ASB grows home loans by $1.7b over two quarters with $1.4b, or 84%, coming in lending where the borrower has deposit/equity worth less than 20% of the loan
Finance Minister Bill English says RBNZ Governor Graeme Wheeler will decide if, and when, to use new tools designed to dampen excessive growth in credit and asset prices
Bill English set to deliver budget with around NZ$800 million of discretionary net new spending as firmer economy gives Govt more leeway 18 mths before election; Meridian float?
Gareth Morgan says for too long we have discriminated against productive investment in favour of property speculation. It's time to make changes. You agree?