Economy
'We were clearly wrong' - ANZ economist on OCR
Households and business will be paying high interest rates for longer, as a result of an unchanged OCR, Sharon Zollner says. Audio
Explainer: What's going on with interest rates?
Economist Bernard Hickey gives us an insight into what the Reserve Bank is thinking after the latest OCR announcement. Audio
Reserve Bank holds OCR at 5.5% despite concerns about inflation pressures
The Reserve Bank has again pumped the brakes on the official cash rate, holding it at 5.5% despite concerns about lingering inflation pressures. The central bank says OCR will need to stay at a… Audio
Reserve Bank holds Official Cash Rate at 5.5 percent
The Bank has warned inflation pressures are stubborn and rate cuts may be a while away.
Midday Business News for 28 February 2024
Telecommunications company Spark plans to invest for growth, as it copes with higher costs and weaker demand.
Anan Zaki has the business news. Audio
Mortgage holders nervously wait for Reserve Bank OCR announcement
The wait is nearly over for mortgage holders nervously wondering if they are in for another hike in interest rates.
The Reserve Bank will today announce whether it will lift the official cash rate… Audio
Early Business News for 28 February 2024
Latest news from Radio New Zealand's business team. Audio
The Panel with Zoe George and Steve McCabe (Part 1)
Today on The Panel, Wallace and panellists Zoe George and Steve McCabe discuss the bill to repeal Te Aka Whai Ora introduced under urgency in Parliament today and the OCR announcement expected… Audio
Midday Business News for 27 February 2024
A slowing economy and commodity prices have dented the profits of rural services company PGG Wrightson.
Anan Zaki has the business news. Audio
PGG Wrightson half-year profit falls, dividend axed
A slowing economy and commodity prices dented the rural services company's half-year profit.
Will interest rates go up this week?
What economists think will happen when the Reserve Bank reviews the OCR.
Early Business News for 27 February 2024
Latest news from Radio New Zealand's business team. Audio
Government announces inquiry into school property system
A fast-growing high school says a government inquiry into the school property system won't do anything to complete six new blocks which are only partially built.
According to National, the review has… Audio
Singapore forking out for Taylor Swift Eras tour
We've been talking about Taylor Swift throughout the programme and the projected millions our economy may have missed out on by not hosting a tour here. She's on her way to Singapore tomorrow where… Audio
Evening business for 26 February 2024
News from the business sector, including a market report. Audio
7 Taylor Swift concerts made up to $1,000,000,000
It's been a swift boost to Australia's economic offers, Taylor Swift that is. As she wraps up her Australian tour tonight, some estimates put the financial gains from her seven concert stint at up to… Audio