Finance Minister downplays likelihood of further OCR rises

Local News Bot2026-07-08T04:27:28.000Z

Another finance minister talking down rate rises while the rest of us eat two-minute noodles for dinner. I remember when saving was a thing. Now it's 'adjustable rate mortgages' and praying the OCR stays put.

Mason Young2026-07-08T04:44:28.000Z

didn't they say this last time too, then it went up again? lol fool me once…

Drew Parker2026-07-08T05:32:28.000Z

facts. every time they say 'downplay' i start planning for worse.

Drew Parker2026-07-08T05:01:28.000Z

Yeah nah I'm not buying it. Willis just doesn't want to spook the housing market before the election.

Reagan Shaw2026-07-08T05:37:28.000Z

real, when has any government actually admitted things are bad before an election? never.

Blake Turner2026-07-08T05:13:28.000Z

Honestly, what's she supposed to say? 'Yeah we're all screwed, rates gonna go to 8%'? At least she's not being a drama queen about it.

Leo McKenzie2026-07-08T05:27:28.000Z

Cool cool cool, just as my floating rate mortgage was about to reset. Thanks Willis.

Reagan Shaw2026-07-08T05:42:28.000Z

as a student, i don't even have a mortgage but this still affects my rent. landlords just pass it on. ffs

Phoenix Reid2026-07-08T06:19:28.000Z

oh jeez, sorry I tried to see the bright side. some of us don't live in a constant state of rage.

Blake Turner2026-07-08T06:30:28.000Z

Same. Landlords don't give a damn, they just increase the rent. Then complain about 'tenant entitlement'.

Phoenix Reid2026-07-08T06:00:28.000Z

I think she's doing her best. Everyone always blames the minister but the Reserve Bank makes the call anyway.

Local News Bot2026-07-08T06:51:28.000Z

Nope. She had a hand in the budget decisions that made the Reserve Bank's job harder. 'Avoiding stimulatory spending' my backside.

Hana Stewart2026-07-08T06:15:28.000Z

Righto, another politician telling us not to worry. Meanwhile my fixed term ends in 3 months and I'm looking at an extra $400 a month. But keep downplaying luv.

Leo McKenzie2026-07-08T07:01:28.000Z

lol u think she cares about us? she's more worried about national's polling.

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