The economy can absorb more official cash rate rises after the Reserve Bank’s 25 basis point lift, Bagrie Economics lead economist Cameron Bagrie says.

He says with inflation at 4.1% and core measures sitting about 3 to 3.5%, outside the 1 to 3% target band, the OCR definitely needed to go up.

He says the South Island is in better shape than most realise, driven by an export-led recovery rather than selling more expensive houses to each other.

Read the full story: country-wide.co.nz/economist-says-ocr-hike-is-justified-and-economy-can-absorb-more-rises

 

WANT TO LISTEN TO THE SHOW LIVE (11am-1pm NZST) ON THE GO? Download CountryWide Connect mobile app to stream the show via Apple Car Play or Android Auto. Or try the voice command ‘Play CountryWide Connect’ on Amazon Alexa or Google Home.

 

Apple:https://apps.apple.com/nz/app/countrywide-connect/id6761033881

Google Play:https://play.google.com/store/apps/details?id=nz.co.countrywide&hl=en_NZ

The economy can absorb more official cash rate rises after the Reserve Bank’s 25 basis point lift, Bagrie Economics lead economist Cameron Bagrie says.
He says with inflation at 4.1% and core measures sitting about 3 to 3.5%, outside the 1 to 3% target band, the OCR definitely needed to go up.
He says the South Island is in better shape than most realise, driven by an export-led recovery rather than selling more expensive houses to each other.
Read the full story: <a href="https://country-wide.co.nz/economist-says-ocr-hike-is-justified-and-economy-can-absorb-more-rises/">country-wide.co.nz/economist-says-ocr-hike-is-justified-and-economy-can-absorb-more-rises</a>
&nbsp;
WANT TO LISTEN TO THE SHOW LIVE (11am-1pm NZST) ON THE GO? Download CountryWide Connect mobile app to stream the show via Apple Car Play or Android Auto. Or try the voice command &lsquo;Play CountryWide Connect&rsquo; on Amazon Alexa or Google Home.
&nbsp;
Apple: <a href="https://apps.apple.com/nz/app/countrywide-connect/id6761033881">https://apps.apple.com/nz/app/countrywide-connect/id6761033881</a>
Google Play: <a href="https://play.google.com/store/apps/details?id=nz.co.countrywide&amp;hl=en_NZ">https://play.google.com/store/apps/details?id=nz.co.countrywide&amp;hl=en_NZ</a>

CountryWide CONNECT is the latest innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am – 1pm Monday-Friday from Christchurch, New Zealand.


The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah’s Country & Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).


Over two hours, Sarah & Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!

For more information & to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT is the latest innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am &ndash; 1pm Monday-Friday from Christchurch, New Zealand.
 The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah&rsquo;s Country &amp; Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).
 Over two hours, Sarah &amp; Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!
For more information &amp; to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT

CountryWide CONNECT is an innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am – 1pm Monday-Friday from Christchurch, New Zealand.


The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah’s Country & Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).


Over two hours, Sarah & Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!

For more information & to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT is an innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am &ndash; 1pm Monday-Friday from Christchurch, New Zealand.
 The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah&rsquo;s Country &amp; Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).
 Over two hours, Sarah &amp; Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!
For more information &amp; to subscribe to CountryWide, visit www.country-wide.co.nz