Christopher Luxon: Prime Minister discusses the OCR cut, superannuation, public service leaks

Christopher Luxon remains hopeful the latest cut in the OCR isn't the last.  The Reserve Bank's dropped the Official Cash Rate 25 basis points to 3.25%, and is now forecasting it will reach a low of 2.9 percent in December.  But the Monetary Policy Committee wasn't able to reach a unanimous decision to cut the cash rate.  The Prime Minister told Mike Hosking Acting Governor Christian Hawkesby is dealing with a period of global uncertainty.  He says there's a huge amount of volatility that Hawkesby is navigating, but the economy is turning a corner.  LISTEN ABOVE See omnystudio.com/listener for privacy information.