The Reserve Bank moved to cut the OCR by 50 basis points in its final decision for 2024.

New Zealand's biggest banks have adjusted their floating rates accordingly - but no significant cuts have been reported yet. 

NZ Herald business editor at large Liam Dann explains further.

LISTEN ABOVE

The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts. 

The Reserve Bank moved to cut the OCR by 50 basis points in its final decision for 2024.
New Zealand's biggest banks have adjusted their floating rates accordingly - but no significant cuts have been reported yet. 
NZ Herald business editor at large Liam Dann explains further.
LISTEN ABOVE
The podcasts in the SME Stream contain general information only, not financial or professional advice. Any opinions expressed in the podcasts are not necessarily shared by BNZ, or its related entities. BNZ is not liable for any losses resulting from the content of the podcasts.

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Save time searching; subscribe to the SME Stream where you can listen to relevant, timely, business-related content today.&nbsp;
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Liam Dann: NZ Herald business editor at large on how the banks responded to latest OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/68d1b89b-9155-409f-b135-b2360143fa60/transcript

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