Each week, BusinessDesk and the NZ Herald’s Cooking the Books podcast tackle a different money problem. Today, it’s why interest rates have changed the favoured investment types. Hosted by Frances Cook.
Interest rates have rocketed up both in New Zealand and around the world, and it’s safe to say it’s changed the maths for a lot of investors.
While savings accounts, term deposits and bonds were all a bit miserable for a while there, now they’re making more money.
You may well be watching this trend and thinking, ‘Hmm, I’d like to dabble’.