Reserve Bank: Auckland Council needs 'bolder' unitary plan to help housing and immigration
Grant Spencer: 'if the council takes a significantly different approach, a bolder approach, to intensification of Auckland ... then maybe the capacity to absorb that flow can be increased.' With special feature audio.
New Zealand probably can't sustain net immigration at the current pace for much longer, says a Reserve Bank deputy governor Grant Spencer.
In an interview with NBR RADIO following his speech on housing and macro-prudential policy, Mr Spencer says the over-stretched housing market settled down
