Over in Australia, the RBA has moved to lower the Official Cash Rate by 25 basis points from 4.35 percent to 4.1 percent.

This is in line with predictions from economists, who'd noticed inflation had eased in the final quarter of 2024.

Australian correspondent Murray Olds says this will come as good news for homeowners, who have had their mortgage payments skyrocket over the past few months.

LISTEN ABOVE

Over in Australia, the RBA has moved to lower the Official Cash Rate by 25 basis points from 4.35 percent to 4.1 percent.
This is in line with predictions from economists, who'd noticed inflation had eased in the final quarter of 2024.
Australian correspondent Murray Olds says this will come as good news for homeowners, who have had their mortgage payments skyrocket over the past few months.
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

Murray Olds: Australian correspondent on the RBA cutting the OCR to 4.1 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/35a5006b-9bd8-44fa-a529-b288004431a0/transcript