NZ PM Key: Property lending restrictions better than 'blanket' interest rate rises

New Zealand PM John Key speaking in a radio interview .

  • He said the RBNZ has been consulting on changes that may lead to increased borrowing costs for property investors
  • But, It's not something that's imminent
  • "Those alternative tools in the toolbox are much better than blanket and wholesale rises of interest rates which wouldn't be justifiable given where inflation is at the moment"

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