Katlyn Parker: Milford Asset Management analyst on the OCR hike - Heather du Plessis-Allan Drive

The Reserve Bank of New Zealand has increased the OCR by another 50 basis points.

This puts the OCR at a 3.5 percent official cash rate. 

Katlyn Parker, Milford Asset Management analyst is here to explain what the rate hike means for New Zealand, and how we stack up against Australia and other nations.

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