CB Accounting

The current inflation sits at 3% as announced today. This is bit high but within the limits though . There is an announcement due on OCR in November . It was expected to have a 25 basis points cut but these number could play a vital role in that. The currentOCR is 2.5%.

Consumers price index (CPI) | Stats NZ Find the latest household inflation figures for NZ, as measured by the consumers price index (CPI).

OCR Reduced to 3%

https://www.stats.govt.nz/indicators/unemployment-rate/
The latest unemployment sits at 5.2% . This is quite high . The government needs to take some actions by creating a stimulus and flowing the money in the economy to keep the unemployment rate low. So the probability of OCR going down to 2.5% could be likely.

Unemployment rate | Stats NZ Find out the official unemployment rate for New Zealand.

Due to current tariff war the share market has become very uncertain. So people are keen on investing in stable stocks. Gold investment has been considered as one of the safest. This has lead to rapid increases in gold prices. This may contribute until things will settle down. So it might be a good time for gold investment.

The inflation numbers are out today which is 2.5%. Its still under the target range of RBNZ of 3%. But RBNZ will take a cautious approach while deciding the interest rates cut as they need to factor the current tariff chaos going on as that will also result in inflation. So there might rates cut but at slow pace and might don’t go under 3% at this stage.

Consumers price index (CPI) | Stats NZ Find the latest household inflation figures for NZ, as measured by the consumers price index (CPI).

We are committed to file all the accounts on time. So if your accounts are with CB accounting then they are in safe hands.

If you owe money to IRD , it may go to collections agencies like Baycorp.

Inland Revenue calls in debt collector Baycorp in crackdown If you owe money to Inland Revenue, you might soon be contacted by Baycorp, chasing it.

Reserve bank made a 25 basis points cut today in its benchmark rates bringing the OCR to 3.5%. It was suggested a 50 basis points but amid the trade tensions, it has took a cautious approach. The proposed tariffs would be inflationary.

Reserve bank has just announced a 25 basis cut in its benchmark rates bringing it down to 3.5%. So you can calculate and bargain a good deal while refinancing next time with your respective banks.