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

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 the Middle East conflict could do to inflation

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c1799d0b-d9ab-426b-a6e7-b426008857fc/transcript

Iran and the US have accepted Pakistan's proposal to pause fighting two weeks.

UK Prime Minister Keir Starmer's travelling to the Persian Gulf to help shore-up the US and Iran ceasefire.

UK correspondent Gavin Grey says Starmer is set to attend more meetings to ensure the ceasefire lasts - and gets extended.

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Iran and the US have accepted Pakistan's proposal to pause fighting two weeks.
UK Prime Minister Keir Starmer's travelling to the Persian Gulf to help shore-up the US and Iran ceasefire.
UK correspondent Gavin Grey says Starmer is set to attend more meetings to ensure the ceasefire lasts - and gets extended.
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Gavin Grey: UK correspondent on Prime Minister Starmer's response to the US-Iran ceasefire

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/886d00eb-a707-4f71-9f78-b426008c0e10/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/f0562113-6e18-45eb-a59a-b42600863c6f/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/90d54034-0e25-4671-850c-b42600843841/transcript

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

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