Policy
Explore the latest government news by BusinessDesk.
Policy
Reserve Bank to ease lending restrictions if risks decline
By Paul McBeth July 1 (BusinessDesk) - The Reserve Bank will loosen its curbs on mortgage lending provided it sees stable household debt-to-income levels, prudent lending standards from banks, and moderating house price inflation. Deputy governor Geoff Bascand says the ban...
Policy
Real-time pricing to mark biggest electricity market change since birth in 1996
By Gavin Evans June 28 (BusinessDesk) - Businesses and households will get clearer electricity price signals under the biggest change to the wholesale power market since it was established in 1996. Under the changes planned by the Electricity Authority, customers will be ab...
Policy
Ardern reshuffles Woods to housing czar; no demotion for Twyford
By Pattrick Smellie June 27 (BusinessDesk) - Prime Minister Jacinda Ardern has made Megan Woods her new housing minister in a bid to cauterise the political damage done by Phil Twyford’s leadership of the struggling KiwiBuild programme. Twyford remains in charge of urban devel...
Policy
Faafoi seeks enduring iwi framework from 5G spectrum talks
By Paul McBeth June 27 (BusinessDesk) - Communications Minister Kris Faafoi wants a framework for iwi radio spectrum allocations that will endure beyond the current discussions over 5G technology. The minister said he's had positive conversations over Treaty of Waitangi i...
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