The Reserve Bank is set to issue their latest OCR update tomorrow - and experts are divided about the outcome.

Some economists are predicting rate cuts will come now, while others believe the Reserve Bank will hold steady and announce cuts later in the year.

Infometrics Principal Economist Brad Olsen says the Reserve Bank needs to lay the groundwork for future rate cuts.

"The economy is in a darker place - but the Reserve Bank backed itself into a corner, all bets are off at the moment."

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The Reserve Bank is set to issue their latest OCR update tomorrow - and experts are divided about the outcome.
Some economists are predicting rate cuts will come now, while others believe the Reserve Bank will hold steady and announce cuts later in the year.
Infometrics Principal Economist Brad Olsen says the Reserve Bank needs to lay the groundwork for future rate cuts.
"The economy is in a darker place - but the Reserve Bank backed itself into a corner, all bets are off at the moment."
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With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Brad Olsen: Infometrics Principal Economist ahead of divisive OCR update

Over in the UK, several Labour MPs have deleted their X accounts amid concerns about the platform.

A group of newly-elected MPs have raised the alarm about the role X (formerly Twitter) played in spreading misinformation and harm during the far-right-led riots across the nation.

UK correspondent Enda Brady says this could start a discussion about the role social media platforms can play during times of unrest.

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Over in the UK, several Labour MPs have deleted their X accounts amid concerns about the platform.
A group of newly-elected MPs have raised the alarm about the role X (formerly Twitter) played in spreading misinformation and harm during the far-right-led riots across the nation.
UK correspondent Enda Brady says this could start a discussion about the role social media platforms can play during times of unrest.
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Enda Brady: UK correspondent on UK MPs deleting their X accounts to protest Elon Musk

Tonight on The Huddle, broadcaster Paddy Gower and Tim Wilson from Maxim Institute joined in on a discussion about the following issues of the day - and more! 

The country's largest gas user, Methanex, will shut its plant until the end of October and has agreed to sell the gas to power companies Contact and Genesis. Given the options we had, is this the best out of a bad bunch?

The Government is giving the green light to gene editing - and will overhaul laws that ban genetic engineering in NZ. How do you feel about that? Do we have to move with the times or is there danger for our exporters in being associated with GE?

The NZ Herald will not run a planned ad from the Hobson's Pledge lobby group - after massive backlash about last week's full page front page ad. Freedom of Speech campaigners are upset - does this show that the publisher of the Herald is pulling punches?

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Tonight on The Huddle, broadcaster Paddy Gower and Tim Wilson from Maxim Institute joined in on a discussion about the following issues of the day - and more! 
The country's largest gas user, Methanex, will shut its plant until the end of October and has agreed to sell the gas to power companies Contact and Genesis. Given the options we had, is this the best out of a bad bunch?
The Government is giving the green light to gene editing - and will overhaul laws that ban genetic engineering in NZ. How do you feel about that? Do we have to move with the times or is there danger for our exporters in being associated with GE?
The NZ Herald will not run a planned ad from the Hobson's Pledge lobby group - after massive backlash about last week's full page front page ad. Freedom of Speech campaigners are upset - does this show that the publisher of the Herald is pulling punches?
LISTEN ABOVE

The Huddle: Can we find a solution to our energy shortage?

On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 13 August 2024, Contact Energy CEO Mike Fuge tells Heather about the deal his company struck with Methanex to secure the country's gas supply.

We're back in court at the Polkinghorne trial where the pathologist who examined Pauline Hanna's injuries gave evidence.

The Government's given the green light to gene editing.

The Huddle debates whether the Herald should have run an ad by lobby group Hobson's Pledge on its front page - and whether it was a mistake to pull the next ad because of the complaints that followed.

Plus, why are there no rock bands who make it to No. 1 in the charts anymore?

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

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On the Heather du Plessis-Allan Drive Full Show Podcast for Tuesday, 13 August 2024, <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/mike-fuge-contact-energy-ceo-on-methanex-temporarily-shutting-down-new-zealand-operations/">Contact Energy CEO Mike Fuge tells Heather about the deal his company struck with Methanex to secure the country's gas supply.</a>
We're back in court at the Polkinghorne trial <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/chelsea-daniels-zb-reporter-on-the-forensic-pathologist-who-examined-pauline-hannas-body-giving-evidence-at-polkinghorne-murder-trial/">where the pathologist who examined Pauline Hanna's injuries gave evidence.</a>
The Government's <a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/richard-scott-agresearch-science-team-lead-on-the-government-lifting-bans-on-gene-technology/">given the green light to gene editing.</a>
The Huddle<a href="https://www.newstalkzb.co.nz/on-air/heather-du-plessis-allan-drive/audio/the-huddle-can-we-find-a-solution-to-our-energy-shortage/"> debates whether the Herald should have run an ad by lobby group Hobson's Pledge on its front page - and whether it was a mistake to pull the next ad because of the complaints that followed.</a>
Plus, why are there no rock bands who make it to No. 1 in the charts anymore?
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.
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Brad Olsen: Infometrics Principal Economist ahead of divisive OCR update

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