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Focus: Reserve Bank delivers double OCR hike


Business Editor-at-Large Liam Dann explains the Official Cash Rate, and why the Reserve Bank has decided to raise the OCR to 1.5 per cent. Video / Cameron Pitney / Getty

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Kaiapoi house fire
New Zealand

Kaiapoi house fire

A house fire in Kaiapoi, north of Christchurch, spread into a neighbouring property. March 12, 2025. Video / Supplied