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Politics Thursday: Ginny Andersen and Mike Butterick discuss OCR, Gumboot Friday contract

Publish Date
Thu, 10 Oct 2024, 3:44pm
Reserve Bank Governor Adrian Orr. Photo / Mark Mitchell
Reserve Bank Governor Adrian Orr. Photo / Mark Mitchell

Politics Thursday: Ginny Andersen and Mike Butterick discuss OCR, Gumboot Friday contract

Publish Date
Thu, 10 Oct 2024, 3:44pm

There was good news for mortgage holders yesterday as the Reserve Bank lowered the official cash right by 50 basis points. Are our politicians hoping for another 50 basis point drop later this year? 

Also, the Auditor General is highly critical of a $24m contract awarded to Mike King's Gumboot Friday charity without a competitive process. Was the government out of line? 

To answer those questions, Labour's police spokesperson Ginny Andersen and National's Wairarapa MP Mike Butterick joined Nick Mills for Politics Thursday. 

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