Emergency services are at the scene of a collision between
a car and a train at Inangahua on the West Coast.
collision has occurred about 1.30pm at Swamp Creek Road.
One person has been airlifted to Christchurch Hospital in a
No further information is currently
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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>>