Reidy left KiwiRail after Greg Miller was appointed chairman and returns following Miller's abrupt resignation as CEO last November.
While the Reserve Bank of NZ has often confused monetary policy and prudential policy, it's clear that interest rate movements have the biggest impact on house prices.
Legislation to enact the "three waters" reforms amalgamating local body water infrastructure will coincide with this year's local government elections.
Councils opposing three waters planned on using ratepayer funds to advertise likeminded councillors in the run-up to the upcoming election campaigns.
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