Govt requires Reserve Bank to factor house prices in decisions

Published: Feb. 25, 2021, 5:13 a.m.

The government has pulled another lever to try to slow the runaway housing market - requiring the Reserve Bank to take house prices into account. National says the move's far too late and a senior economist warns it'll have little short term impact. But the government argues it's just another piece of the puzzle. RNZ political reporter Charlie Dreaver has the details.