Kiwibank has already made a cut ahead of this afternoon’s OCR announcement. 

The Reserve Bank is set to announce a cut to the Official Cash Rate, with economists and the market predicting a cut of 50 basis points. 

Kiwibank has taken 50 basis points off their floating loan rates, potentially pre-empting the bank’s decision.  

CEO Steve Jurkovich told Mike Hosking that they’d be disappointed if the Reserve Bank were to only cut by 25 points. 

He said that people, businesses, and their customers are really, really hoping for 50, and he thinks it's the right thing to do. 

LISTEN ABOVE 

Kiwibank has already made a cut ahead of this afternoon’s OCR announcement.&nbsp;
The Reserve Bank is set to announce a cut to the Official Cash Rate, with economists and the market predicting a cut of 50 basis points.&nbsp;
Kiwibank has taken 50 basis points off their floating loan rates, potentially pre-empting the bank’s decision. &nbsp;
CEO Steve Jurkovich told Mike Hosking that they’d be disappointed if the Reserve Bank were to only cut by 25 points.&nbsp;
He said that people, businesses, and their customers are really, really hoping for 50, and he thinks it's the right thing to do.&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

Steve Jurkovich: Kiwibank CEO ahead of the Official Cash Rate announcement

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/99065fab-e116-4b1a-9d88-b203016dc0ce/transcript

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