The Reserve Bank has lifted the Official Cash Rate by 50 basis points to 3 per cent - its highest level since 2015.

The RBNZ now sees the OCR peaking at 4.1 per cent as it fights inflation pressure. Previously it had forecast a peak of 3.95 per cent.

Labour has overtaken National again in the latest Curia-Taxpayers Union poll which saw National and its leader Christopher Luxon take a dive in popularity.

There is more bad news for Luxon, whose favourability had just dropped into negatives for the first time since becoming National leader - his favourability of -1 per cent is now closer to Act leader David Seymour's than Labour leader Jacinda Ardern's.

Newstalk ZB Political Editor Barry Soper joined Heather du Plessis-Allan to discuss as well as today's developments in the Dr. Gaurav Sharma saga.

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