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Reserve Bank: OCR cut to 3.25pc

The Reserve Bank has this morning cut the benchmark rate a quarter-point and signalled more may be on the way as the dairy sector's weak outlook weighed on the nation's terms of trade and threatened to delay an increase in inflation from its near-zero level. The New Zealand dollar dropped almost a cent.

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Loading Docs: The man outside
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Loading Docs: The man outside

A young woman’s life turns into a nightmare when she realises her ex-boyfriend is stalking her. Loading Docs is a Notable Pictures initiative made with support from NZ On Air.