How do you define "fair" in the world of banking? Well, some new legislation - launching in 2025 - is about to lay down the ground rules. Here, Squirrel COO, Dave Tyrer, talks through the changes and what they could mean for banks and bank customers.
It would be very easy to rationalise that the foreign buyer ban will have an impact on house prices. My view is that it won’t in isolation of other changes. But there has been progressively a large number of changes that will significantly reduce foreign investment into NZ property.