Over in Australia, the RBA has moved to lower the Official Cash Rate by 25 basis points from 4.35 percent to 4.1 percent.

This is in line with predictions from economists, who'd noticed inflation had eased in the final quarter of 2024.

Australian correspondent Murray Olds says this will come as good news for homeowners, who have had their mortgage payments skyrocket over the past few months.

LISTEN ABOVE

Over in Australia, the RBA has moved to lower the Official Cash Rate by 25 basis points from 4.35 percent to 4.1 percent.
This is in line with predictions from economists, who'd noticed inflation had eased in the final quarter of 2024.
Australian correspondent Murray Olds says this will come as good news for homeowners, who have had their mortgage payments skyrocket over the past few months.
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

Murray Olds: Australian correspondent on the RBA cutting the OCR to 4.1 percent

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/4d2640bc-b985-4f84-9b8b-b288004432f1/transcript