Feb 14, 2022 | Business & Economics
By Michael Rehm If banks’ lending behaviour is found to have contributed to New Zealand’s housing quagmire, then banks must be held to account and share the pain when the bubble inevitably bursts, writes the University of Auckland’s Michael Rehm. New Zealand’s...
Apr 7, 2021 | Business & Economics, Politics & Society
By Alison Pavlovich “If we want a fair and prosperous future, we need a tax system that helps to redress market inequalities.” ACT leader, David Seymour, and National Party leader, Judith Collins, have both labelled the extension of the bright-line test...
Jan 18, 2021 | Business & Economics, Politics & Society
By Edward Yiu Median housing prices across New Zealand increased by 19.8% year-on-year (YOY) in October 2020. It is one of the largest price surges in the world despite a global COVID recession. Median housing prices across New Zealand increased by 19.8% year-on-year...
Sep 17, 2019 | Business & Economics, Politics & Society
By Michael Rehm New Zealand is the second most overvalued housing market in the world, with Auckland its most unaffordable city, writes Michael Rehm. Auckland was not always unaffordable. At the 1966 Census the $9,900 average Auckland home price was just under three...