Devon Funds Head of Retail Greg Smith talks to ZB’s Mike Hosking about why the RBNZ should be applauded for cutting rates to get ahead of a protracted downturn. He also discusses why the Fed will be following suit soon, and the Bank of England will be going again, following inflation prints in the US and UK. Closer to home he looks at a knockout result and record dividend payout from CBA, the biggest bank in Australia.

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