Latest / The Kākā by Bernard Hickey
What Christopher Luxon is doing to ensure 'modest, consistent' house price inflation
Briefly in my Daily Chorus on Tuesday August 26, the top news, scoops and deep-dives in Aotearoa’s political economy around housing, poverty and climate are:
* The Lead: PM Christopher Luxon let slip yesterday he met with Reserve Bank Governor Christian Hawkesby last week just before the bank’s surprisingly dovish rate cut. Luxon told Hawkesby the central bank had been too slow to cut rates. He also welcomed the Reserve Bank’s proposals announced yesterday to loosen the capital requirements for bank lending, which could either ramp up lending into the housing market by as much as a further…
The skinny
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