RSA identity in good shape after health hiccup

Recently appointed Devonport RSA life member Howard Mace has fully recovered after needing medical assistance at the Anzac Day service last week.

“I played nine holes of golf yesterday,” Mace told the Flagstaff last Friday.

Ambulance and medical personnel went to a seated Mace’s aid at the Devonport Anzac service.

“I nearly fainted – my blood pressure was low,” he said.

He was given an electrocardiogram in an ambulance. “And my ticker was okay.” He hadn’t needed to go to hospital.

Later in the week, he enjoyed further Anzac events including Navy historian Michael Wynd’s talk at the RSA on the Battle of the River Plate, prior to the screening of a film at the Vic cinema about the battle.

Mace appreciated the concern of all the locals who had been in touch enquiring about his health. Helping hands… Mace receives assistance

OCR vs Inflation

The Reserve Bank mandate to tame inflation through raising the Official Cash Rate (OCR) is a very blunt instrument on its own – it requires both personal and government fiscal resstraint as well, given that half the population has no debt and in fact enjoys the higher interest rates on their deposits, so they are not easily constrained!

Many of the ‘non discretionary’ price rises, such as rents, mortgages, rates, insurance, transport, health and education etc – are outside of most people’s control/demand (they reduce disposable incomes and act like a tax hike), so it’s unfortunate to increase interest rates to manage this. And then there are ‘discretionary’ price rises such as nonessential food (eg tomatoes in winter), cigarettes, alcohol, entertainment, gadgets, holidays etc, which consumers can choose not to buy or substitute away from them, so again unfortunate for borrowers. OCR changes do have a more direct impact on credit growth (ie borrowing demand), which does help to contain spending – hopefully for borrowers the tightening cycle is coming to an end soon!

New Listing

Devonport 32 Russell Street

Stanley Bay Stand-Out

Family comes first in this location – set across the road from Stanley Bay School and securely positioned at the end of a private driveway, this two-storey home is for families, for couples, for individuals, and for those who dare to be different. In a direct attempt to stand out from the crowd, a transformative renovation has rejuvenated this four-bedroom, two-bathroom concrete block and cedar shingle home into a low-maintenance work of art. Stanley Point is special, the community spirit is strong, and the area supremely safe. Stanley Bay Park is the perfect destination for parents, kids, dogs, and tennis enthusiasts, the wharf is legendary, and the primary school across the road, is the hub. Come and see for yourself what makes this location such a favourite amongst locals. bayleys.co.nz/1451489 bayleys.co.nz

4 2 2 2

Set Sale Date (unless sold prior) 4pm, Wed 10 May 2023

28 Northcroft Street, Takapuna, Auckland View Sat 2-2.45pm or by appointment

Kathryn Robertson 021 490 480 kathryn.robertson@bayleys.co.nz

BAYLEYS REAL ESTATE LTD, TAKAPUNA, LICENSED UNDER THE REA ACT 2008

Briefs

Days only at Corelli’s

One of Devonport’s most popular caferestaurants is closing at nights over winter, primarily due to staff shortages. Correilli’s Cafe will be open from 7am till 5pm, seven days a week, until daylight saving starts in September.

Hospice upgrade finished

Harbour Hospice is hoping fundraising will bring in the last $50,000 of the $20 million spent upgrading its North Shore facility. The project in Takapuna is now finished, with final planting and car-park marking completed at the Shea Tce site, after extra beds became available and facilities opened progressively over the last year.

Grammar sailing promise

The Takapuna Grammar School (TGS) sailing team came fourth at the secondary schools team nationals over the school holidays. TGS won the competition last year, but many of that team have since left school. The future looks bright, however, for a team including three Year 9 students and star prodigy Will Mason, who recently won national titles in both the Optimist and Starling classes.