Squirrel

And just like that, the Reserve Bank (RBNZ) has dropped it like it's hot — cutting the Official Cash Rate (OCR) by a full 0.50%. A great start to 2025, if you ask us! But the real eyebrow-raiser? The RBNZ is now targeting a 'neutral' OCR of around 3.00% by late 2025, which is a whole lot sooner than its previous mid- to late-2026 prediction. Read our latest newsletter for the full scoop ?? ??

Looking for a role where you can actually make an impact (and not just be a cog in a corporate machine)? We’re on the hunt for a Customer Operations Specialist to join the team at Squirrel! You’ll be at the heart of our investment operations — managing customer queries, supporting investor registrations, and making sure both borrowers and investors have a smooth, efficient, and enjoyable experience. If that sounds like your kind of gig, we'd love to hear from you!

Dave Thomson, a self-employed carpenter, saw potential where others saw problems. What started as a simple move to the countryside for Dave and his wife, turned into something bigger: breathing new life into three relocatable homes on a stunning block of Kaipara land. Not every property development starts with a grand plan. Some, like this one, happen completely by accident. Financing the project was the real challenge. Traditional banks weren’t keen (surprise, surprise). Being self-employed meant Dave didn’t fit their rigid lending criteria — until he found Squirrel. With the right funding, a solid vision, and a whole lot of elbow grease, this "accidental" development turned into something pretty special. Proof that with the right support, great ideas don’t have to stay on the drawing board. Curious how he made it work? Read the full story https://lnkd.in/gC9vbBXV #development #selfemployed #mortgagebroker #nzproperty #housingmarket #financing

The next OCR announcement lands Feb 19 and another cut is on the cards. What does it mean for your mortgage, savings and financial plans? Join Squirrel OG and Founder, JB, and a panel of experts for a FREE live chat on Feb 21 at 12:30 p.m. to break it all down. Register here: https://lnkd.in/gRYNSk7r #ReserveBank #OCRUpdate #InterestRates #NZEconomy #MortgageAdvice enable.me - financial strategy & coaching

With the US playing trade wars like it’s a game of Monopoly, interest rates aren’t falling as fast as we’d like. ?? A strong US dollar, a weaker NZ dollar and a housing market still in a funk - we’re unpacking some meaty topics this month. Check out our latest update to see what’s coming in 2025. #NZEconomy #HousePrices #NZHousing?#InterestRates #OCRUpdate #ReserveBank #MortgageBroker #SquirrelEffect?

How do you feel about three of NZ's largest banks (ANZ Aotearoa, ASB Bank, Westpac New Zealand) taking more than 60% of the interest they make on simple savings accounts to their own revenue lines and leaving NZ consumers and SMEs with less than 40%? I've made some estimates in the blog below that suggest there could be $9b held in those simple savings accounts across those three banks, which means they're collectively pulling $245m annually for themselves and giving $138m to their savers. If Kiwi shifted those savings to other providers with higher interest rates and lower margins (like Squirrel), there is a whole lot more money for savers. Once again using the estimates, consumers and SMEs would collectively earn $360m annually - MORE THAN DOUBLE! The competition is here, Kiwi, get off your backsides and do something about it. https://lnkd.in/gv_-naaE

Are you a detail-driven dynamo who loves making things run like clockwork? ?? We're on the hunt for a Senior Settlements Specialist. If solving problems and driving efficiency sounds like your jam, we'd love to hear from you.

If wholesale market pricing is accurate, the OCR will be down at 3.25% by September, which will likely see mortgage rates for terms out to two years drop to sub-5%.? That will put about $4 billion back in homeowners’ pockets. What's the best strategy for borrowers, and savers?

If you’re in Wellington on 23 January, don’t miss the chance to hear from our very own Mark Beams at the Off-The-Plans information evening hosted by Solari Architects. ?? Press Hall, 80 Willis Street ? 6:00 PM – 9:00 PM NZDT Discover exciting new developments in Wellington, learn the benefits of buying off-the-plan, and gain expert insights to guide your next property move. This is your chance to connect with local experts, enjoy delicious food and drinks, and get all your property questions answered in a relaxed, engaging atmosphere. ??? Get your tickets here: https://lnkd.in/gu9PJj6r

On Friday, we wrapped up 2024, country and western style! ?? Think country icons, cowboy boots, and plenty of denim — it was one for the books. We were stoked to bring together our teams from Wellington and Christchurch, with an epic view to match the celebration. A stunning afternoon full of sunshine, incredible food, and great company! A big shout-out to our amazing Squirrel team, customers, and partners — your continued support makes it all possible. Wishing you all a safe and happy holiday season. Catch you in 2025 ???