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Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on hold

6 min · 3. kesä 2026
jakson Jenee Tibshraeny: NZ Herald Wellington business editor on why the Reserve Bank left the OCR on hold kansikuva

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Higher mortgage rates have given the Reserve Bank a 'bit of breathing space', its chief economist says. Paul Conway, one of the Reserve Bank committee members who voted to keep the OCR on hold last week, said the market is doing some of the work for the central bank. NZ Herald Wellington business editor Jenee Tibshraeny explained further. LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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jakson Nicola Willis: Finance Minister on what the US-Iran peace deal means for fuel prices and the economy kansikuva

Nicola Willis: Finance Minister on what the US-Iran peace deal means for fuel prices and the economy

News of a peace agreement to be signed this between Iran and the US is prompting optimism about fuel prices and the global economy, but the Finance Minister is staying cautious. Both sides have agreed a deal, to be formally signed in Switzerland on Friday - and it's understood the the Strait of Hormuz will reopen and 60 days of nuclear negotiations will commence. Nicola Willis says there's been breakthroughs followed by backsliding over the last few months as the conflict continued.  "I'm steeled for possibly bad news, but hopeful this is going to stick because we've already seen the global oil price come down pretty significantly as a result, and I'd love to see it keep coming down."  LISTEN ABOVE See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

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