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Prime Minister Christopher Luxon and Finance Minister Nicola Willis on the lower OCR

The Reserve Bank has cut the official cash rate by 25 basis points to 5.25%. It is the first cut since March 2020.

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Rotorua Club turns 100
New Zealand

Rotorua Club turns 100

It started with a group of eight men wanting to set up a club, now 100 years later the Rotorua Club has more than 400 members and is still going strong.