Posts by adviceHQ
121 days ago

RBNZ Cuts the OCR – What It Means for Borrowers

Financial Adviser, Director from adviceHQ

"On Wednesday 20 August, the Committee voted on the options of either reducing the OCR by 25 basis points or reducing the OCR by 50 basis points. By a majority of 4 votes to 2, the Committee agreed to decrease the OCR by 25 basis points to 3 percent."

"Further data on the speed of New Zealand’s economic recovery will influence the future path of the OCR. If medium-term inflation pressures continue to ease as expected, there is scope to lower the OCR further."

Notably, the terminal OCR forecast has shifted lower – from 2.85% in Q1 2026 to 2.55%, a 0.30% drop since the last Monetary Policy Statement.

Markets reacted with the 1-year swap rate falling 0.25%, signalling expectations of further easing.

This leaves the door open for retail banks to trim fixed mortgage rates in the coming weeks.

With 50% of borrowers due to refix this year, this could mean some welcome relief on mortgage repayments as the year progresses.

👉 If you’re coming up for refix or want to review your mortgage strategy, now’s the time to start the conversation. Call adviceHQ today.

#adviceHQ #RBNZ #ocr

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More messages from your neighbours
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?
  • 82.3% Same!
    82.3% Complete
  • 17.7% Would have liked to try something different
    17.7% Complete
164 votes
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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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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