IMAGE
OCR. 11 June 2010
- Date
- 2010
- Reference
- DCDL-0014545
- Description
In the first five of a series of six cameos a man is shown waiting patiently for a lift that represents 'OCR' (official cash rate). In the last cameo the arrow that Indicates the lift is going 'up' changes to green. The Reserve Bank has lifted the Official Cash Rate by 25 basis points to 2.75 per cent. The rise is tipped to lift the cost of a $200,000 floating mortgage rate by about $10 per week. Reserve Bank chief Allen Bollard said the reason for the lift is that the New Zealand economy had entered its second year of recovery with growth becoming more broad-based.
Quantity: 1 digital cartoon(s).
- Use/Reproduction
- Please check copyright
- Access restrictions
- No access restrictions
- Part of
- Hawkey, Allan Charles, 1941- :[Digital cartoons published in the Waikato Times].
- Format
- 1 digital cartoon(s), Works of art, Digital images, Cartoons (Commentary)
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OCR. 11 June 2010. Hawkey, Allan Charles, 1941- :[Digital cartoons published in the Waikato Times].. Ref: DCDL-0014545. Alexander Turnbull Library, Wellington, New Zealand. /records/23027377More information can be found in our terms of use.