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Reserve Bank governor Adrian Orr: 'Absolutely a question mark over house prices'

Reserve Bank governor Adrian Orr: 'Absolutely a question mark over house prices' © RNZ / Claire Eastham-Farrelly Surging housing and sharemarkets pose some of the biggest risks to economies, according to Reserve Bank governor Adrian Orr. Speaking at the 2021 New Zealand Economics Forum at Waikato University, Orr said easy money policies from central banks around the world had been a factor in the spike in share prices and the sharp rises in house prices as people made the most from low interest rates. However, he said the risks to and vulnerabilities of households and investors had increased accordingly. "[There are] big question marks around global equity prices relative to underlying earnings, and absolutely a question mark over house prices globally and in Aotearoa-New Zealand relative to household earnings... so take that on board," he told an economics conference.

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Prison guards threaten pepper spray moments after suicide attempt

Prison guards threaten pepper spray moments after suicide attempt Guyon Espiner Warning: This article discusses suicide and could be distressing for some people. Prison guards threatened to pepper spray an inmate and then went on to put her in a headlock minutes after she'd attempted suicide, documents released to RNZ show. © Provided by Radio New Zealand Mihi Bassett Ten days before Mihi Bassett attempted suicide she asked guards to give her poison but was assessed as not at risk Photo: RNZ.Claire Eastham-Farrelly/ Vinay Ranchhod Auckland Women's Prison inmate Mihi Bassett tried to kill herself in January last year, after Corrections unlawfully held her for months in a segregation unit, known as the pound.

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Latest Covid-19 alert levels change to cost economy $240 million

Latest Covid-19 alert levels change to cost economy $240 million
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Police officer injured after being struck by fleeing vehicle

Police officer injured after being struck by fleeing vehicle
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Auckland's three-day lockdown cost retailers $44 million

New figures show last week's level 3 lockdown cost Auckland and Northland retailers $44 million in lost earnings.

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Boatie who made Mayday call could have cancelled it

Boatie who made Mayday call could have cancelled it
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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Maker of epilepsy drug warned over quality control

The drug at the centre of an inquest into six epilepsy deaths was made at a plant in India that was investigated for significant quality control issues in 2017.

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Treatment at Auckland Women's Prison 'degrading' and 'inhumane'

Treatment at Auckland Women's Prison 'degrading' and 'inhumane' - judge Guyon Espiner Warning: This story discusses violence, rape, depression and suicide. Auckland Women's Prison treated inmates in a "degrading," "cruel" and "inhumane" manner in a "concerted effort to break their spirit," according to a stinging ruling from a district court judge. © Provided by Radio New Zealand Mihi Bassett, who went on trial for setting a fire at Auckland Region Women's Correctional Facility, and in court exposed what was going on inside the prison Mihi Bassett was gassed in her cell, Manukau District Court Judge David McNaughton said. Photo: RNZ/Vinay Ranchhod

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