The Reserve Bank says it's still unclear what today's Iran ceasefire announcement - and resulting dramatic fall in oil prices - mean for New Zealand.

The central bank's held the Official Cash Rate unchanged, at 2.25 percent.

It's working off the assumption inflation will surge to 4.2 percent this quarter.

NZ Herald Wellington business editor Jenee Tibshraeny explained further.

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The Reserve Bank says it's still unclear what today's Iran ceasefire announcement - and resulting dramatic fall in oil prices - mean for New Zealand.
The central bank's held the Official Cash Rate unchanged, at 2.25 percent.
It's working off the assumption inflation will surge to 4.2 percent this quarter.
NZ Herald Wellington business editor Jenee Tibshraeny explained further.
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

Jenee Tibshraeny: NZ Herald Wellington business editor on what the Middle East conflict could do to inflation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/76afbe81-25e6-476e-abd0-b42600885e60/transcript

Both US President Donald Trump and Iran have portrayed the last minute ceasefire deal as a victory for their nations.

The nations accepted Pakistan's proposal to pause fighting two weeks and Iran's agreed to reopen the Strait of Hormuz.

Milford Asset Management expert Brendan Larsen says shares in the US, Australia and New Zealand have gone up off the back of the news.

LISTEN ABOVE

Both US President Donald Trump and Iran have portrayed the last minute ceasefire deal as a victory for their nations.
The nations accepted Pakistan's proposal to pause fighting two weeks and Iran's agreed to reopen the Strait of Hormuz.
Milford Asset Management expert Brendan Larsen says shares in the US, Australia and New Zealand have gone up off the back of the news.
LISTEN ABOVE

Brendan Larsen: Milford Asset Management expert on the market reactions to the ceasefire deal

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f20c270d-4fec-438f-a432-b426008642dd/transcript

AI is taking up a significant role in New Zealand's employment operations, and one Kiwi company has opened up about the process.

Employment Hero, which specialises in recruitment software, has revealed that AI has screened tens of thousands of CVs each month and overseen 1000 job interviews in March.

Employment Hero's Neil Webster says business owners have revealed prospective employees have also used AI in the recruitment process - and hiring managers will manually check any candidate that seems promising. 

LISTEN ABOVE

AI is taking up a significant role in New Zealand's employment operations, and one Kiwi company has opened up about the process.
Employment Hero, which specialises in recruitment software, has revealed that AI has screened tens of thousands of CVs each month and overseen 1000 job interviews in March.
Employment Hero's Neil Webster says business owners have revealed prospective employees have also used AI in the recruitment process - and hiring managers will manually check any candidate that seems promising.&nbsp;
LISTEN ABOVE

Neil Webster: Employment Hero spokesperson on the growing use of AI in the employment process

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/cd05d724-22bb-40b9-a864-b42600843ee0/transcript

The two residents of Australia's smallest town have decided to sell up and move on.

Cooladdi is a nine-hour drive west of Brisbane, and the new owner will be expected to keep busy - working as a postie, publican, motelier, restaurateur and shopkeeper.

One of Cooladdi's residents, Carol Yarrow, says the town is on Australia's longest road, and it sees lots of people come through every day.

LISTEN ABOVE

The two residents of Australia's smallest town have decided to sell up and move on.
Cooladdi is a nine-hour drive west of Brisbane, and the new owner will be expected to keep busy - working as a postie, publican, motelier, restaurateur and shopkeeper.
One of Cooladdi's residents, Carol Yarrow, says the town is on Australia's longest road, and it sees lots of people come through every day.
LISTEN ABOVE

Carol Yarrow: Cooladdi resident on selling Australia's smallest town

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/103d822b-b709-4133-b7fb-b426006ef1cd/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on what the Middle East conflict could do to inflation

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