NZ PM Key: RBNZ consulting on changes to borrowing costs

FXStreet (Bali) - New Zealand PM John Key is crossing the wires, via Bloomberg, after speaking in a radio interview.

Key Quotes

"The RBNZ has been consulting on changes that may lead to increased borrowing costs for property investors, despite it's not something that's imminent."

"Those alternative tools in the toolbox are much better than blanket and wholesale rises of interest rates which wouldn't be justifiable given where inflation is at the moment."