Running costs return to balance as market stabilises
Property values are showing modest trends upwards, but slow market won’t generate much capital gains tax revenue
Rates are down, but some households are still facing above-inflation cost increases
Despite more competition for business lending among the banks, momentum is still stubbornly slow
The RBNZ has decided to ease its limits on high-LVR lending
New Zealand Strategy has already have proved costly with no real upside
