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OCR update: Could the recent drop in NZ business confidence change the outlook?

Author
Newstalk ZB,
Publish Date
Mon, 31 Aug 2026, 8:02pm
Photo / Dean Purcell
Photo / Dean Purcell

New Zealand business confidence fell 2 points in August to 54 from 56 last month - and it's sparked discussion about what this could mean for the OCR.

There's speculation the cash rate could be set for an increase this Wednesday.

Harbour Asset Management's Shane Solly outlined his prediction further ahead of the next update.

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