An expectation of more OCR hikes - with bond yields rising internationally.

10-year New Zealand government bonds are now paying above five percent - the highest level since 2023.

US 30-year Treasury bonds are at their highest point since 2007.

The OCR rose to 2.75 percent two weeks ago.

Westpac Chief Economist Kelly Eckhold told Heather du Plessis-Allan central banks have a lot of work to do next year, so he expects the OCR could be four percent at the end of next year.

LISTEN ABOVE

An expectation of more OCR hikes - with bond yields rising internationally.
10-year New Zealand government bonds are now paying above five percent - the highest level since 2023.
US 30-year Treasury bonds are at their highest point since 2007.
The OCR rose to 2.75 percent two weeks ago.
Westpac Chief Economist Kelly Eckhold told Heather du Plessis-Allan central banks have a lot of work to do next year, so he expects the OCR could be four percent at the end of next year.
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

Kelly Eckhold: Westpac Chief Economist talks fears around bond markets, predicts OCR hikes

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/fc79ae01-e800-4910-8f5a-b4c5007eaecd/transcript

Kiwis are catching on to the benefits of solar panels - and demand's spiking.

Solar company Electrify Nelson says inquiries have gone up a couple-of-hundred percent on a year ago.

But the industry warns we need about six thousand more trained electricians - across the country - to do the work.

Rewiring Aotearoa Chief Executive, Mike Casey told Heather du Plessis-Allan he hopes interest will continue over time.

He says oil shortages because of the Iran war is keeping demand high - with energy prices climbing.

He says solar is the one reprieve Kiwis get.

LISTEN ABOVE

Kiwis are catching on to the benefits of solar panels - and demand's spiking.
Solar company Electrify Nelson says inquiries have gone up a couple-of-hundred percent on a year ago.
But the industry warns we need about six thousand more trained electricians - across the country - to do the work.
Rewiring Aotearoa Chief Executive, Mike Casey told Heather du Plessis-Allan he hopes interest will continue over time.
He says oil shortages because of the Iran war is keeping demand high - with energy prices climbing.
He says solar is the one reprieve Kiwis get.
LISTEN ABOVE

Mike Casey: Rewiring Aotearoa CEO on shortage of electricians as solar panel demand soars

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/2434e2b1-039c-4356-b390-b4c5008837a3/transcript

Auckland Transport's confident the new City Rail Link can cope with hordes of Warriors supporters heading to Sunday's game. 

The network faced its first weekday today - recording about 72-and-a-half thousand train journeys as of five this evening. 

It will be put to the test again this weekend - with 55 thousand fans headed to Eden Park to watch the Warriors take on the Newcastle Knights. 

Public Transport director Richard Harrison told Heather du Plessis-Allan extra trains will be running - and there will be buses to the stadium from the North Shore. 

He says those with tickets to the game can get free travel from 2pm. 

LISTEN ABOVE

Auckland Transport's confident the new City Rail Link can cope with hordes of Warriors supporters heading to Sunday's game.&nbsp;
The network faced its first weekday today - recording about 72-and-a-half thousand train journeys as of five this evening.&nbsp;
It will be put to the test again this weekend - with 55 thousand fans headed to Eden Park to watch the Warriors take on the Newcastle Knights.&nbsp;
Public Transport director Richard Harrison told Heather du Plessis-Allan extra trains will be running - and there will be buses to the stadium from the North Shore.&nbsp;
He says those with tickets to the game can get free travel from 2pm.&nbsp;
LISTEN ABOVE

Richard Harrison: Auckland Transport Public Transport Director on CRL first weekday, Warriors this weekend

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bc6d3fd4-973e-41a9-a9c8-b4c500846a0f/transcript

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Monday 14 September.

Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Listen to the Heather du Plessis-Allan Drive Full Show Podcast for Monday 14 September. 
Get the Heather du Plessis-Allan Drive Full Show Podcast every weekday evening on iHeartRadio, or wherever you get your podcasts.

Full Show Podcast: 14 September 2026 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4c573e2d-cc8a-44f0-b0cf-b4c50076c15a/transcript

Kelly Eckhold: Westpac Chief Economist talks fears around bond markets, predicts OCR hikes

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