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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Forget about Wheeler – he’s like King Canute

Wheeler's job is to keep inflation under control and his comments should be understood in that context – to dampen the market.

Chris Hutching for NBR NZ Property Investor
Tue, 10 Feb 2015

Homeowners should take Reserve Bank governor Graeme Wheeler’s warnings of a sharp correction in prices with a grain of salt.

This is the view of Property Institute of New Zealand’s chief executive, Ashley Church.

He says the governor’s comments are at odds with the reality of the Auckland

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Chris Hutching for NBR NZ Property Investor
Tue, 10 Feb 2015
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Forget about Wheeler – he’s like King Canute
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