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Midday Report for Thursday 21 July 2016
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Midday News for 21 July 2016
12:00 PM.The Reserve Bank signals further interest rate cuts are on the way and there's speculation that US Vice President Joe Biden will soon announce the first US warship visit in over 30 years. Audio
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RBNZ update backs lower interest rates outlook
12:17 PM.The Reserve Bank's statement this morning highlighting its concerns over low inflation, a high currency and significant global risks have cemented expectations of an interest rate cut next month. Audio
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Migration hits further highs
12:19 PM.Migration remains at record levels but an economist believes that may be coming to an end. Audio
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Midday Markets for 21 July 2016
12:23 PM.For the latest from the markets we're joined by Angus Marks at First NZ Capital. Audio
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Business briefs
12:25 PM.The ANZ Bank says it will comply with the spirit of the Reserve Bank's proposed mortgage lending restrictions, which are to take effect on September the 1st. Audio
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Midday Sports News for 21 July 2016
12:26 PM.The All Blacks winger Julian Savea has been dropped for the Hurricanes Super Rugby quarter-final against the Sharks. Audio
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