73 days ago

RBNZ PURPOSE & OBJECTIVES & OCR

Financial Adviser, Director from adviceHQ

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

More messages from your neighbours
3 days ago

Neighbourhood Challenge: Who Can Crack This One? ⛓️‍💥❔

The Riddler from The Neighbourly Riddler

What has a head but no brain?

Do you think you know the answer? Simply 'Like' this post if you know the answer and the big reveal will be posted in the comments at 2pm on the day!

Want to stop seeing these in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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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
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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