The Reserve Bank increases the OCR to 1.5 percent; New Zealand King Salmon announces capital raise; Lululemon starts a trade-in and resell programme.

To fight inflation the Reserve Bank hikes the OCR by 0.5 percent. Lululemon (LULU) launches a trade-in and resell programme for gently used leggings, tops and jackets later this month in the US. NZME (NZM) inks an agreement with Meta (FB) to support subscriber growth and retention.  New Zealand King Salmon (NZK) seeks $60.1 million NZD to change its farming model and reverse high fish mortality rates.

On Thursday the 14th of April, Chapman Tripp senior associate Philip Ascroft and Frances Cook (Investments Editor at Business Desk) talk about rights offers on Shared Lunch. Register to watch!

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