‘Come in for an early chat, Adrian’

Mon, 02 Nov 2020

Reappointed Finance Minister Grant Robertson would like to have an early chat with Reserve Bank Governor Adrian Orr as the housing market takes off in response to ever lower interest rates and the central bank’s promises to print up to $150 billion to buy bonds and lend cheaply to banks. Robertson was tight-lipped about whether the bank should reintroduce loan-to-value limits or introduce a big new cheap lending scheme for banks, but clearly he wants to bring the Reserve Bank and the government into a tighter formation after the elec...

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