And what is Cindy doing about the property market surging out of the reach of first home buyers and rents going up?
NOTHING - because she and her team of incompetents have not got a clue!
https://www.stuff.co.nz/business/pro...an-lvrs-to-fix
"Given the fundamentals supporting the property market, Patterson said it was not really a bubble. The challenge was the widening gap in wealth between the 60-odd per cent of people who are homeowners, and the rest.
“For those that are locked out of the housing market at present, it is problematic. We’ve seen rents have actually still gone up across the country, and those people don’t benefit from the lower interest expense.”