Politics 🗳️ NZ Politics

[John Nick]

Why? Do we not have enough water? Is it to expensive? Is it not clean?

My tap water seems ok

Ongoing problems with the Council and the decision making has upset a lot of people

 

[wizard of Tauranga]

Ongoing problems with the Council and the decision making has upset a lot of people

Tauranga seems to consistently not do what the people want.

Every local council seems like a bunch of muppets that’s not answerable to the people like national politics. I try to stay out of it.

 

[John Nick]

Tauranga seems to consistently not do what the people want.

Every local council seems like a bunch of muppets that’s not answerable to the people like national politics. I try to stay out of it.

All over social media this week.
I doubt he would have gotten the gig if it wasn't for his sporting profile.

 

[Mr. Brownstone]

The shift in direction from the Reserve Bank yesterday is quite significant I reckon. A lot of chat today that we could once again go down the path of over-stimulating the economy. Remember a heap of mortgage holders still to come off much higher fixed rates. Consumer already starting to slowly improve however clearly the RB want to kickstart the housing market. All good timing for the incumbent government.

 

[miket12]

The shift in direction from the Reserve Bank yesterday is quite significant I reckon. A lot of chat today that we could once again go down the path of over-stimulating the economy. Remember a heap of mortgage holders still to come off much higher fixed rates. Consumer already starting to slowly improve however clearly the RB want to kickstart the housing market. All good timing for the incumbent government.

If you were on a two year loan in Q3 of 2023 at 8.56% that had just come of term and you re-fixed your $500,000 loan at 4.75% at Wespac, your mortgage repayments for the next two years just dropped down by just over $19K each year. That's a pretty significant saving.... but personally, I'd try to keep the repayments the same to pay the loan down sooner.

 

[Mr. Brownstone]

If you were on a two year loan in Q3 of 2023 at 8.56% that had just come of term and you re-fixed your $500,000 loan at 4.75% at Wespac, your mortgage repayments for the next two years just dropped down by just over $19K each year. That's a pretty significant saving.... but personally, I'd try to keep the repayments the same to pay the loan down sooner.

Yes however the average punter isn’t nearly as smart as you. Also anyone with term deposits are worse off & some will go chasing yield in an already overpriced equity market.

 

[wizard of Tauranga]

If you were on a two year loan in Q3 of 2023 at 8.56% that had just come of term and you re-fixed your $500,000 loan at 4.75% at Wespac, your mortgage repayments for the next two years just dropped down by just over $19K each year. That's a pretty significant saving.... but personally, I'd try to keep the repayments the same to pay the loan down sooner.

We need people spending money instead of boringly and sensibly paying down debt.

Go on a shopping spree for the good of the country. Imagine if every household spent $19k extra every year. No more businesses closing down.

 

[Bay39er]

We need people spending money instead of boringly and sensibly paying down debt.

Go on a shopping spree for the good of the country. Imagine if every household spent $19k extra every year. No more businesses closing down.

Asking for a friend but how did your spend on your cruise help the NZ economy

 

[wizard of Tauranga]

Asking for a friend but how did your spend on your cruise help the NZ economy

I operate a tourist business, so I took their overseas money and respent it overseas.

Completely logical