Best of Business

Mark Smith: ASB Senior Economist on next month's OCR forecast

3 min · 26 de jun de 2026
Portada del episodio Mark Smith: ASB Senior Economist on next month's OCR forecast

Descripción

ASB has joined Westpac in predicting the Reserve Bank will keep the Official Cash Rate on hold next month. The outlook has been revised after they previously predicted a hike when it's next reviewed on July 8th. However, ASB Senior Economist Mark Smith told Heather du Plessis-Allan that it'll be another close vote to stay at 2.25%. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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Portada del episodio Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies

Paul Fuge: Consumer NZ spokesperson on the number of Kiwis switching power companies

Kiwis are often told to look for the best deals on power, and they're not afraid to swap providers for a better price. So who's winning and who's losing the battle for those customers? Data from the Electricity Authority shows that Genesis Energy is the biggest loser here, with the company losing a net 35,015 customers in the year to June. Nova lost 9059, Manawa 3329 and Mercury 2706. On the opposite end, Contact gained 20,577, Electric Kiwi gained 11,590 and Meridian gained 10,288.  Consumer NZ Paul Fuge says the energy market is quite volatile, and many companies have been making changes to keep up. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

16 de jul de 20264 min