Shamubeel Eaqub

Shamubeel Eaqub

economist New Zealand

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 New Zealand: Simplicity chief economist Shamubeel Eaqub said there are 'signs of stabilisation' despite rising unemployment and falling immigration. 6

The New Zealand Herald – country’s largest newspaper, est. 1863: Kiwi earning $34k more in Australia says New Zealand’s economic woes sad to watch

New Zealand New Zealand: Economist Shamubeel Eaqub said the hospitality sector had been among the hardest hit during New Zealand’s prolonged recession. 5

The New Zealand Herald – country’s largest newspaper, est. 1863: Auckland’s yum cha restaurants running out of steam

New Zealand New Zealand: Shamubeel Eaqub, chief economist at KiwiSaver provider Simplicity, said there could be bumpiness ahead for households. 6

The New Zealand Herald – country’s largest newspaper, est. 1863: NZ economy at risk as Middle East tensions rise, affecting oil and KiwiSaver

New Zealand New Zealand: Simplicity chief economist Shamubeel Eaqub agreed financial wealth had increased - boosted by growing KiwiSaver balances. 7

The New Zealand Herald – country’s largest newspaper, est. 1863: NZ’s richest people got wealthier in the past year. Did you?