Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector? 

The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible. 

It's recognised unemployment is high, and businesses aren't producing as much as they could. 

Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot.  

LISTEN ABOVE 

Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector?&nbsp;
The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible.&nbsp;
It's recognised unemployment is high, and businesses aren't producing as much as they could.&nbsp;
Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot. &nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Adrienne Begbie: Prospa Managing Director on the impact of the latest OCR cut

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/75d6adbd-8fed-486c-858e-b33f01702a1c/transcript