Welcoming the Reserve Bank's decision to cut the Official Cash Rate by another 0.25% points, ACT Leader David Seymour says:

"New Zealanders’ hard work and the Government’s focus on fiscal discipline are paying off.

"Another rate cut is real relief for firms, farms, and families. Households with a $500,000 mortgage can expect to save around $100 a month, money that can go toward groceries, power bills, or building a better future.

"By finding savings and prioritising spending carefully, like we've seen in Budget 2025, the Coalition Government has got inflation under control, making room for the Reserve Bank to ease pressure on borrowers.

"Our best hope for continued relief is in ACT’s push to cut bureaucracy, eliminate inefficient programs, and unwind red tape. We must stay the course, so Kiwis can keep more of what they earn, and invest in the things that matter to themselves and their loved ones."

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