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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
5 mins to read

Finance Minister hopes lower OCR will help government books

She says lower interest rates will have a significant impact on households and businesses.

WATCH: Minister of Finance Nicola Willis speaks with Brent Edwards.

Brent Edwards Fri, 11 Oct 2024

Finance Minister Nicola Willis had reason to smile this week when the Reserve Bank cut the official cash rate by 50 basis points.

Willis also had reason to repeat her lecture about fiscal discipline when the Government’s financial statements for 2023/24 revealed a $12.9 billion deficit excluding

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Brent Edwards Fri, 11 Oct 2024
Contact the Writer: brent@nbr.co.nz
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Finance Minister hopes lower OCR will help government books
Politics,
106241
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