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Food, booze push up Dec spending
Business

Food, booze push up Dec spending

New Zealanders have been spending up on food and liquor in the lead up to Christmas, according to Paymark, which says spending through its network during the first seven days of December was up almost nine per cent on the same week the year before.

Markets expect increase in OCR
Business

Markets expect increase in OCR

When it releases its monetary policy statement on Thursday the Reserve Bank is expected to turn up the volume on its warning that it is preparing to remove the support of ultra-low interest rates in place since the recession.