Operation Lynsey update
Police investigating the
disappearance of Blessie Gotingco last night discovered an
area of interest.
The cemetry on Eskdale Road is cordoned
off and people are asked not to enter the grounds
The scene was cordoned off overnight before
Police resumed a scene examination this morning.
© Scoop Media
Interest Rates: RBNZ Hikes OCR To 3.5%, ‘Period Of Assessment’ Now Needed
Reserve Bank governor Graeme Wheeler raised the official cash rate as expected, while signalling a pause in rate hikes to assess the impact of moves so far this year. The kiwi dollar sank after Wheeler said its strength was “unjustified” and that the currency could have “a significant fall.”
“Encouragingly, the economy appears to be adjusting to the monetary policy tightening that has taken place since the start of the year,” Wheeler said in a statement in Wellington. “It is prudent that there now be a period of assessment before interest rates adjust further towards a more-neutral level.” More>>