Many mortgage holders will be relieved to hear that the OCR has been brought down by an addition 50 basis points.

Despite this, one expert is warning that borrowers might need to keep their enthusiasm about the interest rates in check.

NZ Herald Wellington business editor Jenee Tibshraeny explained that there were other factors impacting interest rates.

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Many mortgage holders will be relieved to hear that the OCR has been brought down by an addition 50 basis points.
Despite this, one expert is warning that borrowers might need to keep their enthusiasm about the interest rates in check.
NZ Herald Wellington business editor Jenee Tibshraeny explained that there were other factors impacting interest rates.
LISTEN ABOVE

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

Jenee Tibshraeny: NZ Herald Wellington business editor on what today's OCR cut means for mortgages

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6aeeb417-aa12-46b4-8d8a-b235007f710a/transcript

The UK is moving closer towards the vote on the new assisted dying bill - but some former leaders don't approve.

Boris Johnson, Liz Truss and Baroness May are among the former Prime Ministers who have joined the voices opposing the bill.

UK correspondent Kay Oliver says the current Health Secretary and Justice Secretary also don't support the bill - and it's unclear if it will pass.

LISTEN ABOVE

The UK is moving closer towards the vote on the new assisted dying bill - but some former leaders don't approve.
Boris Johnson, Liz Truss and Baroness May are among the former Prime Ministers who have joined the voices opposing the bill.
UK correspondent Kay Oliver says the current Health Secretary and Justice Secretary also don't support the bill - and it's unclear if it will pass.
LISTEN ABOVE

Kay Oliver: UK correspondent on multiple conservative Prime Ministers voicing opposition to assisted dying bill

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/50ffc8f6-214c-43cf-96ee-b2350085b80a/transcript

The OCR was slashed by 50 basis points today - but some markets believe it could have gone lower.

Some experts believed a chunkier 75 point cut was on the way before the Reserve Bank took its summer break.

Milford Asset Management Portfolio Manager Katlyn Parker unpacked the response further.

LISTEN ABOVE

The OCR was slashed by 50 basis points today - but some markets believe it could have gone lower.
Some experts believed a chunkier 75 point cut was on the way before the Reserve Bank took its summer break.
Milford Asset Management Portfolio Manager Katlyn Parker unpacked the response further.
LISTEN ABOVE

Katlyn Parker: Milford Asset Management Portfolio Manager on the market response to end-of-year OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/416f87db-2f99-4283-8efe-b2350083bf86/transcript

A plan to relocate the flood-prone West Coast town of Westport is being considered.

Westport has been repeatedly inundated by flooding - with disasters escalating further in recent years.

Buller mayor Jamie Cleine says this will be a gradual process, and other ideas to keep the town safe have been considered.

LISTEN ABOVE

A plan to relocate the flood-prone West Coast town of Westport is being considered.
Westport has been repeatedly inundated by flooding - with disasters escalating further in recent years.
Buller mayor Jamie Cleine says this will be a gradual process, and other ideas to keep the town safe have been considered.
LISTEN ABOVE

Jamie Cleine: Buller mayor on the plan to potentially relocate Westport

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8730cd08-8de3-41b8-93c6-b23500816952/transcript

Jenee Tibshraeny: NZ Herald Wellington business editor on what today's OCR cut means for mortgages

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