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August 2025 update

Hey everyone,

Hope you've had a great month. I've got some exciting news to share that we've been working on for a while – we've launched the CIC Financial app!

You can download it from the Apple Store or Google Play Store. Simply use the code "CIC" to access the app.

Beyond links to our website and content, the app offers something really valuable – access to a range of discounts with major retailers:

• PB Tech

• PlaceMakers

• Car rental companies

• Warehouse Stationery

• And a whole bunch more

As our client, you can use these discounts when shopping by simply showing the code on your phone. Feel free to share it with friends and family if you find it valuable too – the more people that use it the better.

We're also planning to add benefits from many of our fantastic clients who run great businesses. Keep an eye out as we roll these out through the rest of the year. If you'd like to offer a benefit from your own business, please get in touch – we'd be happy to discuss this opportunity.

The Reserve Bank released its OCR announcement on 20 August. As expected, we saw a cut to floating rates, with some small reductions beginning to flow through to fixed rates as well. The move came in response to higher-than-anticipated inflation and weaker employment data.

It’s been a wonderful month personally. We managed to take Pia up to the snow, getting her on skis for the first time. Hearing her giggle and having an absolute blast was definitely a highlight.

To round out the month, I'm heading to Sydney for two days to run the marathon. I received a ballot entry at Christmas and the opportunity to run it was too good to turn down. It'll definitely be the last marathon for this year!

Also looking forward to the end of winter, with the first day of spring just around the corner.

Keep well.

Kieran Sutherland

Financial and Business Adviser

p. 03 377 3693

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