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Lock, stock and pork-barrel: Reserve Bank to leave asset purchases to Govt

Lock, stock and pork-barrel: Reserve Bank to leave asset purchases to Govt Newsroom 17 hrs ago © Provided by Newsroom Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft. Warnings of top-of-the-range 3 percent inflation through winter and into spring, emboldening central bank to finally pull back from stimulus ANALYSIS: Lock in those low mortgage rates. Stock up the pantry with essentials. And ready yourself for politicians, not central bankers, to decide where to put public money. True, 3 percent rates of inflation and interest won’t blow most budgets, but the increases do mark a turning point. After years of low interest rates and low inflation, New Zealanders are warned it’s time to lose their complacency.

An expert s signalling a potential end to Wellington s housing boom - 07-Jul-2021

An expert s signalling a potential end to Wellington s housing boom An expert s signalling a potential end to Wellington s housing boom 7 July 2021 CoreLogic chief property economist, Kelvin Davidson, has delved into the Capital s market. He says property prices have risen 123 percent - or 564-thousand dollars - in the past six years in Wellington, Porirua, Lower Hutt and Upper Hutt. He says even the cheapest market, in Upper Hutt, has an average value of more than 850-thousand dollars. Davidson says demand from first home buyers, low supply, and high-paid jobs in the region have fuelled prices. He says Wellington s geography also makes it harder to build as quickly as places like Canterbury.

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