HOT TOPICS:   Budget 2013   |   House prices  |    Term deposits

The comment stream

Reader poll

How many new houses will the Government-Auckland Council accord produce in Auckland over the next three years?

Choices
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
1 + 0 =
Solve this simple math problem and enter the result. E.g. for 1+3, enter 4.

Core funding ratio

RBNZ gets new tools to combat credit booms

Finance Minister Bill English says RBNZ Governor Graeme Wheeler will decide if, and when, to use new tools designed to dampen excessive growth in credit and asset prices

Banks well clear of CFR minimum

Latest combined core funding ratio for locally incorporated banks at 84.8% versus Reserve Bank mandated 75% minimum

'New RBNZ tools would push up borrowing rates'

PwC paper commissioned by bank lobby group says RBNZ's use of macro-prudential tools would result in borrowers paying banks higher interest rates

Rising house prices Fitch's No. 1 concern

Big bank credit ratings in no immediate danger of downgrade from Fitch despite its concerns about potential asset bubbles

Should we mimic the Swedes?

Here's a look at what's hailed as the successful use of loan-to-valuation ratio caps on home loans in Sweden, where there are some interesting comparisons with New Zealand

ANZ most at threat from new RBNZ tools

Loan to value ratio caps and increased sectoral capital requirements seen as the biggest threats to bank profitability out of the RBNZ's macro-prudential tools

Do we need macro-prudential tools?

NZ Bankers' Association says RBNZ wouldn't need macro-prudential tools right now even if it had 'em; Talks of 'pressure coming from elsewhere'

RBNZ talks down LVR restrictions

The Reserve Bank suggests it could use more than one of four macro-prudential tools simultaneously to cool excessive credit growth but not keen on LVR restrictions on home loans

BNZ's borrowing needs; 'Just maintenance'

BNZ Treasurer says his bank needs to borrow about NZ$1.5 bln this financial year, less than half what was needed in the 2 previous years; Keen on issuing debt in Japan

What to expect from the RBNZ's search for new tools

Gareth Vaughan looks at the 4 macro-prudential tools the RBNZ is considering and whether any of them will actually be used to cool an over heating housing market