RBA makes its move – will the RBNZ follow?
The Reserve Bank of Australia has cut its cash rate by 0.25% to 3.6%. The RBNZ followed the RBA last round, and with economic momentum flatlining and unemployment above 5%, there’s a strong chance they could do the same.
NZ retail banks are already ahead of the curve, trimming fixed mortgage rates. The 2-year swap rate has also dropped 10bps in the past week, signalling the market’s expectations.
If you’re coming up for a refix or considering restructuring your mortgage, now’s the time to review your options.
#RBNZ #RBA #interestrates #mortgagerates #independentfinancialadvice #adviceHQ
Poll: 🗑️ 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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85% Same!
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15% Would have liked to try something different
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