Cyclone Gabrielle – AON Support Through Severe Weather Events

If you can’t read this email, please view it online

歡迎訂閱《市場周訊》

每周一期的《市場周訊》集中了一周的重要市場信息。內容包括經濟和市場動態、金融產品信息（促銷活動）、行業調查調研、房屋市場動向、以及KiwiSaver 投資。市場資訊來源於金融機構、調研機構、以及政府監管部門。目的是為有需要的讀者提供及時、有效、有用的市場資訊和支持，如貸款和保險促銷活動，市場利率走勢等。本《周訊》以英文讀者為主，並可以通過郵箱直接發送給訂閱者，也可以通過社交媒體瀏覽。歡迎訂閱和推薦朋友訂閱。
Welcome to prescribe this weekly Newsletter, which is a collection of market updates and economic news. It mainly covers the news on financial products, product promotions, research and reports, housing market, trends on interest rates, and KiwiSaver investment. The sources of news are from financial institutions, research organizations, and government agencies. Its main aim to provide timely, valid, and useful economic and financial news to those who may need it. In addition, your thoughts and ideas are warmly welcome, and your questions will be answered and responded.

RBNZ Monetary Policy Statement Preview Next Wednesday

ANZ expects the RBNZ will raise the Official Cash Rate (OCR) 50bp to 4.75% at its Monetary Policy Statement (MPS) next Wednesday. This is based on the fact that the inflation pressures are far too strong, and markets are certainly not expecting the RBNZ to go ‘soft’.

Recent and Ongoing Weather Events Likely Inflationary On OCR

Recent weather events will clearly be negative for GDP in the short run, due to significant disruption over a large area. The events will be inflationary overall, via insurance, goods shortages, transport disruption, construction costs and fruit and vegetable prices, among other impacts. There could also be confidence effects. The early assessment is that it presents upside risk to the eventual peak in the OCR.

REINZ Housing Data–January 2023

Housing prices are just more than15% below their November 2021 peak. ANZ maintains its forecast for a peak-to-trough decline of 22%. Sales were up a seasonally adjusted 14.0% m/m in January. The smaller-than-expected fall in the HPI and the bounce in sales may point to a slightly stronger start to 2023 than market had anticipated, but it’s unwise to read much into one month’s data given the scope for volatility and revisions.

AIA Flooding Support: One Month’s Premium Waiver Relief Offer

AIA is requesting customers to provide the following information to assess the severity of the impact it has had on them: 1. AIA policyholder name and customer number; 2. Confirmation that either a house, contents, vehicle or business insurance claim has been lodged as a result of the Upper North Island’s severe weather event; 3. Details of the claim, including the insurance claim provider, claim number, type of claim, date lodged and customer address; 4. and  If the customer does not have any insurance cover in place for this event, details to confirm the loss and damage they have incurred.

Cyclone Gabrielle – AON Support Through Severe Weather Events

If you have been affected by Cyclone Gabrielle or have any other insurance matters as a result of recent weather events, please do not hesitate to contact your Advisor or Aon New Zealand. Over the past few days Cyclone Gabrielle has severely impacted cities and towns across New Zealand. High winds and flooding could continue in the days ahead, and States of Emergency may remain in place in affected areas. For more claim information, please click here.

Why Inflation Matters?

An inflation rate between 1 and 3% is generally viewed as ideal, as it tends to be associated with positive economic growth, rising profits and stock price gains. But high inflation is a problem because it reduces the value of people’s savings and purchasing power

Investing in an inflationary market: The winners and losers

Inflation impacts different companies and sectors differently. When deciding which companies to invest in and which ones to avoid in a high-inflationary environment there a few things to look for.

Nib Health Covers Pre-existing Conditions: End Of This Month

Before 28 February 2023, simply sign up to an Ultimate Health or Ultimate Health Max plan through nibAPPLY, clients can have many of their pre-existing conditions covered after 3 years with Nib. This gives clients the security and a peace of mind. Click for more.

Generate KiwiSaver: Friend Refer Friend Offer

Anyone can earn $50 for making referrals to Generate – and the person they refer can get $50 too!

KiwiSaver: How Much Do You Know?

Answer the next four questions to see how taking advice now could mean the difference of hundreds of thousands of dollars in your retirement. PLUS You can WIN $4000+ of home entertainment, technology or travel or 1 of 10 $100 prize partner vouchers! (see Terms and Conditions)