The Finance Minister says businesses should be more confident about the economic recovery.

The Reserve Bank's been weighing up lower-than-expected growth and higher inflation in its decision to keep the Official Cash Rate unchanged at 3.25%.

Nicola Willis says businesses have been battening down the hatches.

But she told Heather du Plessis-Allan they’re maybe more wary than they should be.

Willis says all of the fundamentals in the economy are good.

She says the Government is business-friendly and is on the side of those wanting to invest, make money, create jobs, and export overseas.

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Unions are urging Uber to consider New Zealanders needs - after drivers protested outside the Supreme Court today.

It's over an Uber appeal of a 2022 ruling that deemed four drivers employees, allowed things like sick leave and holiday pay.

NZ Herald Wellington business editor Jenee Tibshraeny explains further.

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The Reserve Bank left the OCR on hold at 3.25 percent - with the bank claiming it was waiting for more economic data.

Economists widely suspected the RBNZ wouldn't cut rates any further, and they believe there's more cuts to come.

Milford Asset Management's Remy Morgan unpacked the market reactions.

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An ACT MP claims cultural requirements in resource consents are creating extra costs and slowing down solar farm projects.

Undersecretary for RMA Reform, Simon Court says at one Hawke's Bay site local hapu have to be invited to perform karakia every time a native tree is removed.

He says ultimately it will be consumers missing out.

"What this means is that if solar farms can't get built, or if they get built but there's all this extra cost, that's going to add to your power bill."

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Another cut to the Official Cash Rate still looks more likely than not, according to one expert.

The Reserve Bank's kept the OCR unchanged at 3.25 percent today, following six consecutive cuts.

It's waiting for more economic data, before further moves.

But Infometrics principal economist, Brad Olsen, says the bank's explicitly signalling the chance of more cuts.

"If things continue to evolve as they broadly expect, that will give them more scope to continue to cut the Official Cash Rate - maybe one or two cuts by the end of this year."

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Hopes a move to boost New Zealand's use of AI will get small businesses on board.

Science Minister Shane Reti's announced the Government's first strategy for using Artificial Intelligence to reduce barriers to adoption and promote responsible use.

He says it could lift our GDP $76 billion by 2038.

BusinessNZ Advocacy Director Catherine Beard told Andrew Dickens AI use for Kiwi small businesses is currently well behind Australia.

She says to boost their productivity they need to embrace it, and there are plans to help support them.

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The Reserve Bank of Australia has defied market expectations by leaving its cash rate target unchanged at 3.85 percent.

Market expectations were for the central bank to cut its rate by 25 basis points.

HSBC chief economist Paul Bloxham this came as a surprise to experts - but the central bank opted to wait ahead of the CPI release.

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The Reserve Bank is expected to take a breather when it reviews the Official Cash Rate on Wednesday, before pushing on with cuts later in the year.

The central bank’s Monetary Policy Committee is widely expected to keep the Official Cash Rate (OCR) at 3.25 percent.

Westpac Chief Economist Kelly Eckhold says the central bank runs some risks if they cut at this point.

"What they risk is that the CPI, which is due later on this month, comes in uncomfortably high - and some of the data we've seen since May suggests that it is actually going to be a bit stronger than what they forecasted."

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