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![Bollard turns focus on to tax reform](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard turns focus on to tax reform
Reserve Bank Governor Alan Bollard has singled out tax reform as an important tool in tackling our economic challenges.
![Bollard leaves OCR steady](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard leaves OCR steady
Alan Bollard has left the OCR unchanged at 2.5pc. The pick-up in economy may drive an early rate hike next year.
![Bollard leaves OCR steady](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Bollard leaves OCR steady
Interest rates have been left on hold by the Reserve Bank this morning.
![US shares slide as shoppers spend less](/pf/resources/images/placeholders/placeholder_l.png?d=793)
US shares slide as shoppers spend less
Shares on Wall Street have edged lower as US consumers held back on purchases at the start of the holiday shopping season.
![Dubai stocks dive as crisis hits](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Dubai stocks dive as crisis hits
Dubai's main stock exchange dropped more than 7 per cent yesterday.
![Catching Oz not possible without slashing Govt spending - Brash](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Catching Oz not possible without slashing Govt spending - Brash
Govt spending would have to be slashed by $9 billion for NZ to catch Australia in the wealth stakes, Don Brash said today.
![<i>2025 Report:</i> Brash comes up with predictable prescription](/pf/resources/images/placeholders/placeholder_l.png?d=793)
<i>2025 Report:</i> Brash comes up with predictable prescription
The 2025 taskforce report, on ways to catch up with Australia, presents radical suggestions to cut taxes and government spending.