24 Apr 2014

Business group says interest rate hike could choke growth

From Checkpoint, 6:11 pm on 24 April 2014

The head of an Auckland business lobby group is warning that interest rate hikes could choke off economic growth by the end of the year. Strong immigration is also boosting housing and consumer demand. The chief executive of the Employers and Manufacturers Association in Auckland, Kim Campbell says the Reserve Bank is only doing its job and it's up to politicans to tackle rising house prices and immigration.