🔔 RBNZ OCR Decision 2pm Wednesday: What Can We Expect?🔔
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 Zealand’s 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
Poll: Is the increase in disability parking fines fair?
In October, the fine for parking in a designated mobility car park without a permit has jumped from $150 to $750—a 400% increase!
The goal is to keep these spaces open for those who truly need them. Do you think this big increase in the fine is fair? Share your thoughts below.
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88.5% Yes, it's fair
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10.8% No, it's unreasonable
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0.7% Other - I'll share below
Can You Handle Today’s Mind-Boggling Riddle?
David's father has three sons: Snap, Crackle, and _____?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
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The fabulous story of "THE NORMANS IN SICILY"
Cari Amici (Dear Friends),
Please attend my year last speech regarding an unknown stupefying event that is a paradigm for today troubled world.
Please read the attached poster.
See you there.
Ciao,
Giuseppe Gallina
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