We’re excited to announce that we will be relocating from our current Takapuna office to a new purpose-built space at Level 1, 1 - 7 The Strand, Takapuna, Auckland. Our team will commence operations from the new office on Monday 27 July, marking another milestone for our business. We look forward to welcoming clients and visitors to the new office in the coming months and thank you for your continued support.

RBNZ keeps interest rates unchanged at 2.25%

Shaw and Partners

RBNZ keeps interest rates unchanged at 2.25%

As expected, the Reserve Bank of New Zealand has left the Official Cash Rate at 2.25%. Governor Dr. Anna Breman highlighted the ongoing inflationary pressures from rising oil prices while confirming the Bank’s focus on monitoring any potential downstream economic effects. This decision is significant for those with term deposits or fixed-income investments.

While term deposits continue to offer predictable returns, persistent inflation can erode the real value of your capital over time. Investors may need to consider diversified strategies that aim to preserve and enhance wealth in today’s environment.

At Shaw and Partners, our advisers take the time to understand your financial goals and provide tailored solutions designed for today’s interest rate and inflation conditions.

Andrew Kelleher discusses the recent interest rate decision and potential implications on investments.

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