The Finance Minister is promising "bold" action to tackle the housing crisis, as the Reserve Bank brings back tighter lending requirements.
Housing is still at the top of the government's list of priorities after prices rocketed in the second half of last year, defying predictions the market would fall after Covid-19.
As Grant Robertson pulls together a package of measures designed to dampen demand, the Reserve Bank has reintroduced lending restrictions.
Here's RNZ political editor, Jane Patterson.
