Molloy has stepped out of the mayoral race, admitting "he cannot win".
The government will review Kāinga Ora’s funding, as needed.
The cash rate is currently set at 2.5% and most expect the endpoint to be around 4.0%, although ANZ now says it could go to 4.5%.
Early in the budget process, finance minister Grant Robertson wrote to one minister and turned down several bids.
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