WELLINGTON, Nov 24 (Reuters) - New Zealand Finance Minister
Grant Robertson said on Tuesday the government was reviewing
policies concerning the housing market and has sought advice
from the central bank on how it could help stabilise property
Robertson confirmed he has written to the Reserve Bank of
New Zealand (RBNZ) Governor Adrian Orr seeking his advice, and
has proposed including stabilising house prices as a factor for
consideration in the remit when formulating monetary policy.
"I expect to receive that advice towards the end of the
year, and will discuss it with cabinet as soon as possible after
that," Robertson said.
(Reporting by Praveen Menon; Editing by Kim Coghill)