First-home buyers should benefit from Reserve Bank proposal: PMGEORGE HEARD/FAIRFAX NZ New lending measures were "one small part" of solving the housing problem, says the prime minister. FAIRFAX NZ Labour finance spokesman Grant Robertson said the Reserve Bank were openly calling on the Government to "step up". Green Party finance spokesperson Julie Anne Genter said she supported the move by the Reserve Bank and thought it would have a positive impact. The Reserve Bank made the "right decision" to impose new lending rules on property investors, says Prime Minister John Key. Dean Kozanic "The Reserve Bank can't carry this on its own," says Julie Anne Genter on New Zealand's housing problems.

Source: Stuff July 19, 2016 00:22 UTC