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

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Oliver Peterson: Australian correspondent on Australian home prices going up

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/ff4424d5-ebed-431d-b87f-b38a004487dd/transcript

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