RBNZ to support government housing objectives

Auckland, New Zealand
House prices have risen 11% year on year in Auckland

New Zealand’s central bank will be required to consider the housing market when making future monetary and financial policy decisions, the country’s finance and deputy prime minister announced.

In a statement today (February 25), Grant Robertson said the government had changed the remit for the Reserve Bank of New Zealand’s monetary policy committee (MPC).

The centre-left Labour government did not, however, change the RBNZ’s mandate – a move that was being considering late last year. The

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.