Bill English’s proposal to allow use of loan to valuation ratios is yet another reason to add to the supply of affordable homes, say Labour’s Finance spokesperson David Parker and Housing spokesperson Phil Twyford.
OUTLOOK
CURRENCY: The NZ trade balance is forecast to be NZD supportive ($515m surplus expected). BOJ Governor Kuroda’s speech at 14:55 will drive major currencies, as will German IFO and US durable goods overnight.
RATES: NZ rates should open broadly unchanged this morning.
Compare Credit CardsAll NZ Banks |
Money GuidesGet Help With Financial Decisions |
Financial Terms GlossaryExplaining the Jargon |
Frugal LivingMoney Saving Tips |
Find the latest money news and 'how to' guides on Guide2Money.
Ask our researchers your personal finance questions.
Your Questions. Independent Answers.
---
Australian 'how to' guides and recommendations