6 Jul 2018

IMF criticises foreign buyer ban, praises housing agenda

From Morning Report, 8:42 am on 6 July 2018

The IMF is urging the government to rethink its foreign buyer ban, saying the policy is unlikely to have a significant impact on housing affordability. Their latest annual report of the New Zealand economy says the policy could in fact discourage overseas investment that could help increase the housing supply. IMF's Mission Chief for Australia and New Zealand is Thomas Helbling. He talks to Gyles Beckford.