The Prime Minister says this afternoon's double cut to the OCR is another sign the economy's improving.

The Reserve Bank is also signalling it'll follow up with at least two more 25 point reductions by the end of May.

Despite low productivity and net migration, our economy is expected to gradually pick up, in part due to rising dairy and beef prices - and the low Kiwi dollar.

ZB senior political correspondent Barry Soper says the Government's feeling proud of today's OCR update. 

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The Prime Minister says this afternoon's double cut to the OCR is another sign the economy's improving.
The Reserve Bank is also signalling it'll follow up with at least two more 25 point reductions by the end of May.
Despite low productivity and net migration, our economy is expected to gradually pick up, in part due to rising dairy and beef prices - and the low Kiwi dollar.
ZB senior political correspondent Barry Soper says the Government's feeling proud of today's OCR update.&nbsp;
LISTEN ABOVE

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

Barry Soper: ZB senior political correspondent on the Government's response to today's OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/df4b18a2-8555-45d7-add3-b289004f7113/transcript

The current Government earlier indicated they could be looking to make changes to NZ Super and adjust the eligibility age, but they've changed their tone ahead of election season.

Chris Luxon and Nicola Willis recently declined opportunities to explicitly back the policy when asked about it after Treasury released its Pre-Election Economic and Fiscal Update earlier this week.

NZ Herald Wellington business editor Jenee Tibshraeny says it seems like there's a shift, but they haven't unveiled any campaign announcements related to NZ Super yet.

LISTEN ABOVE

The current Government earlier indicated they could be looking to make changes to NZ Super and adjust the eligibility age, but they've changed their tone ahead of election season.
Chris Luxon and Nicola Willis recently declined opportunities to explicitly back the policy when asked about it after Treasury released its Pre-Election Economic and Fiscal Update earlier this week.
NZ Herald Wellington business editor Jenee Tibshraeny says it seems like there's a shift, but they haven't unveiled any campaign announcements related to NZ Super yet.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on the Government potentially 'going soft' on NZ Super reforms?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/5df173d2-b2c9-4f15-9201-b4d500719d64/transcript

The Warehouse Group recently reported an improved annual financial result.

It's confirmed an annual net profit of $11.2 million dollars - a departure from last year's $2.8 million dollar net loss.

Milford Asset Management expert Jeremy Hutton unpacked the market reactions.

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The Warehouse Group recently reported an improved annual financial result.
It's confirmed an annual net profit of $11.2 million dollars - a departure from last year's $2.8 million dollar net loss.
Milford Asset Management expert Jeremy Hutton unpacked the market reactions.
LISTEN ABOVE

Jeremy Hutton: Milford Asset Management expert on the market reactions to the Warehouse bouncing back?

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dbe0cd4f-25be-4c15-a411-b4d5006fdf6f/transcript

The Warehouse Group has turned their luck around after the most recent downturn.

It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss.

Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million.

Warehouse Group CEO Mark Stirton says these smaller companies allowed the brand to do the work on the main Warehouse chain - which also had an improved fourth quarter. 

LISTEN ABOVE

The Warehouse Group has turned their luck around after the most recent downturn.
It's confirmed an annual net profit of $11.2 million - a far cry from last year's $2.8 million net loss.
Noel Leeming made a 21.8 million profit, and Warehouse Stationary made 15.9 million.
Warehouse Group CEO Mark Stirton says these smaller companies allowed the brand to do the work on the main Warehouse chain - which also had an improved fourth quarter.&nbsp;
LISTEN ABOVE

Mark Stirton: Warehouse Group CEO on the Warehouse Group posting a $11.2 million net profit

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ec246073-b9fc-4859-b19d-b4d5006b9cf9/transcript

Barry Soper: ZB senior political correspondent on the Government's response to today's OCR cut

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