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Remy Morgan: Milford Asset Management expert on the market reactions to the OCR cut
Remy Morgan: Milford Asset Management expert on the market reactions to the OCR cut

The Reserve Bank cut the OCR by 25 basis points to three percent today, but the markets still saw some surprises.

Today's cut was divisive, with 2 of…

9 months, 4 weeks ago

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Perspective with Heather du Plessis-Allan: Was Kiwibank's Jarrod Kerr proven right?
Perspective with Heather du Plessis-Allan: Was Kiwibank's Jarrod Kerr proven right?

The longer that this economic funk that we find ourselves in goes on, the more that Jarrod Kerr of Kiwibank is being proven right, isn't he?

And we h…

9 months, 4 weeks ago

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Jolie Hodson: Spark CEO on the company reporting a significant fall in profit
Jolie Hodson: Spark CEO on the company reporting a significant fall in profit

Spark has reported another big fall in profit, with reported net profit down 17.7 percent to $260 million - or a 33.6 percent fall to $227 million, a…

9 months, 4 weeks ago

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Andrew Reding: Fletcher Building CEO on the company posting a multi-million dollar net loss
Andrew Reding: Fletcher Building CEO on the company posting a multi-million dollar net loss

Fletcher Building has confirmed a new focus on building materials.

The construction giant's announced a net loss of $419 million for the past year, c…

9 months, 4 weeks ago

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Christian Hawkesby: acting Reserve Bank Governor says there's reasons to be positive following latest OCR cut
Christian Hawkesby: acting Reserve Bank Governor says there's reasons to be positive following latest OCR cut

There's cautious optimism from the Reserve Bank Governor after cutting the OCR by 25 basis points this afternoon.

Christian Hawkesby says the economy…

9 months, 4 weeks ago

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Barry Soper: Newstalk ZB senior political correspondent on the Reserve Bank cutting the OCR to 3 percent
Barry Soper: Newstalk ZB senior political correspondent on the Reserve Bank cutting the OCR to 3 percent

The Reserve Bank is signalling further OCR cuts, but making no promises.

It's slashed the cash rate 25 basis points today, to 3 percent.

Newstalk ZB …

9 months, 4 weeks ago

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Brad Olsen: Infometrics principal economist on the Reserve Bank cutting the OCR to 3 percent
Brad Olsen: Infometrics principal economist on the Reserve Bank cutting the OCR to 3 percent

The Reserve Bank today moved to cut the OCR by 25 basis points to 3 percent, sparking debate among experts.

While economists priced in a cut, some an…

9 months, 4 weeks ago

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Simon Bridges: Auckland Business Chamber CEO on the Auckland café pushing back against street flag ban
Simon Bridges: Auckland Business Chamber CEO on the Auckland café pushing back against street flag ban

Auckland-based café Coffee on Queen is pushing back against a ban on advertising flags, and one expert says it's a sign of a bigger problem.

Café own…

9 months, 4 weeks ago

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Enda Brady: UK correspondent on the London pub adding an extra service charge to all drinks (1)
Enda Brady: UK correspondent on the London pub adding an extra service charge to all drinks (1)

A Waterloo-based pub has raised eyebrows among Londoners after it introduced an extra service charge for all purchases. 

Drinkers at the pub will be …

10 months ago

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Paul Bloxham: HSBC chief economist on whether the OCR will be cut tomorrow
Paul Bloxham: HSBC chief economist on whether the OCR will be cut tomorrow

The Reserve Bank is widely expected to cut the OCR tomorrow, according to new reports.

The OCR is currently sitting at 3.25 percent and the major ban…

10 months ago

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