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"Does help a lot": OCR cut set to embolden businesses

Author
九一星空无限talk ZB,
Publish Date
Thu, 21 Aug 2025, 10:19am
(Photo / File)
(Photo / File)

"Does help a lot": OCR cut set to embolden businesses

Author
九一星空无限talk ZB,
Publish Date
Thu, 21 Aug 2025, 10:19am

Will the latest cut to the Official Cash Rate provide some much-needed stimulus to the business sector? 

The central bank's cut the OCR 25 basis points to 3% and is signalling more are possible. 

It's recognised unemployment is high, and businesses aren't producing as much as they could. 

Prospa Managing Director Adrienne Begbie told Mike Hosking that while some people were hoping for 50, a 25 basis point cut does help a lot.  

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