OCR update: What it means for term deposits and mortgages

ASB Investment Podcast
09/10/2025 31 min
OCR update: What it means for term deposits and mortgages

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Episode Synopsis

Nigel Grant (Head of Wealth Products, ASB) is joined by friend of the podcast Chris Tennent-Brown (Senior Economist, ASB) to unpack the Reserve Bank’s latest OCR decision. Together, they break down how changes to the OCR influence mortgage and term deposit rates, why rates don’t always move in step, and what it all means for your financial strategy in today’s changing rate environment.

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