Robertson is all for tools that target property investors

Robertson is all for tools that target property investors
Westpac's acting chief economist Michael Gordon says he's alone in forecasting house price falls.
Jenny Ruth
The key to finance minister Grant Robertson giving the Reserve Bank the green light to use debt-serviceability tools was that they would target property investors and not first-home buyers.However, although the central bank has been lobbying successive governments for years to grant it the use of such tools, we're unlikely to see them used in the current cycle and almost definitely not this year.Robertson said he agreed in principle to allow RBNZ to use such tools "on the condition that this should not impact on first-home buyers"...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025