Tag: housing supply
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Napier to Welcome Six-Storey Housing on Multiple Streets Near City Center
Napier expands housing options with six-storey rules Napier City Council has updated its District Plan to permit six-storey terraced housing and apartment-style living on streets close to the central city and Taradale. The changes are aimed at increasing housing supply, supporting urban infill, and giving residents more diverse living options within walking distance of amenities…
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RBA Chief Warns First Home Guarantee Could Drive Riskier Home Loans
RBA Warning: First Home Guarantee and Lending Risk Australia’s central bank, led by Governor Michele Bullock, has signalled concerns that the federal government’s First Home Guarantee could inadvertently push some borrowers toward higher loan-to-value ratios (LVRs). While the Reserve Bank of Australia (RBA) maintains that its monetary policy focus remains on inflation and employment, Bullock…