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  • Footage from ASB head office.
     

    Comment


    • Originally posted by Jeffa View Post
      Footage from ASB head office.
      This is what they mean when they say, "Can't get good staff these days!" ASB could have just as easily waited a few hours. Not a good look.

      Comment


      • Originally posted by Hound View Post

        This is what they mean when they say, "Can't get good staff these days!" ASB could have just as easily waited a few hours. Not a good look.
        Wow this subject should be in the conspiracy theory thread. You just can’t make this stuff up.

        I mean please.
        Last edited by Frezzinghot; 14-07-2021, 10:51 PM.
        "DEBT BECOMES IRRELEVANT WITH INFLATION".

        Comment


        • "DEBT BECOMES IRRELEVANT WITH INFLATION".

          Comment


          • Bring it on .... just maybe if all the banks got to 2.55% as the lowest fixed term rate ..it might take some heat out of our insanely overpriced market >>>

            Comment


            • The Yanks have it planned out right.

              If we pull the trigger too soon and raise the OCR we'll be a low wage high debt economy.

              US treasury falling hard overnight.
               

              Comment


              • Inflation data released 3pm Friday?

                Previous 1.5%

                Consensus 2.8%

                If it goes above consensus or 3% watch the inflationists scream from the roof top "THINK OF THE POOR! YOU MUST RAISE INTEREST RATES NOW!!"

                Positives:

                -Molly and Milineal Manu get to stretch there welfare and entry level salary further

                ​​​​​​-They can save more for a home
                -?

                Negatives:

                -NZD will head above 75c hitting 80c in 6 to 12 months.. exports slump slowing the region's and reversing there house prices.

                -NZX50 already down 3% this year relies on lower interest rates for investment,lower investment in our biggest companies.

                -100 billion of government debt becomes harder to pay off with less tax take ..unless a CGT is introduced.

                -Our 3 biggest trading partners are not going as hard so early ,we will fall further behind Australia in wage growth.

                - Flat Growth, flat wage's to pay back all the debt you ticked up the past year.

                Congratulations inflationists if you win , you have your wish..a stagnant economy and NZ.

                For the record I believe we are heading towards deflation unfortunately the controlled way through monetary policy.

                I still plan on doing well either way

                -I will short the Kiwi when I believe it's peaked.

                -Interest rates rises have little effect on my finances and I will be pumping tens of thousands over the coming months into stronger Australian and US share markets.

                I will win regardless and there will be many more experienced investors who will do the same.

                -I can and will make a 15 to 35% return on a 3 to 4% refinance using a favourable exchange rate , investing in other economies.

                Comment


                • Originally posted by Jeffa View Post
                  The Yanks have it planned out right..
                  A nation that doesn't know the difference between a donkey and their buttocks should not be trusted.

                  Want a great looking concrete swimming pool in Hawke's Bay? Designer Pools will do the job for you!

                  Comment


                  • Originally posted by Perry View Post
                    A nation that doesn't know the difference between a donkey and their buttocks should not be trusted.
                    A pleasantly Civil response...I've tried posting my opinion on interest.co.nz and they are prepared to lynch me from the nearest tree! While there hoping I go bankrupt before my last breath..

                    Atleast landlords will be protected from the new hate speech laws...?
                    Last edited by Jeffa; 15-07-2021, 10:45 PM.

                    Comment


                    • Originally posted by Jeffa View Post
                      Inflation data released 3pm Friday?

                      Previous 1.5%

                      Consensus 2.8%

                      If it goes above consensus or 3% watch the inflationists scream from the roof top "THINK OF THE POOR! YOU MUST RAISE INTEREST RATES NOW!!"
                      3pm - where did you get that from?
                      3.3% for the last year

                      Comment


                      • Originally posted by Wayne View Post

                        3pm - where did you get that from?
                        3.3% for the last year
                        Really? Wayne I don't work at stats NZ I don't know what time they released the data..
                        Last edited by donna; 16-07-2021, 03:09 PM.

                        Comment


                        • Originally posted by Hound View Post

                          This is what they mean when they say, "Can't get good staff these days!" ASB could have just as easily waited a few hours. Not a good look.
                          And then the other banks followed - no wait needed really.
                          Maybe ASB are just more on the ball?

                          Comment


                          • KEEP ON TOPIC PLEASE

                            Posts that are attacking the person have been removed.

                            regards,

                            Donna
                            SEARCH PropertyTalk, About PropertyTalk

                            BusinessBlogs - the best business articles are found here

                            Comment


                            • Originally posted by Jeffa View Post
                              Inflation data released 3pm Friday?
                              Previous 1.5%
                              Consensus 2.8%
                              If it goes above consensus or 3% watch the inflationists scream from the roof top "THINK OF THE POOR! YOU MUST RAISE INTEREST RATES NOW!!"
                              Positives:
                              -Molly and Milineal Manu get to stretch there welfare and entry level salary further
                              ​​​​​​-They can save more for a home
                              -?
                              Negatives:
                              -NZD will head above 75c hitting 80c in 6 to 12 months.. exports slump slowing the region's and reversing there house prices.
                              -NZX50 already down 3% this year relies on lower interest rates for investment,lower investment in our biggest companies.
                              -100 billion of government debt becomes harder to pay off with less tax take ..unless a CGT is introduced.
                              -Our 3 biggest trading partners are not going as hard so early ,we will fall further behind Australia in wage growth.
                              - Flat Growth, flat wage's to pay back all the debt you ticked up the past year.
                              Congratulations inflationists if you win , you have your wish..a stagnant economy and NZ.
                              For the record I believe we are heading towards deflation unfortunately the controlled way through monetary policy.
                              I still plan on doing well either way
                              -I will short the Kiwi when I believe it's peaked.
                              -Interest rates rises have little effect on my finances and I will be pumping tens of thousands over the coming months into stronger Australian and US share markets.
                              I will win regardless and there will be many more experienced investors who will do the same.
                              -I can and will make a 15 to 35% return on a 3 to 4% refinance using a favourable exchange rate , investing in other economies.
                              Key points Roger J Kerr mentioned in this article.

                              https://www.interest.co.nz/currencie...g-our-regional

                              -Interest rates won't make any difference to importanted consumables like petrol,it will only be more expensive because you have less cashflow.

                              -The bank's will benefit from higher interest rates hence there over exaggerated view the economy is over heating.

                              -The Finance Minister has said inflation is a sign the economy is on track to recovery..so why stop it ?

                              -NZ has lowest vaccinated population in the world,we could have another break out like Sydney.
                              Last edited by Jeffa; 19-07-2021, 02:38 PM.

                              Comment


                              • ^^ yeah you’d think they’d stop the money printing and see if spending continues so businesses can boost their coffers before raising interest rates.

                                cheers
                                Donna
                                SEARCH PropertyTalk, About PropertyTalk

                                BusinessBlogs - the best business articles are found here

                                Comment

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