Until today, I wasn’t actually bullish the New Zealand Dollar. As fas as I know, not a single soul is bullish the NZD either.
However, since last week, I somehow entered a crusade in favor of the kiwi. 1,003 more words
(16 April 2015, AFR, p42, by Tracy Withers)
‘New Zealand’s central bank said it’s assessing how to curb lending to property investors to help slow a rampant Auckland housing market as low inflation makes raising interest rates inappropriate. 38 more words
If you’re scanning the world for potential housing bubbles, look down under.
Australia’s residential real estate market has been on fire for years. And the Reserve Bank of Australia’s decision to cut interest rates to record lows will only stoke the flames, with… 396 more words