Posts by adviceHQ
72 days ago

RBNZ OCR Cut: What will the banks pass on?

Financial Adviser, Director from adviceHQ

The Reserve Bank cut the OCR by 0.50% in a (late) bid to support households and businesses. The key question now: what will the banks pass on?

Most lenders review and adjust their fixed rates on Monday or Tuesday, so we may have to wait and see what next week brings.

Banks are quick to pass on changes to floating rates, but tend to be more considered when it comes to fixed rates, where the majority of Kiwis hold their mortgages. While some lenders had already started trimming rates ahead of the OCR decision, the 2yr swap rate has fallen 0.56% since the last OCR decision in August — suggesting there’s still room to move.

The next question: what does the future hold?

“The Committee remains open to further reductions in the OCR as required for inflation to settle sustainably near the 2 percent target mid-point in the medium term.” — RBNZ Monetary Policy Statement, October 2025

If you’re coming up for refixing or considering a restructure/refinance, now’s the time to review your options.

Independent financial advice with adviceHQ

#RBNZ #ocr #mortgagerates #independentfinancialadvice #AdviceHQ

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More messages from your neighbours
26 days ago

Some Choice News!

Kia pai from Sharing the Good Stuff

Many New Zealand gardens aren’t seeing as many monarch butterflies fluttering around their swan plants and flower beds these days — the hungry Asian paper wasp has been taking its toll.

Thanks to people like Alan Baldick, who’s made it his mission to protect the monarch, his neighbours still get to enjoy these beautiful butterflies in their own backyards.

Thinking about planting something to invite more butterflies, bees, and birds into your garden?

Thanks for your mahi, Alan! We hope this brings a smile!

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1 day ago

Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?

The Team from Neighbourly.co.nz

Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.

We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?

Keen for the details? Read up about the scrapped collection trial here.

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🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
  • 82.5% Same!
    82.5% Complete
  • 17.5% Would have liked to try something different
    17.5% Complete
189 votes
4 days ago

Scam Alert: Fake information regarding December Bonuses from MSD

The Team from Neighbourly.co.nz

The Ministry of Social Development is reporting that fake information is circulating about new ‘December bonuses’ or ‘benefit increases’

If you get suspicious communication, please contact Netsafe.

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