Wayne Collier - Mike Pero Mortgages

Wayne Collier - Mike Pero Mortgages I hold a Bachelor of Business Studies degree majoring in Finance and a National Certificate in Financial Services, Financial Advice Level 5. Call me.

Over 20 years experience, in excess of $200,000,000 in lending settled for New Zealand Home Owners.

A major bank has just dropped an amazing deal. Get 1.5% cash back — up to $30,000! ✅ New loan over $200K ✅ At least 20% ...
17/11/2025

A major bank has just dropped an amazing deal. Get 1.5% cash back — up to $30,000!
✅ New loan over $200K
✅ At least 20% equity
✅ Approved & documented by 16 Dec 2025
Lending criteria, T&Cs & fees apply.
Contact us today.

Reserve Bank cuts OCR to 2.5%What you need to know The Reserve Bank has cut the Official Cash Rate by 50 basis points...
08/10/2025

Reserve Bank cuts OCR to 2.5%

What you need to know

The Reserve Bank has cut the Official Cash Rate by 50 basis points to 2.5%.
In recent weeks, there has been bad news for the economy, with a negative GDP result of -0.9% growth for the last quarter.
The grim economic conditions fuelled speculation the RBNZ would have to cut the OCR more aggressively to provide stimulus. Economists and banks were divided on whether the RBNZ would cut by 25 basis points or 50. It opted for the latter.
Finance Minister Nicola Willis welcomed the move, saying the flow-on to lower interest rates would mean "more relief for families and businesses".
The latest update comes against a backdrop of change at the Reserve Bank following the recent announcement of the new governor.
https://www.tickaroo.com/e/GdHF9voB6zixX88i

https://www.rbnz.govt.nz/hub/news/2025/10/ocr-reduced-to-2-5-percent

Monetary Policy Review media release and the MPC’s Record of Meeting, which summarises the committee's discussions, leading to the decision.

28/05/2025
Further reduction in OCR appropriate
09/04/2025

Further reduction in OCR appropriate

Monetary Policy Review media release and the MPC’s Record of Meeting, which summarises the committee's discussions, leading to the decision.

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