The Reserve Bank's kept the OCR unchanged at 2.25% and isn't forecasting any change until the end of the year. 

Governor Anna Breman says inflation should be back within target this quarter. 

She says the economy fundamentals are consistent with inflation falling to, and remaining at, 2% over the medium term. 

Infometrics Principal Economist Brad Olsen told Mike Hosking the Governor is playing with a pretty straight bat. 

He says it’s a tricky balance, as the economy doesn’t quite feel like it has recovery momentum, and they don’t want to cut that off at the knees by spooking anyone, but they do have to be focused on inflation. 

LISTEN ABOVE 

The Reserve Bank's kept the OCR unchanged at 2.25% and isn't forecasting any change until the end of the year.&nbsp;
Governor Anna Breman says inflation should be back within target this quarter.&nbsp;
She says the economy fundamentals are consistent with inflation falling to, and remaining at, 2% over the medium term.&nbsp;
Infometrics Principal Economist Brad Olsen told Mike Hosking the Governor is playing with a pretty straight bat.&nbsp;
He says it’s a tricky balance, as the economy doesn’t quite feel like it has recovery momentum, and they don’t want to cut that off at the knees by spooking anyone, but they do have to be focused on inflation.&nbsp;
LISTEN ABOVE&nbsp;

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, 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

Brad Olsen: Infometrics Principal Economist on the OCR being held at 2.25%

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/491e06c4-1f55-495c-b539-b3f5014d0c21/transcript

Kiwibank’s CEO is hoping the Reserve Bank will hold off on raising the Official Cash Rate tomorrow. 

Economists are expecting it to be held at 2.25%, with markets pricing in moves later in the year. 

It comes as the economy remains flat, with inflation, housing, global tensions, and weak spending all testing resilience. 

Kiwibank CEO Steve Jurkovich told Mike Hosking the economy is way too weak to cope with an increase to the OCR, as the inflation is coming from things outside of the usual set of worries.  

LISTEN ABOVE 

Kiwibank’s CEO is hoping the Reserve Bank will hold off on raising the Official Cash Rate tomorrow.&nbsp;
Economists are expecting it to be held at 2.25%, with markets pricing in moves later in the year.&nbsp;
It comes as the economy remains flat, with inflation, housing, global tensions, and weak spending all testing resilience.&nbsp;
Kiwibank CEO Steve Jurkovich told Mike Hosking the economy is way too weak to cope with an increase to the OCR, as the inflation is coming from things outside of the usual set of worries. &nbsp;
LISTEN ABOVE&nbsp;

Steve Jurkovich: Kiwibank CEO gives economic lay of the land ahead of Budget, OCR announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/a86adf20-13c5-43fd-8c04-b4550171f4d0/transcript

Netball New Zealand officially has a new CEO. 

Tātaki Auckland Unlimited deputy chairwoman Jennah Wootten has been appointed to the role, taking over from interim CEO Jane Patteron in August. 

Her appointment follows a troubled year for Netball NZ, including the resignation of former CEO Jennie Wyllie, the situation surrounding Silver Ferns coach Dame Noeline Taurua, and their struggles to find a new broadcast deal for the ANZ Premiership. 

Wootten has plenty of experience in both the business and leadership side of things, and she told Mike Hosking they’ll be helpful in ensuring the sport and the organisation can reach its full potential. 

She says there will be a focus on ensuring the grassroots game is thriving, and that the elite competition is doing incredible things, but a big focus for her coming into the role will be the commercial pressures.  

And one of those pressures is broadcasting, with the current ANZ Premiership deal set to end at the end of this year. 

Wootten told Hosking the Board and team at Netball NZ are working really hard to find a solution, but things aren’t yet at a place where they can be shared publicly.  

“We want to make sure that we have got as many eyeballs on the sport as possible, because that helps all of us into the future.”  

LISTEN ABOVE 

Netball New Zealand officially has a new CEO.&nbsp;
Tātaki Auckland Unlimited deputy chairwoman Jennah Wootten has been appointed to the role, taking over from interim CEO Jane Patteron in August.&nbsp;
Her appointment follows a troubled year for Netball NZ, including the resignation of former CEO Jennie Wyllie, the situation surrounding Silver Ferns coach Dame Noeline Taurua, and their struggles to find a new broadcast deal for the ANZ Premiership.&nbsp;
Wootten has plenty of experience in both the business and leadership side of things, and she told Mike Hosking they’ll be helpful in ensuring the sport and the organisation can reach its full potential.&nbsp;
She says there will be a focus on ensuring the grassroots game is thriving, and that the elite competition is doing incredible things, but a big focus for her coming into the role will be the commercial pressures. &nbsp;
And one of those pressures is broadcasting, with the current ANZ Premiership deal set to end at the end of this year.&nbsp;
Wootten told Hosking the Board and team at Netball NZ are working really hard to find a solution, but things aren’t yet at a place where they can be shared publicly. &nbsp;
“We want to make sure that we have got as many eyeballs on the sport as possible, because that helps all of us into the future.” &nbsp;
LISTEN ABOVE&nbsp;

Jennah Wootten: New Netball New Zealand CEO on her plans for the sport, broadcasting deals

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/8ce2631d-5460-44ea-afa2-b455016cc7ea/transcript

This past dairy season is all-but-confirmed as record breaking but remaining at those lofty heights will be farmers' next challenge.  

Rabobank expects milk supply to stay elevated into 2026-27, with farmgate prices forecast between $9.50 and $10 per kilogram. 

But rising inflation could squeeze margins. 

Fonterra Co-Operative Council Chair John Stevenson told Mike Hosking in terms of returns, there’s no doubt it’s a good time. 

He says they’ve seen strong milk prices and Fonterra farmers have seen strong returns on their shares, but the thing to look out for are input costs, which are continuing to creep up. 

LISTEN ABOVE 

This past dairy season is all-but-confirmed as record breaking but remaining at those lofty heights will be farmers' next challenge. &nbsp;
Rabobank expects milk supply to stay elevated into 2026-27, with farmgate prices forecast between $9.50 and $10 per kilogram.&nbsp;
But rising inflation could squeeze margins.&nbsp;
Fonterra Co-Operative Council Chair John Stevenson told Mike Hosking in terms of returns, there’s no doubt it’s a good time.&nbsp;
He says they’ve seen strong milk prices and Fonterra farmers have seen strong returns on their shares, but the thing to look out for are input costs, which are continuing to creep up.&nbsp;
LISTEN ABOVE&nbsp;

John Stevenson: Fonterra Co-Operative Council Chair on farmgate milk prices forecast to hit between $9.50 and $10

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bf6e8772-53e1-4c29-bda9-b4550162c060/transcript

Brad Olsen: Infometrics Principal Economist on the OCR being held at 2.25%

In 1 playlist(s)

The Mike Hosking Breakfast

Social links

Follow podcast

Recent clips