Articles tagged Kanik Mongia

Speaking on the eve of the implementation of the new policy, Labour Leader David Cunliffe held a news conference in Auckland on Monday to highlight the impact of the Reserve Bank's high LVR speed limit on first home buyers. He also used it to highlight Labour's plans for an interim exemption for first home buyers and to say the Reserve Bank should be targeting only those borrowers in areas such as Auckland and Christchurch where house prices have risen quickly.