Housing market NZ’s biggest domestic risk - RBNZ
In a speech in Greymouth this morning, Reserve Bank governor Graeme Wheeler said prospects for a continuation of New Zealand’s economic expansion with above-trend growth, strong employment and rising inflationary pressures look promising.
However, this is in the face of considerable political and economic uncertainties – particularly on the international front – and their implications for the global trading environment.
“The greatest threat to the expansion lies in possible international political and economic developments and their implications for the global trading environment,” he said.
“The main domestic risk – and one that could be triggered by developments offshore – is a significant correction in the housing market.”
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
![[The Wrap] What the heck is happening at the FMA?](https://goodreturns.publit.io/file/c_fill,w_300,h_200/a6c3bc06-6401-44de-96e2-286c090e132d.jpg)