First interest rate review after the Christchurch quake
Audio, Radio New Zealand
RNZ Business Editor live from the Reserve Bank, where Governor Alan Bollard is reviewing interest rates, the first scheduled window since the Christchurch earthquake.
RNZ Business Editor live from the Reserve Bank, where Governor Alan Bollard is reviewing interest rates, the first scheduled window since the Christchurch earthquake.
The Reserve Bank Governor says he has acted pre-emptively in cutting the official cash rate to guard against the risk that the economic impact of the Christchurch earthquake might become especially severe. Are we in for an oil shock or not?
A review of the week's news including: national earthquake memorial service announced, former defence chief to be new Governor General, Reserve Bank slashes official cash rate, Christchurch businesses say OCR cut alone won't save them, mounting concern over Christchurch World Cup prospects, government says 10,000 Christchurch homes will be demolished, alarm over possibility of mass demolition in CBD, international crews head home, petrol prices at three year high, Pike River mine receivers take control from police and boulder sold for thousands in aid of Christchurch