Watch: Reserve Bank leaves OCR on hold

Reserve Bank Governor Graeme Wheeler has announced there will be no change to the Official Cash Rate, which sits at a record low 2.5pc. The financial markets saw no chance the Reserve Bank would raise the official cash rate today so their focus will be on how the accompanying monetary policy statement describes the balance of risks going forward. The kiwi dollar dropped on the news.

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The woes of wool
New Zealand

The woes of wool

Brent Mountford, Federated Farmers Bay of Plenty provincial president, says the state of the wool industry is "the pits". Video / Alex Cairns

'Am I Māori enough?'
New Zealand

'Am I Māori enough?'

Jenni-Lee Reardon has been considering getting her moko kauae for some time and has it booked in for May. She tells journalist Catherine Sylvester her story. Video / Alex Cairns

King tide hits Auckland
New Zealand

King tide hits Auckland

The anticipated king tide has struck Auckland's coasts this morning, as an ongoing threat of flooding continues through the day. Video / Aja Lethaby