In a predictable move, the OCR remained unchanged.

Yesterday the Reserve Bank announced it would continue to be held at 5.5% and are hinting headline inflation could return to its 3% target in a matter of months.

Former Reserve Bank Economist Michael Reddell told Andrew Dickens that the statement was a shift in the right direction.

He said that it was very different in tone from the one they made six weeks ago, in which they had mentioned possible rate hikes later this year and not beginning to cut until August of next year.

It’s all over the place, he said, but shifting in the right direction.

LISTEN ABOVE

In a predictable move, the OCR remained unchanged. 
Yesterday the Reserve Bank announced it would continue to be held at 5.5% and are hinting headline inflation could return to its 3% target in a matter of months. 
Former Reserve Bank Economist Michael Reddell told Andrew Dickens that the statement was a shift in the right direction. 
He said that it was very different in tone from the one they made six weeks ago, in which they had mentioned possible rate hikes later this year and not beginning to cut until August of next year. 
It’s all over the place, he said, but shifting in the right direction. 
LISTEN ABOVE

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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

Michael Reddell: Former Reserve Bank Economist on yesterday's OCR announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/b3329ed2-2289-4dda-bf72-b1a901669e57/transcript

Contractor and consultant spending at Health New Zealand has increased – by $85 million in the financial year to June. 

The increase comes despite a government directive to cut back. 

Health New Zealand’s Chief Clinical Officer Dr Richard Sullivan tells Mike Hosking the bulk of the spending increase covers vacancies and gaps in rosters, with focus on delivering clinical care to communities. 

“We would prefer to have permanent staff [...] but it is the reality of the market at the moment.” 

LISTEN ABOVE 

Contractor and consultant spending at Health New Zealand has increased – by $85 million in the financial year to June.&nbsp;
The increase comes despite a government directive to cut back.&nbsp;
Health New Zealand’s Chief Clinical Officer Dr Richard Sullivan tells Mike Hosking the bulk of the spending increase covers vacancies and gaps in rosters, with focus on delivering clinical care to communities.&nbsp;
“We would prefer to have permanent staff [...] but it is the reality of the market at the moment.”&nbsp;
LISTEN ABOVE&nbsp;

Dr Richard Sullivan: Health New Zealand Chief Clinical Officer on spending increase of $85 million on contractors and consultants

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dfc89fbd-2fba-40c1-8108-b22b0149f178/transcript

President-elect Donald Trump has quickly begun forming the list of people he wants to serve in his cabinet. 

Cabinet comprises of at least 16 positions – the Vice President and head of 15 executive departments. 

US correspondent Richard Arnold tells Mike Hosking Trump is rolling out names in rapid fire, picking oil industry executive-climate denier Chris Wright as energy secretary and Robert F Kennedy Jr as health and human services secretary. 

Plus, there is a big pile of trouble for former Mayor of New York Rudy Giuliani. 

Giuliani has been required to hand over some personal property to election workers who won a $148 million defamation case against him. 

LISTEN ABOVE 

President-elect Donald Trump has quickly begun forming the list of people he wants to serve in his cabinet.&nbsp;
Cabinet comprises of at least 16 positions – the Vice President and head of 15 executive departments.&nbsp;
US correspondent Richard Arnold tells Mike Hosking Trump is rolling out names in rapid fire, picking oil industry executive-climate denier Chris Wright as energy secretary and Robert F Kennedy Jr as health and human services secretary.&nbsp;
Plus, there is a big pile of trouble for former Mayor of New York Rudy Giuliani.&nbsp;
Giuliani has been required to hand over some personal property to election workers who won a $148 million defamation case against him.&nbsp;
LISTEN ABOVE&nbsp;

Richard Arnold: US correspondent on Trump's cabinet appointments and demise of Rudy Giuliani

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/34704f0e-db84-4bae-844c-b22b0147490c/transcript

Churches appear to be hot property on the real estate market. 

One Roof Editor Owen Vaughan tells Mike Hosking there will always be a market for quirky spaces with a sense of reverence. 

However, while converted churches are easy to move into, buyers face a battle on older buildings that are yet to be converted into dwellings. 

LISTEN ABOVE 

Churches appear to be hot property on the real estate market.&nbsp;
One Roof Editor Owen Vaughan tells Mike Hosking there will always be a market for quirky spaces with a sense of reverence.&nbsp;
However, while converted churches are easy to move into, buyers face a battle on older buildings that are yet to be converted into dwellings.&nbsp;
LISTEN ABOVE&nbsp;

Owen Vaughan: One Roof Editor on popularity of churches on property market

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/dd094d0e-4529-4e6d-b154-b22b014164e6/transcript

Michael Reddell: Former Reserve Bank Economist on yesterday's OCR announcement

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