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RBNZ mulls over measures to directly target Auckland house prices

Wednesday, May 13, 2015 - 05:50

Wellington

NEW Zealand's central bank is considering measures to directly target Auckland's soaring house prices.

The Reserve Bank of New Zealand (RBNZ) is reconsidering its position that a regional response to house-price inflation wouldn't work, deputy governor Geoff Bascand told

sentifi.com

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