RBNZ's Wheeler now speaking in parliament
Reserve Bank of New Zealand 's Governor Wheeler in front of a parliamentary committee
- Concerned how quickly house prices are rising outside Auckland
- Investors looking outside Auckland adds price pressure
- Not enough houses being built in Auckland
- RBNZ assumes dairy prices will recover only slowly in 2016
more to come
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Earlier today:
- RBNZ Financial Stability Report - housing and dairy are risks to stability
- RBNZ's Wheeler: Growth slowing in a number of trading partner economies
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.