The Reserve Bank shocked a lot of us last month when it cut the OCR by 50 basis points down to 2.5%.

Analysts have said that the RBNZ was reading the room and giving kiwis a much needed breather after years of high rates. 

Early signs are showing it's starting to have an effect - with the GDP estimate for the September quarter pointing to 0.6% growth and many banks forecasting an optimistic remainder of the year. 

LISTEN ABOVE

The Reserve Bank shocked a lot of us last month when it cut the OCR by 50 basis points down to 2.5%.
Analysts have said that the RBNZ was reading the room and giving kiwis a much needed breather after years of high rates.&nbsp;
Early signs are showing it's starting to have an effect - with the GDP estimate for the September quarter pointing to 0.6% growth and many banks forecasting an optimistic remainder of the year.&nbsp;
LISTEN ABOVE

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you. Our industry experts give us their top tips on a wide selection of topics including mortgage rates, stock, savings, goal-setting and retirement.

Looking to make sense of your dollars? Newstalk ZB’s Smart Money delves into the deep, dark recesses of unwanted debt, traverses the highs and lows of investments and helps to ensure you money works for you.

Smart Money

Hamish Pepper: The NZ economy is finally recovering

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b01cd623-f992-43c2-9146-b39000529ad5/transcript

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