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2pm Wed 28 Feb, the RBNZ will unveil its eagerly awaited OCR decision, marking the first such announcement since 29 Nov 2023. What can we anticipate?
The RBNZ has adopted a hawkish stance, signaling potential rate hikes amidst concerns over domestic inflation - a sentiment echoed by ANZ's … View more2pm Wed 28 Feb, the RBNZ will unveil its eagerly awaited OCR decision, marking the first such announcement since 29 Nov 2023. What can we anticipate?
The RBNZ has adopted a hawkish stance, signaling potential rate hikes amidst concerns over domestic inflation - a sentiment echoed by ANZ's Chief Economist, NZ's largest bank.
Contrastingly, the majority of economists have taken a dovish position, cautioning against rate increases. They underscore the impacts of the successive rate hikes (+4.25%) over the past 2.5yrs and the softening underlying GDP, despite robust migration figures.
Adding to the complexity, our Prime Minister, Christopher Luxon, has characterized the nation's current state as "fragile."
Market sentiment have been oscillating. Wholesale market funding rates experienced a -1.16% decline from 4 Oct to 29 Dec 2023, (refer to 2yr swap rate graphic). However, since then, they have rebounded, increasing +0.57%. Concurrently, retail mortgage rates have seen some reduction but not to the same extent.
Market dynamics are influenced by a plethora of factors, including local and international data releases like employment figures, inflation rates, and GDP growth. Moreover, commentary from influential figures - sometimes referred to as "jawboning" - can significantly sway market sentiment.
Ultimately, the RBNZ holds the reins, but it's far from a predetermined outcome.
If you are seeking independent guidance on your refix, restructuring, or refinancing options, reach out to adviceHQ today.
#advicehq #RBNZ #ocr #interestrates #mortgagerates
Training and Communications Coordinator from Auckland North Community and Development Inc. (ANCAD)
We will be running an in-person, 4-hour ESSENTIAL FIRST AID workshop on March 8 in Glenfield. COST: $65.
COST: FREE for NOT-FOR-PROFIT groups/orgs in the Devonport Takapuna Local Board and Hibiscus and Bays Local Board areas (due to funding from these local boards).
For more information and … View moreWe will be running an in-person, 4-hour ESSENTIAL FIRST AID workshop on March 8 in Glenfield. COST: $65.
COST: FREE for NOT-FOR-PROFIT groups/orgs in the Devonport Takapuna Local Board and Hibiscus and Bays Local Board areas (due to funding from these local boards).
For more information and to register go to www.liift.nz...
John Gillon from John Gillon - Kaipatiki Local Board
The Kaipātiki Local Board is very pleased to announce that the Kaipātiki Local Park Management Plan has been adopted!
Six years in the making and over 480 pages long, this is a reserve management plan that covers all parks across the Kaipātiki Local Board area.
The plan provides policies that … View moreThe Kaipātiki Local Board is very pleased to announce that the Kaipātiki Local Park Management Plan has been adopted!
Six years in the making and over 480 pages long, this is a reserve management plan that covers all parks across the Kaipātiki Local Board area.
The plan provides policies that apply to all of our reserves, as well as individual maps and management intentions for every reserve.
Thankyou to everyone who submitted on the draft plan and presented to the hearing panel. The document will be available online soon.
Some of the changes introduced in this plan:
* All of our parks are now held as reserves under the Reserves Act 1977, and have been correctly classified as to their current purpose.
* Little Shoal Bay Reserve: Boat maintenance and haulage yard activities have been discontinued.
* Le Roys Bush Reserve: The bush area to the east of the carpark has been moved from Little Shoal Bay Reserve to Le Roys Bush Reserve, meaning that all of the bush is now part of Le Roys. This simplifies the boundary and makes policies, dog rules, etc, consistent.
* The Eskdale network of parks, and the Witheford network of parks will each become single reserves. We will consult on English and Te Reo names for each of them in due course.
* Søren G Christensen Reserve: A Beach Haven park that was supposed to be named after early settler Søren Christensen in 1997, has now been fulfilled (www.nzherald.co.nz...).
* All land parcels have been examined and legal boundaries have been corrected.
* Some reserve names have been simplified (eg, removed "place", "street", etc).
Rick from Hauraki
Please message Rick (Kiwi) neighbour to the child via this site
Suzi from Devonport
This machine is a magnetic resistance 8 kg machine - which means it doesn’t need to be plugged in. It’s a great way to get fit in your own home! I needed it for rehab when I had a huge leg injury- and now I’m back on my feet ready to give this machine a new home.
Bought from EzyLiving in S … View moreThis machine is a magnetic resistance 8 kg machine - which means it doesn’t need to be plugged in. It’s a great way to get fit in your own home! I needed it for rehab when I had a huge leg injury- and now I’m back on my feet ready to give this machine a new home.
Bought from EzyLiving in S Auckland off the show room floor, this machine is well put together and ready to go.
It’s heavy- so you’ll need 2 people to move it from my home in Devonport. Bought $680 new.
Price: $400
Hayley from Birkenhead
Unopened 1000 piece puzzles. $15 each or both for $25. Pick up in Birkenhead
Price: $15
The Team from NZ Compare
Feeling the Summer heat? Don't let your power bill skyrocket along with the temperatures!
Check out these 10 simple tips to keep cool and save money on your power bills this season.
Bert Sutcliffe Retirement Village
Watch out rats of the North Shore! Your time is up, thanks to two industrious residents from Ryman Healthcare’s Bert Sutcliffe Village.
The Village Workshop dream team Norris and Dick have been busy rustling up rat traps for their local conservation group, Pest Free Kapātiki (PFK) who will … View moreWatch out rats of the North Shore! Your time is up, thanks to two industrious residents from Ryman Healthcare’s Bert Sutcliffe Village.
The Village Workshop dream team Norris and Dick have been busy rustling up rat traps for their local conservation group, Pest Free Kapātiki (PFK) who will distribute the traps in reserves in the Birkenhead area.
The duo have got the production down to a fine art, and are ready to start on the next batch after PFK’s Senior Restoration Advisor Fiona Smal recently dropped off another load of fence palings.
“We are incredibly grateful to Norris and Dick for making both the rat traps and the awesome wētā hotels,” she said.
Click read more for the full story.
Hi neighbours,
Do you have a vehicle that is taking up space and becoming an eyesore? At AAA Auto Parts we dismantle and wreck cars. We will pay top cash whether your car is dead or alive!
* $300 - $3000 for small cars
* $700 - $10,000 for 4x4 utes, vans, 4WD, trucks and buses
* Same day … View moreHi neighbours,
Do you have a vehicle that is taking up space and becoming an eyesore? At AAA Auto Parts we dismantle and wreck cars. We will pay top cash whether your car is dead or alive!
* $300 - $3000 for small cars
* $700 - $10,000 for 4x4 utes, vans, 4WD, trucks and buses
* Same day removal
* Free quotes over the phone
We will beat any prices in the market by 10%.
Support your local business.
Give us a call on ** 0800 50 00 01 ** and we will be happy to have a chat.
Find out more
Bruce from Whole 9 Yards
We Specialise in Redesigning, Remodeling of Bathrooms and Kitchens. Interior and exterior walls, doors, windows, renewed, replaced, repositioned, in fact ‘Re’ anything.
Decks, Stairs, Balustrades, Exterior Ramps for ease of access...... Small jobs, medium jobs, we have over 70 years … View moreWe Specialise in Redesigning, Remodeling of Bathrooms and Kitchens. Interior and exterior walls, doors, windows, renewed, replaced, repositioned, in fact ‘Re’ anything.
Decks, Stairs, Balustrades, Exterior Ramps for ease of access...... Small jobs, medium jobs, we have over 70 years experience.
Kitchens.
Benchtop repairs
Cupboard door repairs
Plumbing leaks
Flooring upgrade
Bathrooms
Discoloured silicon
Leaking shower doors
Vanity repairs – replace
Shower repairs – replace
Bath repairs – replace
Flooring upgrade
Building Reports, for –
Peace of Mind - prepurchase
Lawyers
Bank Loan
Text or call Bruce 0212121480
Our website is being rebuilt at the moment.
It is down.
For only $15 a ticket, you could be in to win this brand-new, fully furnished Jennian home in Pegasus, Christchurch worth almost $1 million.
Featuring three bedrooms, two bathrooms and an open-plan kitchen, living and dining area, this home is waiting for its new owner.
Make this property … View moreFor only $15 a ticket, you could be in to win this brand-new, fully furnished Jennian home in Pegasus, Christchurch worth almost $1 million.
Featuring three bedrooms, two bathrooms and an open-plan kitchen, living and dining area, this home is waiting for its new owner.
Make this property your permanent residence, a holiday home, rent it or even sell it!
Don’t miss out! Get your tickets today at heartlottery.org.nz.
Find out more
There have been hundreds of wonderful entries in this year's Prospa Local Business Hero from across the country! If you haven't nominated a special local business yet, do it today.
- Got a great mechanic? Nominate them today.
- A barista who makes you smile? Nominate them today.
- … View moreThere have been hundreds of wonderful entries in this year's Prospa Local Business Hero from across the country! If you haven't nominated a special local business yet, do it today.
- Got a great mechanic? Nominate them today.
- A barista who makes you smile? Nominate them today.
- A reassuring pharmacy team? Nominate them today.
Make a small business' day today by nominating them as your Prospa Local Business Hero - and you could make their whole year (our national winner picks up an incredible $10,000 prize package!)
Nominate now
Darrell from Northcote
Does anyone have an excess of lemons on their tree and can spare a bag. We have one lemon juiced in warm water first thing in the morning for good health.
Thanks
Darrell
021 99 88 95
Bruce from Whole 9 Yards
We Specialise in Redesigning, Remodeling of Bathrooms and Kitchens. Interior and exterior walls, doors, windows, renewed, replaced, repositioned, in fact ‘Re’ anything.
Decks, Stairs, Balustrades, Exterior Ramps for ease of access...... Small jobs, medium jobs, we have over 70 years … View moreWe Specialise in Redesigning, Remodeling of Bathrooms and Kitchens. Interior and exterior walls, doors, windows, renewed, replaced, repositioned, in fact ‘Re’ anything.
Decks, Stairs, Balustrades, Exterior Ramps for ease of access...... Small jobs, medium jobs, we have over 70 years experience.
Kitchens.
Benchtop repairs
Cupboard door repairs
Plumbing leaks
Flooring upgrade
Bathrooms
Discoloured silicon
Leaking shower doors
Vanity repairs – replace
Shower repairs – replace
Bath repairs – replace
Flooring upgrade
Building Reports, for –
Peace of Mind - prepurchase
Lawyers
Bank Loan
Text or call Bruce 0212121480
Our website is being rebuilt at the moment.
It is down.
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