Reserve Bank issues renewed warning about risks of house prices falling

Post author By New Zealand Blog News Service
Post date May 4, 2021

RBNZ is watching the effect of the government’s recent housing policy moves, and at the same time is looking at further advice and measures it might recommend.

Tory Whanau may have to sell Wellington mayoralty to make ends meet September 20, 2024
Tory Whanau has revealed that she’s struggling so much financially that she may have to part with her beloved mayoralty, that of New Zealand’s capital city, if she’s to fund her ever-diminishing lifestyle. Whanau was elected to lead Wellington in 2022, winning an overwhelming victory against the incumbent mayor: the evil version of Jason Gunn. […]
Ben Uffindell
Ukrainian militia receives defective shipment of pagers that just send and receive messages September 18, 2024
There’s been a major setback for one Ukrainian-backed militia on the Russian border, after the group ordered a large shipment of pagers to use as improvised explosive devices. The plan was to litter the pagers throughout abandoned homes and buildings in hopes of wounding Russian soldiers. But upon arrival of the shipment, routed through the […]
Ben Uffindell
Government directs Te Puni Kōkiri to conduct Māori Language Week in English September 17, 2024
The coalition government has issued a directive to Te Puni Kōkiri, the Ministry of Māori Development, instructing them that – in the interests of clear communication – they are to conduct this year’s Māori Language Week primarily or exclusively in English. The directive is in line with the Government’s policy – signaled when they came […]
Ben Uffindell
Government celebrates fact that New Zealand’s healthcare is so good people are queuing up for it at 5am September 17, 2024
At yesterday’s post-cabinet press conference, Prime Minister Christopher Luxon, flanked by his Health Minister Shane Reti and someone we can’t independently verify was a real sign language interpreter, announced that he had some positive news for the country. “Alright team, I’m just going to hand over to uh, Dr. Shane, because I think he’s got […]
Ben Uffindell
Heartwarming: Thoughtful driver uses indicator to tell you what they’ve just done September 17, 2024
It’s 4:10pm in the morning, and you’re in the middle lane heading north on the great southern motorway of our nation’s capital, Auckland. There are no cars directly in front of you, but quite a few in the lane to your left. Suddenly, without warning, a black ute enters your lane, cutting in front of […]
Ben Uffindell
NPC teams will now be allowed to actually use the Ranfurly Shield in play September 17, 2024
Following decades of controversy, the governing body of New Zealand rugby, New Zealand Rugby, has ruled that the team currently holding the Ranfurly Shield may once again use it in play during the National Provincial Championship (NPC). The ruling restores the utility of a prize that for many years was rendered merely symbolic, after the […]
Ben Uffindell
Police say they won’t respond to bomb threats anymore as ‘it’s never anything’ September 16, 2024
Police Commissioner Andrew Coster says that New Zealand’s police force will no longer respond to bomb threats, in an attempt to cut costs and redirect police resources to less boring activities. Coster said that threat response and bomb disposal was a “fairly obvious” area for downsizing, as bomb threats are “never anything”, a “huge waste […]
Ben Uffindell
Air New Zealand flight attendant named CEO after one year on job November 30, 2021
New Zealand’s national carrier, Air New Zealand, has expressed great enthusiasm in announcing its new CEO today: 51-year-old Nathan Guy, a flight attendant who has spent about 1200 hours on the job. Guy joined the company as a fresh-faced, wide-eyed flight attendant serving now-reduced domestic routes in November of 2020, and has since spent a […]
Ben Uffindell
National Party board denies it unanimously agreed to Collins’ Faustian bargain with Satan November 26, 2021
National Party president Peter Goodfellow is today issuing a strong denial on behalf of the party’s board, saying they did not, at any point, agree to the Faustian bargain that National leader Judith Collins struck with the Evil One, Son of Perdition, the Devil Satan himself. When Collins became the leader of the National Party […]
Ben Uffindell
Super Saturday recap: Patrick Gower doesn’t know what he’s supposed to do October 16, 2021
It was Aotearoa’s first national day of action in over ten years, the first since 2010, when Prime Minister John Key tried to inspire us to clean up our nation’s berms. It didn’t work. Today, New Zealand’s berms are worse than ever. But history is not destiny, and other cliches. Today, we tried again, this […]
Ben Uffindell

Queenstown Hill reaches new heights July 5, 2025
Plans revealed: Commonage Queenstown GP Ltd’s planning a 96-section residential subdivision on the last block of the original Commonage land, on Queenstown Hill You can bet it will be marketed as boasting the best views in Queenstown.
Philip Chandler
Trainee ski patrollers take to mountain July 5, 2025
Ski patrol student Charlie Leaper ready to dive into avalanche training near the Cardrona skifields. PHOTOS: RAWAN SAADI The men and women keeping the country’s skifields safe are trained right here in Wānaka every year.
Rawan Saadi
Call for power reliability in wake of more outages July 5, 2025
PHOTO: ODT FILES Power outages have been on the rise, and so is the frustration amongst rural communities across the region who are calling for more reliability.
Rawan Saadi
Things looking up for Dark Skies group July 5, 2025
Lake Hāwea resident Danny Mollan is on a mission to protect the dark skies of his home. PHOTO: SUPPLIED Protecting the sparkling Hāwea skies has become a priority for one star-struck resident.
Rawan Saadi
Artist found the colour through the clouds July 5, 2025
Wānaka artist Sierra Roberts’ favourite piece, Whispers of the Mountain. PHOTO: OLIVIA CALDWELL Without the grey, we wouldn’t notice the colour.
Olivia Caldwell
Rental frustrations drive tenant match-making app July 5, 2025
Flatly co-founder Quinn McCarthy. PHOTO: SUPPLIED Three friends are setting out to make flat-finding and flatmate- or tenant-finding a much easier experience.
Philip Chandler
Children’s ‘exquisite’ artworks radiate joy July 5, 2025
Barnardos Early Learning Centre preschool children (from left) Calyx McLean, Brooklyn Paton, both 3, Kalani Pullar, 4, Tessa Fergusson and Penelope Jamieson, both 3, stand in front of their collective artwork ‘‘Found Object Art: Whakapapa Whanau Rakau’’ by the Barnardos at the Burns Memorial Art Exhibition at the Forrester Gallery in Oamaru. PHOTO: JULES CHIN […]
Jules Chin
Choirs battle to the tune of ABBA July 5, 2025
Waitaki Girls’ High School students from Wilson House, led by conductor Neave Meikle, perform ABBA song Honey Honey. PHOTO: SUPPLIED ABBA’s music rang out at Waitaki Girls’ High School last week as the school’s four house choirs took the stage in their annual competition.
Jules Chin
Photographers make finals July 5, 2025
Photo: Getty Images Oamaru’s photographic talent came into sharp focus at Otago’s largest nature photography competition at the Tūhura Otago Museum in Dunedin last week.
Jules Chin
No go on Oamaru-Dunedin bus link July 5, 2025
Hopes of Oamaru getting a direct bus service to Dunedin have been set back, for now at least. PHOTO: APL FILES Hopes of Oamaru getting a direct bus service to Dunedin have been dashed for now, after the Otago Regional Council last week discarded proposals to establish a link.
Andrew Ashton

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