January 2025 Market Update🦜
January 6, 2025
Interest Rate TrendThe Reserve Bank of New Zealand (RBNZ) in November 24 reduced the Official Cash Rate (OCR) by 0.50%, bringing it down to 4.25%. This reduction is part of a series of cuts aimed at stabilizing the economy. As a result, mortgage rates have also decreased, wi...
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October OCR Cut. What happened?
October 15, 2024
OCR Cut: The Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) by 50 basis points (0.5%) to 4.75%.Policy Statement: The RBNZ’s decision was data-dependent, with the next review scheduled for November 27.Economic Conditions: Domestic economic activity is w...
How to Access KiwiSaver for 1st Home Purchase
September 24, 2024
Cash Out Clause Explained
June 24, 2024
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