RBNZ PURPOSE & OBJECTIVES & OCR
As the RBNZ prepares to announce its OCR decision at 2pm today, it’s worth reflecting on its stated purpose and objectives from the latest Annual Report:
PURPOSE
“We work to enable economic wellbeing and prosperity for New Zealanders.”
OBJECTIVES
1️⃣ Economic Objective — Achieving and maintaining price stability over the medium term ❌
2️⃣ Financial Stability Objective — Protecting and promoting the stability of New Zealand’s financial system ❌
3️⃣ Central Bank Objective — Acting as New Zealand’s central bank❓
By the time the new RBNZ Governor takes office on 1 December, the dust may have settled on today’s rate decision.
The bigger question is whether the path ahead restores confidence in the Bank’s direction.
#RBNZ #OCR #mortgagerates #adviceHQ
Night-time roadworks on SH16
From 23 November to 17 December, stop/go traffic management will be in several locations on SH16 between Mabbett Lane and Restall Road (Sundays to Thursdays, 9pm to 5am).
Works will include chipsealing and stormwater improvements. There may be delays to your journey when travelling through the area. Click to find out more.
NZCCM Massage and English Programmes
The New Zealand College of Chinese Medicine (NZCCM) offers industry-focused Massage and English programmes that prepare students for professional practice.
Students gain strong Anatomy and Physiology knowledge, hands-on experience in the student clinic, and pathways into health and wellbeing careers. NZCCM actively incorporates tikanga Māori and Te Ao Māori, partnering with local marae for cultural learning and community treatments.
As Auckland’s only provider of Massage diplomas, NZCCM is enrolling now for February 2026 Programmes include the Level 5 Wellness and Relaxation Massage Diploma and the Level 6 Remedial Massage Diploma, both NZQA-approved with intensive block courses. NZCCM also offers NZCEL Level 4 for academic English preparation.
Open Days will be held on 12 December and 23 January.
Contact: 09 580 2376 or auck@chinesemedicine.ac.nz
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Poll: Should we be giving the green light to new mining projects? 💰🌲
The Environmental Protection Authority announced this week that a proposed mine in Central Otago (near Cromwell) is about to enter its fast-track assessment process. A final decision could come within six months, and if it’s approved, construction might start as early as mid-2026.
We want to know: Should mining projects like this move ahead?
Keen to dig deeper? Mike White has the scoop.
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53.1% Yes
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46.9% No
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