Bagrie joined Mike Hosking to share his thoughts on the issue.

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