National's new deputy leader Gerry Brownlee discusses today's resignations from Nikki Kaye and Amy Adams, his track record in helping Christchurch earthquake claimants, and National's plans for the Auckland Central electorate.
Tonight Christchurch's Bread & Circus Buskers festival is swinging into action, and its promising to lure the biggest crowds to the central city since pre-earthquake times. But organisers admit the festival hasn't escaped its dire financial past, despite new management and a rebrand as the Bread and Circus Festival last year. And it it will still be running at a loss until about 2022. Katie Todd reports.
The Reserve Bank has cut its benchmark interest rate, to support the economy against the impact of the Covid-19 virus. The central bank cut its official cash rate to 0.25 percent from one percent. Governor Adrian Orr says the cut is necessary to support businesses and employment. The last time the Reserve Bank made such a big cut was in March 2011 after the Canterbury earthquake. Last week, the bank outlined a range of unconventional monetary policy tools such as negative interest rates, special loans to banks, and buying bonds to put money into the economy. Cameron Bagrie is an independent economist. He speaks to Susie Ferguson.