Shamubeel Eaqub
Shamubeel Eaqub is the chief economist at Simplicity, a New Zealand-based investment management company. He is known for his expertise in economic analysis and commentary on the banking sector. Recently, Eaqub has been vocal about the competitive dynamics of New Zealand's mortgage market, questioning the high margins banks are charging and the implications for consumers. He emphasizes that the current lack of competition among banks could be driving these margins higher, which has become a focal point in discussions about interest rates and lending practices in the country.
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Recent Mentions
New Zealand:
Shamubeel Eaqub has noted the role of the Bank of Mum and Dad in driving a wedge between homeowners and renters.
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New Zealand:
Simplicity chief economist Shamubeel Eaqub described it as a 'sad state of affairs'.
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United Kingdom:
Shamubeel Eaqub is the chief economist at Simplicity and discusses the impact of economic downturns on young people.
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New Zealand:
Shamubeel Eaqub highlights the difficulties self-employed individuals face in saving for retirement.
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New Zealand:
Shamubeel Eaqub criticized the assumptions made in TikTok's economic impact report.
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New Zealand:
Shamubeel Eaqub is a chief economist who commented on TikTok's economic impact report.
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New Zealand:
Shamubeel Eaqub argues that means testing for New Zealand Super is straightforward and necessary.
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New Zealand:
Shamubeel Eaqub is the chief economist at Simplicity and provides insights on mortgage rates and housing affordability.
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United Kingdom:
Shamubeel Eaqub is an economist who co-authored a report on social cohesion in New Zealand, warning that the society is becoming 'fractured'.
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New Zealand:
Simplicity chief economist Shamubeel Eaqub said the cost of being a student had increased significantly.
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