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Now Playing: Official interest rates slashed to 5% (2:53)
Source: ONE News
The Reserve Bank has pushed official interest rates to their lowest level in five years, slashing them by a remarkable 1.5 percentage points to 5%
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Now Playing: Dr Ganesh Nana on the OCR cut ()
The Reserve Bank has cut the Official Cash Rate by the biggest margin ever. Economist Dr Ganesh Nana talks to TVNZ
TVNZ Ondemand Video
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15 - Back Benches (0:51:24)
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Q + A - 20 May 12 (0:54:29)
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Back Benches 14 - Series 8, Episode 14 (0:51:08)
Business News
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Budget to send Kiwis overseas - opposition (1:18)
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KiwiSaver enrolments delayed (1:46)
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Budget a case of 'nip and tuck' (1:12)