Reserve Bank Governor Adrian Orr recommends new housing agency to coordinate response to rising house prices
The Reserve Bank also wants to introduce debt-to-income limits on mortgage lending.
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The Reserve Bank also wants to introduce debt-to-income limits on mortgage lending.
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Reserve Bank recommends new housing agency to coordinate response to rising house prices Newshub 10/12/2020 Zane Small © Image - Getty; Video - Newshub Finance Minister Grant Robertson penned a letter to Reserve Bank Governor Adrian Orr requesting him to consider how it can help to stabilise house prices. The Reserve Bank has recommended that the Government introduce a new housing agency to coordinate its response to rising house prices. Reserve Bank Governor Adrian Orr has released his official response to Grant Robertson, after the Finance Minister wrote to him last mon...
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