OCR up by 25 points
Reserve Bank has increased the OCR by 25 points to 5.50% to tackle the inflation.
Some of the lenders have increased the mortgage rates immediately.
The impact on mortgages, specially being reviewed in the next few months can have significant jump in the mortgage payment.
Connect with me if you have mortgages up for review in the next few months.
Here's Thursday's thinker!
I am lighter than air, but a hundred people cannot lift me. What am I?
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.
Want to stop seeing riddles 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.
Poll: Should drivers retake the theory test every 10 years?
Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?
Vote in the poll and share any road rules that you've seen bent! 😱
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47.9% Yes
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50.2% No
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1.9% Other - I'll share below
Device Repairs
I formally operated a small business from home as a device repairer in Nelson
I am looking to start operating here
If you need device repairs, such as mobiles, tablets, laptops and other devices. Feel free to contact me for a price
Also if you have old devices you want to keep out of the landfill and are happy for me to refurbish and on-sell let me know. As I do like to keep broken devices which I can repair available for others to purchase at an affordable price. As I think this promotes sustainably in this throw away culture
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