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.

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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