Over in Australia, new data shows national home values rose 1.1 per cent over the month of October, and 6.1 per cent over the year.

All of Australia's major cities saw significant rises, with investors and first home buyers setting records as they tried to outbid each other.

Australian correspondent Oliver Peterson raises the question of what this data could mean for future rate cuts.

LISTEN ABOVE

Over in Australia, new data shows national home values rose 1.1 per cent over the month of October, and 6.1 per cent over the year.
All of Australia's major cities saw significant rises, with investors and first home buyers setting records as they tried to outbid each other.
Australian correspondent Oliver Peterson raises the question of what this data could mean for future rate cuts.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Oliver Peterson: Australian correspondent on Australian home prices going up

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/020a9fd1-c006-4143-9926-b38a004492e7/transcript