close
MENU
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

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Brent Edwards Fri, 11 Oct 2024
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Finance Minister hopes lower OCR will help government books
Politics,
106241
true