Key: First home advice- buy an apartment

First home buyers in Auckland might have to consider an apartment in order to get onto the property ladder, Prime Minister John Key says. His comments follow the release of new CVs for Auckland, which have soared since 2011, particularly in city-fringe suburbs. There are fears the mostly higher CVs could lead to rates increases well in excess of the 3.7 per cent planned for homeowners by Mayor Len Brown next year.

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Currency control?
New Zealand

Currency control?

The Reserve Bank of New Zealand is considering launching a central bank digital currency (CBDC). This episode explores why and how it could work.