Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

NZ Govt Considers Making House Prices Part Of RBNZ Mandate

The NZ Government is considering adding house prices to RBNZ mandate.

New Zealand Finance Minister Robertson says seeking advice on whether to include stability in house prices as a factor in RBNZ's remit while formulating monetary policy

If this is the case, and the RBNZ will have to factor how its monetary policy decisions will affect house prices, i.e. to not inflate prices further. This will make it even less likely that they would go negative next year, thus driving the NZDUSD to break out of the range into levels not seen in 2 and a half years.

Current indicative levels are:

NZDUSD 0.6970

NZDAUD 0.9530

NZDEUR 0.6080

NZDGBP 0.5882

NZDJPY 72.85

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
GenPro: General Practices Begin Issuing Clause 14 Notices

GenPro has been copied into a rising number of Clause 14 notices issued since the NZNO lodged its Primary Practice Pay Equity Claim against General Practice employers in December 2023.More

SPADA: Screen Industry Unites For Streaming Platform Regulation & Intellectual Property Protections

In an unprecedented international collaboration, representatives of screen producing organisations from around the world have released a joint statement.More

 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.