Tough decisions on speculators for housing crisis – Robertson

Tough decisions on speculators for housing crisis – Robertson
Pattrick Smellie
Finance Minister Grant Robertson says housing affordability is now a “crisis” situation that will require “bold action” and “tough decisions” to deter residential property speculators and investors.In a speech outlining the government’s priorities for its Budget in May, Robertson talked up the relative strength of New Zealand’s economic position in a world ravaged by the covid-19 pandemic, while confirming the government’s emphasis on getting debt down but also further expanding infrastructu...

More Economy

NZ's directors see better days ahead
Economy

NZ's directors see better days ahead

Board directors are looking to Companies Act reform on their legal liabilities.

Greg Hurrell 22 Nov 2024
Govt’s arms flailing, with little cohesive direction
Economy

Ganesh Nana: Govt’s arms flailing, with little cohesive direction

A tight-fisted Government is hobbling its own ambitions. 

Ganesh Nana 22 Nov 2024
It’s time for a national conversation on productivity
Economy

Cameron Bagrie: It’s time for a national conversation on productivity

Bold action needed as a further downgrade to Treasury's forecasts looks likely.

Cameron Bagrie 22 Nov 2024
Treasury expects to downgrade forecasts
Economy

Treasury expects to downgrade forecasts

Per capita GDP has fallen 4.6% since the September quarter of 2022.

Rebecca Howard 21 Nov 2024