The Reserve Bank made headlines this week by raising the official cash rate by 50 basis points despite the impact of Cyclone Gabrielle.
The OCR now sits at 4.75 per cent, its highest level since 2008, and the impact of this will eventually feed into the economy as fixed mortgage rates expire.
Speaking to Thomas and NZ Herald Wellington Business Editor, Jenée Tibshraeny, Deputy Reserve Bank Governor Christian Hawkesby admits that getting the balance right in the fight against inflation can be tricky.

The Reserve Bank made headlines this week by raising the official cash rate by 50 basis points despite the impact of Cyclone Gabrielle. The OCR now sits at 4.75 per cent, its highest level since 2008, and the impact of this will eventually feed into the economy as fixed mortgage rates expire. Speaking to Thomas and NZ Herald Wellington Business Editor, Jenée Tibshraeny, Deputy Reserve Bank Governor Christian Hawkesby admits that getting the balance right in the fight against inflation can be tricky.

Each Friday, NZ Herald Deputy Political Editor Thomas Coughlan covers off the biggest political news in New Zealand, going behind the headlines and giving the inside perspective direct from the Beehive, featuring interviews with politicians, press gallery reporters and economic and political experts.

And join us every month for a Local Edition episode with Georgina Campbell, looking at the biggest concerns from a local government level. 

You can find more politics news at nzherald.co.nz/politics/

Each Friday, NZ Herald Deputy Political Editor Thomas Coughlan covers off the biggest political news in New Zealand, going behind the headlines and giving the inside perspective direct from the Beehive, featuring interviews with politicians, press gallery reporters and economic and political experts.
And join us every month for a Local Edition episode with Georgina Campbell, looking at the biggest concerns from a local government level.  You can find more politics news at nzherald.co.nz/politics/

Each Friday, NZ Herald Senior Political Reporter Thomas Coughlan covers off the biggest political news in New Zealand, going behind the headlines and giving the inside perspective direct from the Beehive, featuring interviews with politicians, press...

On the Tiles

Episode 43: The Reserve Bank's tight balancing act

Last week, Opposition Spokesperson for Foreign Affairs Hon David Parker gave a speech addressing the state of New Zealand's international relations as part of an event for Diplosphere. 

Thomas chaired a Q&A after the event between Parker and the audience, and On the Tiles presents the full speech by Parker and that Q&A for this week's episode.

Last week, Opposition Spokesperson for Foreign Affairs Hon David Parker gave a speech addressing the state of New Zealand's international relations as part of an event for Diplosphere.&nbsp;
Thomas chaired a Q&amp;A after the event between Parker and the audience, and On the Tiles presents the full speech by Parker and that Q&amp;A for this week's episode.

Labour's David Parker on the state of foreign affairs 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bbaeaad4-28f7-4a74-8d81-b2b4017cad76/transcript

Health care in New Zealand eats up a huge portion of the budget each year, and it's growing - The Government spent 7.3% of GDP on health in the year to June 2024, more than any year outside of Covid. 

Treasury reckons spending is expected to grow to 10% of GDP by 2061 - so how can we get on top of it? 

This week, Thomas is joined by Sir Bill English, who served as Health, Finance and Prime Minister during his time in Parliament, for a long-form discussion on what's needed to fix our health system and get spending under control. 

Health care in New Zealand eats up a huge portion of the budget each year, and it's growing - The Government spent 7.3% of GDP on health in the year to June 2024, more than any year outside of Covid.&nbsp;
Treasury reckons spending is expected to grow to 10% of GDP by 2061 - so how can we get on top of it?&nbsp;
This week, Thomas is joined by Sir Bill English, who served as Health, Finance and Prime Minister during his time in Parliament, for a long-form discussion on what's needed to fix our health system and get spending under control.&nbsp;

Sir Bill English on what's needed to fix the health system 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/32fb9d7f-9b28-429e-8c1d-b2ae00b03738/transcript

In the first political panel catchup for the year, Thomas is joined by Newstalk ZB Political Editor Jason Walls and NZ Herald Wellington Business Editor Jenee Tibshraeny to discuss a hectic period in local politics - ranging from the resignation of Reserve Bank Governor Adrian Orr, the firing of UK High Commissioner Phil Goff, the latest comments by Christopher Luxon, and Labour's reshuffle. 

In the first political panel catchup for the year, Thomas is joined by Newstalk ZB Political Editor Jason Walls and NZ Herald Wellington Business Editor Jenee Tibshraeny to discuss a hectic period in local politics - ranging from the resignation of Reserve Bank Governor Adrian Orr, the firing of UK High Commissioner Phil Goff, the latest comments by Christopher Luxon, and Labour's reshuffle.&nbsp;

Orr to Goff, Marmite to reshuffles: The week that was in politics 

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/e3948793-2e2d-45cd-8c48-b2990038a454/transcript

Episode 43: The Reserve Bank's tight balancing act

In 1 playlist(s)

On the Tiles

Social links

Follow podcast

Recent clips