Serious injuries after South Island school bus crash
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Covid-19 alert levels: Rainbow community hopeful events will go ahead
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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.
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.