547 days ago

πŸ”” RBNZ OCR Decision 2pm Wednesday: What Can We Expect?πŸ””

Financial Adviser, Director from adviceHQ

Markets have spoken! The 2yr swap rate (bank wholesale funding rate) has dropped to Sep 2022 levels (4.19%), down 1.6% from the peak on 4 Oct 2023 (5.79%).

The latest inflation and unemployment statistics have left the door wide open for OCR cut/s. The only unknown variable is the RBNZ itself, the organization tasked with "protecting and promoting the stability of New Zealand’s financial system."

At adviceHQ, we assist clients in both increasing and decreasing rate environments. Contact us for independent financial advice on your mortgage refix, restructure, or refinance.

#advicehq #RBNZ #ocr #financialadvice #mortgages #interestrates

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More messages from your neighbours
15 hours ago

Poll: Should the government levy industries that contribute to financial hardship?

The Team from Neighbourly.co.nz

As reported in the Post, there’s a $30 million funding gap in financial mentoring. This has led to services closing and mentors stepping in unpaid just to keep helping people in need πŸͺ™πŸ’°πŸͺ™

One proposed solution? Small levies on industries that profit from financial hardship β€” like banks, casinos, and similar companies.

So we want to hear what you think:
Should the government ask these industries to contribute?

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Should the government levy industries that contribute to financial hardship?
  • 58.4% Yes, supporting people is important!
    58.4% Complete
  • 25.8% No, individuals should take responsibility
    25.8% Complete
  • 15.8% ... It is complicated
    15.8% Complete
221 votes
1 day ago

A Neighbourly Riddle! Don’t Overthink It… Or Do?😜

The Riddler from The Neighbourly Riddler

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

If you multiply this number by any other number, the answer will always be the same. What number is this?

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24 days ago

Poll: As a customer, what do you think about automation?

The Team from Neighbourly.co.nz

The Press investigates the growing reliance on your unpaid labour.

Automation (or the β€œunpaid shift”) is often described as efficient ... but it tends to benefit employers more than consumers.

We want to know: What do you think about automation?
Are you for, or against?

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As a customer, what do you think about automation?
  • 9.7% For. Self-service is less frustrating and convenient.
    9.7% Complete
  • 43.2% I want to be able to choose.
    43.2% Complete
  • 47.1% Against. I want to deal with people.
    47.1% Complete
2598 votes