Markets rally after French election result; US govt shutdown looms as debt ceiling reached; Trump wants 15% corporate tax rate; Malaysia pays price for scandal; UST 10yr 2.27%; oil and gold down; NZ$1 = 70.1 USc, TWI = 7.48
Amy Adams gets responsibility for govt house building programmes, as social housing, Tamaki development and Housing NZ ramp-up come under one Minister; Smith keeps Building & Construction; Labour slams move as 'Titanic deckchair shifting'
Finance Minister Joyce says govt is concerned about young people's ability to save for a house deposit while being hit by the 48k tax threshold and student loan repayments; Prods Auckland Council on transport spending, claims central govt paying more than fair share
National is gearing up to announce a big Auckland housing plan. It has been dubbed 'KiwiBuild-lite', but even that implies too wide a gap from Labour. On the govt-led Auckland private housing supply side, at least