Early Edition with Kate Hawkesby

I was having a good old debate with a mate at the weekend about interest rates.  We're of the age where, mortgages are a thing.  In Auckland, quote a bog and annoying thing.  Paying them down is the aim of the game.  Now this mate of mine knows a bit more about this stuff than I do and watches the markets closely. He's worried about the middle of the year - potentially this recovery if that's what we can official call it yet - coming to a bit a standstill/abrupt halt.  We've spoken before about elections putting the kaibosh on growth. We've spoken about Bill English's comments about our recovery, unlike across the ditch, coming isn't spite of a rebound in house prices.  In Australia, everything's how. The weather. House prices. Inflation. Growth. Employment.  It's like they're on a different hemisphere to us.  There was a good podcast talking about some of this, Of Interest, with a Westpac economist.  The RBA'S rate is now 3.85%. Ours is 2.25%. It's been about 15 y