π RBNZ OCR Decision 2pm Wednesday: What Can We Expect?π
Markets have spoken! The 2yr swap rate (bank wholesale funding rate) has dropped to Sep 2022 levels (4.19%), down 1.6% from the peak on 4 Oct 2023 (5.79%).
The latest inflation and unemployment statistics have left the door wide open for OCR cut/s. The only unknown variable is the RBNZ itself, the organization tasked with "protecting and promoting the stability of New Zealandβs financial system."
At adviceHQ, we assist clients in both increasing and decreasing rate environments. Contact us for independent financial advice on your mortgage refix, restructure, or refinance.
#advicehq #RBNZ #ocr #financialadvice #mortgages #interestrates
Todayβs Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? πππ²
I dance in the sky with green and gold, a spectacle few are lucky to behold; Iβm best seen in the south, a celestial sightβwhat am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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Poll: ποΈ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
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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84.8% Same!
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15.2% Would have liked to try something different
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