term deposits plummeting
This week BNZ, Kiwibank and Rabobank have cut term deposit rates
https://www.interest.co.nz/personal-...d-3-offer-only
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term deposits plummeting
This week BNZ, Kiwibank and Rabobank have cut term deposit rates
https://www.interest.co.nz/personal-...d-3-offer-only
With the loss by the all blacks last night i think a rate cut in november must be a near certainty dont you think. the link between big sporting effects and the depressive feeling following a loss in a major sporting event usually leads to a decline in economic gdp in the near term.
And true to form, not a word yet from the hijab* wearing hypocritical one regarding the ABs loss to England.
compare and contrast how quickly she tried to insert herself into the win against Ireland last week - https://www.stuff.co.nz/sport/rugby/...oodhues-mullet
"After the All Blacks' 46-14 thrashing of Ireland in the quarterfinal, Prime Minister Jacinda Ardern weighed in on mullet-gate, throwing her support behind the contentious hairstyle. "And that's a brilliant win ... for the All Blacks and mullets everywhere," she wrote on Instagram with a photo of Goodhue after the game."
As you wrote elsewhere, W69 - she probably will state that the ABs were playing as Independents :t_down: after her highly tax-payer paid PR team have mulled the implications through.
* Hijab - symbol of oppression of females in many Muslim countries
The wobbles of last week from the Tiwai smelter bomb thrown into the NZX, and particularly the power companies is only the beginning. Tuesday will be the day of the 'Kieren Reid Krash' on the NZX50, with up to all the years gains being wiped out. Not only has the rugby world cup gone, the entire NZ economy will be wrecked. And if that correlation between high milk prices and RWC success is to be maintained, a portent of doom has been fired off to our dairy farmers as well. Forget playing any more. Kieren Reid would be advised to stay in Japan and become a Buddhist monk IMO. It is probably his only hope of salvation.
SNOOPY
Hey snoopy why not tell us how you really feel.
is it true that the All Blacks losing a World Cup means the end of a government?
There has been some research done on this, most notably by Reserve Bank Governor Adrian Orr in 1996 when he was a merely a jobbing National Bank economist.
https://www.stuff.co.nz/national/pol...ock-for-labour
very good article on the immigration rort ongoing in NZ
The dirty little secret in New Zealand's migration debate
https://www.stuff.co.nz/business/opi...gration-debate
NZX50 hits a record, and I wonder how much is due to inflows of freed up cash from landlords selling up.