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English's new tools little help to home buyers - Labour

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.

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ANZ NZ Morning Brief

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.

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