Hundreds of thousands
of older New Zealanders, after a lifetime of saving for retirement, were
astonished recently to find those savings may be under real threat.
The Governor of the Reserve Bank of New Zealand has made it abundantly clear that both RBNZ and Treasury are actively developing contingency plans for a negative interest regime.
The Governor of the Reserve Bank of New Zealand has made it abundantly clear that both RBNZ and Treasury are actively developing contingency plans for a negative interest regime.