First scratch: ‘Stabilise house prices’
Robertson asks RBNZ not to worsen housing boom anymore; He suggests changing RBNZ’s policy remit to include ‘unnecessarily unstable house price inflation‘; Govt to review housing demand settings
Finance Minister Grant Robertson has announced the Government has asked the Reserve Bank to avoid using monetary policy in future in a way that further worsens the housing boom.
In a surprise announcement with the release of the Government’s accounts for 2019/20, he announced the Government was reviewing its own housing settings and proposing a change to…
