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While "It’s time for Labour’s plan to build 100,000 affordable homes for first homebuyers, ban foreign speculators, and invest in thousands more state houses," says Phil Twyford, but how will these houses be funded?
Buyer sentiment has improved in the ASB Housing Confidence Survey, but ultimately, New Zealanders still think it’s a bad time to buy a house.
Waikato University economics graduate Leo Krippner has been awarded this year’s Central Banking’s award for economics.
Central Banking Publications gives the award annually to a person who makes "the most significant contribution to economics within the field of central banking".
The Reserve Bank will continue to engage with stakeholders about its proposed ‘Dashboard’ approach to quarterly disclosure for locally incorporated banks.
Reserve Bank senior adviser, Leo Krippner, has won a prestigious international economics award for his work on yield curve modelling with a lower bound for interest rates.
The Monthly Economic Review is an overview of the New Zealand economy. It includes the latest data on New Zealand’s economic growth, unemployment, inflation, merchandise trade and balance of payments figures, along with certain financial data (such as the Reserve Bank’s official cash rate).
The Reserve Bank is brushing aside multiple risks and uncertainties in the global economy, says New Zealand First Leader and Northland MP Rt Hon Winston Peters.
The decision by the Reserve Bank not to increase the Official Cash Rate today is more evidence that any changes in the New Zealand real estate market will be sustainable not sudden, says Geoff Barnett, National Manager of Century 21 New Zealand.
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
A full cost-benefit analysis on Debt-to-Income (DTI) limits and public consultation will be conducted by the Reserve Bank before any decision is made on the potential use of the macro-prudential policy tool, Finance Minister Steven Joyce says.
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