Posts by adviceHQ
58 days ago

📰 adviceHQ Economic Update 📰

Financial Adviser, Director from adviceHQ

❌ Unemployment: +0.6% this yr, +1.3% vs June 2022.
❌ Building Consents: -4% in June 2024 qtr, -35% vs June 2022 qtr.
❌ GDP: -0.2% in June 2024 qtr, a 2yr per capita recession.
✅ Inflation: 3.3% and falling, just 0.3% above the target range.
✅ RBNZ OCR: 5.25% and expected to decline.

The NZ economy remains finely balanced, with the delayed effects of the recession still unfolding. Meanwhile, regulators are beginning to respond to these conditions. Today, the US Federal Reserve provided firm direction by cutting rates by 0.5%. Will the RBNZ follow suit and provide similar relief?

If you're concerned about how this may impact your financial position, adviceHQ provides independent financial advice on mortgages, insurance, KiwiSaver, and business/commercial lending. Feel free to reach out to Ben Presling, Michael Williams, or myself to review your current strategy and explore future options.

#advicehq #independentfinancialadvice #EconomicUpdate #inflation #unemployment #buildingconsents #OCR

More messages from your neighbours
4 days ago

Poll: Do you think NZ should ban social media for youth?

The Team from Neighbourly.co.nz

The Australian Prime Minister has expressed plans to ban social media use for children.

This would make it illegal for under 16-year-olds to have accounts on platforms including TikTok, Instagram, Facebook and X.
Social media platforms would be tasked with ensuring children have no access (under-age children and their parents wouldn’t be penalised for breaching the age limit)
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Do you think NZ should follow suit? Vote in our poll and share your thoughts below.

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Do you think NZ should ban social media for youth?
  • 85.5% Yes
    85.5% Complete
  • 13.4% No
    13.4% Complete
  • 1.2% Other - I'll share below
    1.2% Complete
1980 votes
3 days ago

What's your favourite recipe for courgettes?

Mei Leng Wong Reporter from NZ Gardener & Get Growing

Kia ora neighbours. If you've got a family recipe for courgettes, we'd love to see it and maybe publish it in our magazine. Send your recipe to mailbox@nzgardener.co.nz, and if we use it in the mag, you will receive a free copy of our January 2025 issue.

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19 hours ago

Need Event Medical Cover?

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