Reserve Bank's FLP should be given a decent burial

Reserve Bank's FLP should be given a decent burial
It's past time for the Reserve Bank to bury its funding-for-lending programme. (Image: iStockphoto)
Jenny Ruth
The Reserve Bank added another $1 billion to the housing market conflagration in January as the banks drew further on its funding-for-lending programme (FLP).Two tranches of $500 million each were drawn last month from the FLP, taking total drawings to $7.73b of the about $28b available through to December this year.This certainly won't help calm the housing market or do anything to curb rampant house price inflation.True, the Real Estate Institute's figures for December have been taken as a sign that rampant price escalation may be com...

More Opinion

The reasonable terms of the methane debate
Opinion

Adrian Macey and Dave Frame: The reasonable terms of the methane debate

Promoting methane reduction policies that would make the world warmer make no sense.

Hopium is not a strategy
Opinion

Dileepa Fonseka: Hopium is not a strategy

Unjustified optimism is everywhere, and it’s not helping.

Your mid-year investment health check
Markets

Simon Robertson: Your mid-year investment health check

What should you really be looking for from your fundie? 

Simon Robertson 05 Jul 2025
Cleantech: Burst bubble or our biggest opportunity?
Opinion

Peter Griffin: Cleantech: Burst bubble or our biggest opportunity?

A thriving cleantech sector could be NZ’s ticket to a sustainable, high-value economy.

Peter Griffin 02 Jul 2025