“Higher rates are squeezing everyone”: Edgar on the 15-year rate high

The Reserve Bank has lifted the cash rate by 0.25 percentage points to 4.60% — its highest level in 15 years. Edgar says the decision risks putting further pressure on buyers, renters, small businesses and the wider economy. The Reserve Bank’s latest decision takes the cash rate to 4.60%, effective 30 September 2026. The Bank [...]