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"The fact is that the New Zealand economy has now been stagnating longer than one standard business cycle. The expectation is that it will continue to do so."

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"If something goes wrong and we DON'T see mortgage rate cuts within the next 12 months, there's going to be some disappointed people out there."

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standard variable

BNZ lowers variable mortgage rates

BNZ lowers variable mortgage rates again

17th Sep 09, 3:55pm

by David Chaston

BNZ lowers variable mortgage rates again

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