Road Closure due to Fire
Hunua Road between Papakura and
Hunua Township has been closed while the Fire Service deals
with a large vegetation fire.
Police are assisting with
diversions. Motorists are advised to use either Ponga Road
to the South or Ardmore Quarry Road to the
© Scoop Media
On The Reserve Bank And Auckland Housing
The ‘crisis – what crisis?’ response by the government to the Auckland housing price bubble is no longer acceptable.
So says Reserve Bank governor Grant Spencer – who used unusually frank language in his speech and subsequent interviews yesterday to call for a capital gains tax, and to generally chastise central and local government for their inaction on a threat to the country’s economic health and financial stability.
That threat has been real for some time. The housing price bubble has already created a currency bubble... Undaunted, the government keeps calling this situation a success story. More>>