New Zealand Faces Retirement Preparedness Challenge: Soaring Inflation and Retirement Costs   Rising inflation has prompted New Zealand citizens to realize that preparing for retirement requires more than just relying on pensions; additional savings are imperative. According to the latest Retirement Expenditure Guidelines, the required retirement funds have increased even when excluding pensions, especially for…

Reserve Bank holds the official cash rate steady at 5.5 percent   Reserve Bank of New Zealand Holds Interest Rates Steady at 5.5% for Third Consecutive Time amid Economic Downturn and Elevated Inflation   The Reserve Bank of New Zealand (RBNZ) has decided to maintain the Official Cash Rate (OCR) at 5.5% on the 4th,…

Election Anticipation: Focus on Interest Rates and Economic Trends   With the election looming, attention turns to rates, policies, and petrol prices   As the election approaches, the focus of many individuals is honing in on current interest rates, policies, and petrol prices. This Wednesday afternoon, the decision on the official cash rate for the…