๐ RBNZ OCR Decision 2pm Wednesday: What Can We Expect?๐
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 Zealandโs 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
Poll: Are Kiwis allergic to โexuberanceโ? ๐ฅ
In The Postโs opinion piece on the developments set to open across Aotearoa in 2026, John Coop suggests that, as a nation, weโre โallergic to exuberance.โ
We want to know: Are we really allergic to showing our excitement?
Is it time to lean into a more optimistic view of the place we call home? As big projects take shape and new opportunities emerge, perhaps itโs worth asking whether a little more confidence (and enthusiasm!) could do us some good.
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41.4% Yes
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32.3% Maybe?
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26.3% No
Brain Teaser of the Day ๐ง โจ Can You Solve It? ๐ค๐ฌ
How many balls of string does it take to reach the moon?
(Peter from Carterton kindly provided this head-scratcher ... thanks, Peter!)
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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