Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector? 

The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible. 

It's recognised unemployment is high, and businesses aren't producing as much as they could. 

Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot.  

LISTEN ABOVE 

Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector?&nbsp;
The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible.&nbsp;
It's recognised unemployment is high, and businesses aren't producing as much as they could.&nbsp;
Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot. &nbsp;
LISTEN ABOVE&nbsp;

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Adrienne Begbie: Prospa Managing Director on the impact of the latest OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4ccbd703-ed62-4440-9e2c-b33f01702b29/transcript