Nick Goodall

what it what it entails um but yeah but i do think that you know ultimately what does it mean for you and i for mortgage holders yeah look it is it's it's really locking in we're not going to see another ocr cut these mortgage interest rates i'd be very surprised if they fall much further if any further at all and it's just about you know how they start to inch further up and that's where those banks are definitely doing some not quite guessing games but educated guessing games on

what are the impacts that are going to throw the interest rates up and down longer term?

Is it the international conflicts?

Is it the election?

Is it what's happening here in New Zealand?

How's the economy looking?

Where can they really squeeze out some margins in those 6, 12, 24 longer term rates?

That's where I think now we're getting quite interesting, but I think it's pretty

you know we can really ultimately say off the back of this that you know it's very unlikely these these rates fall much further down and so then you've got to start considering you know what does it mean for your personal situation if you are taking a six and it's not going to be much lower in six months time do you start to look a little bit longer and then where's your comfort level for looking at those longer term rates too so yeah look i think it's a really important and interesting chat there's probably too much detail in there for many people but hopefully you'd like to see we've also wrapped up you know how to relate that back to your personal situation

Finish off with any other inflation chat if you've got any more.

Otherwise, there was a couple of economic releases, which is probably worth just touching on in terms of, you know, again, firming up those positive recent data sets for seeing some growth come back in the economy.

And then we can look at the cotality release last week being the chart pack.

But Jenny, any other way you want to wrap up the economic side of things?

Yeah, absolutely.

I think we'll wait for, you know, we'll get some official numbers at some stage too, and that'll be important.

But, yeah, we'll take you for a little positive sign for the economy, I think.

And, you know, any turnaround's a good turnaround, so we'll put it upwards anyway.

So we'll take that.

But let's move on then to the Koteli release last week.

It was our chart pack.