The Adviser Talk

Elections, COVID's back and negative interest rates


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Investing during an election year can be tough on the nerves and 2020 promises to be no different. By now, most people are aware that our world – especially the situation with COVID-19 pandemic – is changing and developing lightning fast. In its latest interest rate decision on 12th August, the Reserve Bank of New Zealand maintained its official cash rate at 0.25 per cent but also raised the possibility of going into negative territory as the country faces the severe economic impact caused by the pandemic.

The information provided, or any opinions expressed in this show, are of a general nature only and should not be construed or relied on as a recommendation to invest in a financial product or class of financial products. You should seek financial advice specific to your circumstances from an Authorised Financial Adviser before making any financial decisions. A disclosure statement can be obtained free of charge by calling 0800 878 961 or visiting our website, www.stewartgroup.co.nz


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The Adviser TalkBy by Stewart Group


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