Cave Financial Consulting Ltd

May the upcoming year be distinguished by substantial growth, remarkable achievements, and unprecedented prosperity and abundance. Look for it daily, and in a year’s time, you will see how far you’ve progressed!

📉 NZ OCR is down to 3.00% — what it means for you

No big surprises this week: the Reserve Bank cut the Official Cash Rate by 0.25% to 3.00% (20 Aug). Banks had already trimmed rates last week, so most are sitting around 4.75%-4.79% for a 1-year fixed. Don’t expect big overnight changes from here.

What’s next?
The Bank’s track points to the OCR easing further toward the high-2s by year-end if inflation keeps cooling. Economists are split: some say we need cuts closer to 2.5% to really kickstart growth, while others say hold steady and let earlier cuts flow through.

If you’re refixing soon: a 1-year or 18-month can keep your options open while things plays out.
If you’re saving: consider laddering term deposits so you’re not locked in if rates drift lower or go higher.

Got questions? Message us for a quick, obligation-free check of your mortgage or savings plan.
General info only—ask us for advice tailored to you.

When it comes to investing, time is your best friend if you use it well. Why? Because time increases your compounding interest returns - one of the greatest principles on earth. If you don't use your time well to invest now, it can be your worst enemy and biggest regret. Invest now! Want help, write INVEST below, we'll help you out.

The cost of waiting to invest?

Start at 20: $200/month = $2.3M

Start at 30: $200/month = $700K

Start at 40: $200/month = $200K

Time matters more than timing. You do NOT have to retire broke.

Don't put this off any longer. Plug in your own numbers in my investing calculator and see what your future could look like: https://ramsey.solutions/Invest

At Cave Financial, we’re hiring!

General Manager Job in Glendowie, Auckland - SEEK Lead a high-performing team, drive growth, and help shape the future of a trusted, purpose-driven financial services firm.

Got a raise? Great!
Spent it all before payday? Easily done.
“Act your wage,” they say. Easier said than done when Uber Eats is calling and your mate just bought a jet ski.
At Cave Financial, we help keep your spending in check before your bank account says “I told you so.”
💰 Time for a financial reality check in? We're here when you're ready!

Your money should work for you, not the other way around.
Want to take control back, want a personalised budgeting, insurance, and investment plans? DM us for a free budget template & other resources to get you started.

KiwiSaver is getting a makeover!
Here’s your quick guide to the new rules rolling out from 2025 to 2028.

💸 Lower Govt tax credits
📈 Higher contribution rates
🧒 More access for young investors

Whether you’re saving for retirement or just starting out — these changes could affect your goals.
Let’s talk if you’re unsure what it means for you or you want to make sure KiwiSaver is on track. DM us if you’d like a personalised KiwiSaver review for you and your family.

25 Years of Cave Financial. Thank You!

It was great to celebrate with many of the team from BNI Metro, Auckland, NZ the best BNI group in NZ.

25 years ago, we started Cave Financial with a vision to help people make confident, informed financial decisions.

Today, we had the privilege of celebrating this milestone with so many of you at our office. Thank you to everyone who came along to mark the occasion with us. Your support, friendship, and loyalty over the years mean the world to us.

We’re incredibly grateful to have walked alongside so many clients, colleagues, and friends on this journey.

Here’s to the next chapter, and to helping even more Kiwis live financially well, get the lifestyles they want and build long-term inter-generational wealth, changing lives and communities forever.

The team at Cave Financial

Proud to be celebrating with Michael Cave, Cave Financial Consulting Ltd.
Happy 25 years of successful consulting.

KiwiSaver isn’t instant coffee — it needs a little care to get it just right.

🚨 Big Changes Coming to KiwiSaver – What You Need to Know
Announced in Budget 2025

The Government has just confirmed the biggest shake-up to KiwiSaver in years, aimed at boosting long-term savings and keeping the scheme financially sustainable.
Here’s a quick summary:

💸 Contribution Changes
Employee Default Rate will rise from 3% to 4% (phased in: 3.5% from April 2026, 4% from April 2028).

You can still "opt down" to 3% temporarily if needed.

Employer contributions will match the new rates.

❌ Govt Contribution Cut in Half
From July 2025, the Government’s contribution drops from 50¢ to 25¢ per dollar you contribute.

New annual max: $260.72 (down from $521.43).

You’ll still need to contribute $1,042.86/year to get the full match.

👶 Young Workers Included
From July 2025, 16- and 17-year-olds will be eligible for government contributions.

From April 2026, they’ll also receive employer contributions.
(Auto-enrolment still starts at 18)

🚫 Means Testing Introduced
If you earn over $180,000, you’ll no longer qualify for the Government’s contribution.

Why it matters: This is designed to encourage better saving habits, particularly for first-home buyers and younger workers, while helping reduce the long-term cost of KiwiSaver to taxpayers.

More contributions = Bigger balances at 65 = Stronger future for KiwiSaver members AND the NZ economy.
📈 Over 3 million Kiwis are in KiwiSaver, with $111.8 billion under management.

Got questions about how this affects you, your children, or your retirement plan? Let’s chat. 👇💬

📢 Great news if you’ve got a mortgage!

The NZ Reserve Bank has cut interest rates by 2% since 2024, and that’s making a real difference.

💡 Here’s what that means: If you’ve got a $500,000 mortgage, and your rate drops from 6% to 4%: 👉 Your repayments go from $2,998 to $2,387/month
👉 That’s $611 saved every month – or $7,332 a year!

That’s a decent chunk of money that could help with everyday expenses, business growth, or even funding a reno.

If you’re a homeowner, property investor, or business owner with a loan, now’s a great time to check if your structure still fits. 💬

Need a quick review? Message us – happy to help you make the most of this shift.