Reserve Bank tipped to start using new tools
The Reserve Bank will likely use its new macro prudential tools within the next six months to cool Auckland's overheated housing market, says the New Zealand Institute of Economic Research.
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NZ dollar rises to 4-year high vs Aussie
The New Zealand dollar surged to its highest in four and a half years against its Australian counterpart as New Zealand's rising interest rates and growth outlook increase the lure of the nation's currency.
Reserve Bank lukewarm on Key's idea
Documents released by the Reserve Bank yesterday give scant support to the Prime Minister's suggestion that it might exempt first home buyers from any restriction on low-deposit home loans.
House sales fall from six-year high
The number of New Zealand house sales slipped from a six-year high last month, but the national market is still being driven by Auckland and Christchurch.
Bernard Hickey: Interest rates the pin that will prick bubble
Watching our Reserve Bank and news about interest rates from overseas this week, Bernard Hickey wondered how it will all end.
David Tripe: Keep Reserve Bank out of the house
"While there's been much hand-wringing over housing prices, is intervention by the Reserve Bank really the answer?" asks David Tripe.