It’s an important call today for the Reserve Bank as they decide whether to drop the Official Cash Rate. 

Bank economists are divided, Westpac, ANZ and Kiwibank anticipate the Reserve Bank to hold the OCR at 5.5%. 

BNZ is expecting it to go down, as is ASB, who predicts it'll fall by 25-basis points to 5.25% , which would be the first drop since 2020.

John Carran, Jarden Economist and Investment Strategist, told Ryan Bridge he’s erring on the side of hold.

He said that although they may hold today, they will signal that interest rate cuts are coming much sooner than they previously indicated.

LISTEN ABOVE

It’s an important call today for the Reserve Bank as they decide whether to drop the Official Cash Rate.  
Bank economists are divided, Westpac, ANZ and Kiwibank anticipate the Reserve Bank to hold the OCR at 5.5%.  
BNZ is expecting it to go down, as is ASB, who predicts it'll fall by 25-basis points to 5.25% , which would be the first drop since 2020. 
John Carran, Jarden Economist and Investment Strategist, told Ryan Bridge he’s erring on the side of hold. 
He said that although they may hold today, they will signal that interest rate cuts are coming much sooner than they previously indicated. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

John Carran: Jarden Economist and Investment Strategist ahead of today's OCR announcement

A thirteen-year-old girl has pleaded guilty to threatening unlawful violence during a protest in the UK.

The event took place during a week of unrest over asylum seekers and illegal migrants, and follows two twelve-year-old boys pleading guilty to other offences in a similar riot.

UK Correspondent Gavin Grey told Ryan Bridge the girl was among a crowd gathered outside a hotel used to house asylum seekers, and was seen punching and kicking at the entrance of the hotel.

He said that a police officer was injured when disorder broke out at the demonstration, and there was roughly 200 protestors there.

LISTEN ABOVE

A thirteen-year-old girl has pleaded guilty to threatening unlawful violence during a protest in the UK. 
The event took place during a week of unrest over asylum seekers and illegal migrants, and follows two twelve-year-old boys pleading guilty to other offences in a similar riot. 
UK Correspondent Gavin Grey told Ryan Bridge the girl was among a crowd gathered outside a hotel used to house asylum seekers, and was seen punching and kicking at the entrance of the hotel. 
He said that a police officer was injured when disorder broke out at the demonstration, and there was roughly 200 protestors there. 
LISTEN ABOVE

Gavin Grey: UK Correspondent on the 13 year old girl pleading guilty to threatening unlawful violence during a UK protest

Scientists believe there are great applications for taking gene-editing research outside - under new regulations.

The Government's planning to introduce legislation this year to let researchers develop and commercialise gene tech products outside laboratories. 

Genetics expert Michael Bunce at Australia's Curtin University says under current laws, useful research for New Zealand has been hampered by red tape.

He told Ryan Bridge the solution to problems like wilding pine trees is a good example.

Bunce says making pine trees sterile keeps them in one place and stops the spread around New Zealand.

LISTEN ABOVE

Scientists believe there are great applications for taking gene-editing research outside - under new regulations. 
The Government's planning to introduce legislation this year to let researchers develop and commercialise gene tech products outside laboratories.  
Genetics expert Michael Bunce at Australia's Curtin University says under current laws, useful research for New Zealand has been hampered by red tape. 
He told Ryan Bridge the solution to problems like wilding pine trees is a good example. 
Bunce says making pine trees sterile keeps them in one place and stops the spread around New Zealand. 
LISTEN ABOVE

Michael Bunce: Genetics Expert on the applications of gene-editing research and the Government shifting regulations

New Zealand's tourism recovery has seemingly hit a snag.

Overseas visitor arrivals reached 3.2 million in the year to June.

That's up 27% from 2023, but still down 17% on pre-pandemic peaks.

It comes as visa charges rise and hikes to the International Visitor Levy debated.

Board of Airline Representatives Executive Director, Cath O'Brien told Ryan Bridge while other countries continue to recover, New Zealand appears to be stalling.

She says the coming summer's airline schedule expects just 2% growth.

O’Brien says it will bring fewer tourists, and it's counterproductive to steeply increase visa costs at the same time.

LISTEN ABOVE

New Zealand's tourism recovery has seemingly hit a snag. 
Overseas visitor arrivals reached 3.2 million in the year to June. 
That's up 27% from 2023, but still down 17% on pre-pandemic peaks. 
It comes as visa charges rise and hikes to the International Visitor Levy debated. 
Board of Airline Representatives Executive Director, Cath O'Brien told Ryan Bridge while other countries continue to recover, New Zealand appears to be stalling. 
She says the coming summer's airline schedule expects just 2% growth. 
O’Brien says it will bring fewer tourists, and it's counterproductive to steeply increase visa costs at the same time. 
LISTEN ABOVE

John Carran: Jarden Economist and Investment Strategist ahead of today's OCR announcement

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