The Reserve Bank has kept the Official Cash Rate at 5.5 per cent – and has stressed that our fight against inflation is not yet done.  

This comes as the country prepares for the new Government to step in and start making the big changes that were promised on the campaign trail.  

Luxon has pledged to slash public sector spending and has already done away with the Productivity Commission. He has further said that he wants to reduce the size of the public sector by around 5 per cent, meaning there’ll be far more jobs to go. 

So how much trouble is our economy in? Are there any signs that we could soon get relief from high mortgage rates? And will the widespread cuts to the public sector help or hinder the country?     

Today, Jenée Tibshraeny, NZ Herald Wellington business editor, wades into the messy economic picture facing the incoming Government.

Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.

You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.

Host: Damien Venuto
Producer: Paddy Fox
Executive Producer: Ethan Sills

The Reserve Bank has kept the Official Cash Rate at 5.5 per cent – and has stressed that our fight against inflation is not yet done.     This comes as the country prepares for the new Government to step in and start making the big changes that were promised on the campaign trail.     Luxon has pledged to slash public sector spending and has already done away with the Productivity Commission. He has further said that he wants to reduce the size of the public sector by around 5 per cent, meaning there’ll be far more jobs to go. 
So how much trouble is our economy in? Are there any signs that we could soon get relief from high mortgage rates? And will the widespread cuts to the public sector help or hinder the country?        Today, Jenée Tibshraeny, NZ Herald Wellington business editor, wades into the messy economic picture facing the incoming Government.
Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts.
You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network.
Host: Damien Venuto Producer: Paddy Fox Executive Producer: Ethan Sills

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day. 

Keeping up to date with the news just became a little easier. Available every weekday at 5am, tune in as Chelsea Daniels chats with the journalists and newsmakers, going behind the headlines to break down what you need to know on the biggest stories of the day.

Every day, The Front Page takes you behind the scenes of the biggest story from the New Zealand Herald. Hosted by Damien Venuto

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