Macroprudential tools
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
10th Mar 22, 9:17am
92
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
7th Mar 22, 3:45pm
56
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
David Hargreaves assesses the return of the old enemy - inflation expectations
1st Mar 22, 12:41pm
75
David Hargreaves assesses the return of the old enemy - inflation expectations
The Reserve Bank is forecasting an annual fall in house prices of over 5% by March 2023 and a total fall in prices of about 9%
23rd Feb 22, 3:49pm
106
The Reserve Bank is forecasting an annual fall in house prices of over 5% by March 2023 and a total fall in prices of about 9%
The Reserve Bank's latest mortgage debt-to-income figures suggest the sharp rises in DTI ratios may be coming to an end
21st Feb 22, 12:02pm
73
The Reserve Bank's latest mortgage debt-to-income figures suggest the sharp rises in DTI ratios may be coming to an end
David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
16th Feb 22, 9:00am
51
David Hargreaves catches up on the things he missed during an extended summer break and concludes that 2022 is looking a lot like 2021 - but worse
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
14th Feb 22, 2:24pm
56
BNZ economists now see inflation hitting 6.6% in the first quarter of this year
Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
22nd Dec 21, 10:15am
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Gareth Vaughan makes 5 predictions for 2022 looking at Covid-19, climate change, bank lending, the RBNZ & rising interest rates
Fund manager Harbour Asset Management says the recent pickup in inflation goes beyond supply chain disruption and higher petrol prices
8th Dec 21, 11:34am
4
Fund manager Harbour Asset Management says the recent pickup in inflation goes beyond supply chain disruption and higher petrol prices
ANZ economists say interest rate hikes will be tough - but ongoing high inflation would be worse
2nd Dec 21, 1:23pm
46
ANZ economists say interest rate hikes will be tough - but ongoing high inflation would be worse
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
23rd Nov 21, 3:34pm
24
Reserve Bank plays down the likely impact of restricting house buyers' borrowing capacity on first home buyers
Reserve Bank launches consultation on potential debt serviceability restrictions that could be used if it believes financial stability risks warrant them
23rd Nov 21, 10:49am
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Reserve Bank launches consultation on potential debt serviceability restrictions that could be used if it believes financial stability risks warrant them
Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit
23rd Nov 21, 9:41am
27
Country's largest bank joins growing number of banks declining mortgage applications for loans with less than a 20% deposit
BNZ clamps down on low equity home lending to meet new RBNZ speed limit
ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023
17th Nov 21, 3:01pm
18
ANZ economists see 'a relatively middle of the road outlook' for a period of weaker-than-average house price growth over 2022, but a gradual return to average over 2023
Kiwibank pulling plug on pre-approvals for low deposit home loans as banks strive to meet new RBNZ LVR restrictions
17th Nov 21, 7:44am
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Kiwibank pulling plug on pre-approvals for low deposit home loans as banks strive to meet new RBNZ LVR restrictions
New Reserve Bank debt to income figures show the extent to which housing investors filled their boots during the low-interest, LVR-free days of last year and into this year
16th Nov 21, 3:25pm
79
New Reserve Bank debt to income figures show the extent to which housing investors filled their boots during the low-interest, LVR-free days of last year and into this year
New figures show house buyers are still stretching themselves ever more as the RBNZ prepares to consult on possible DTI limits
15th Nov 21, 3:51pm
48
New figures show house buyers are still stretching themselves ever more as the RBNZ prepares to consult on possible DTI limits
With the economic situation looking particularly tricky, David Hargreaves wonders if the Reserve Bank needs to give itself more options as it mulls the final interest rate review of the year
15th Nov 21, 8:50am
24
With the economic situation looking particularly tricky, David Hargreaves wonders if the Reserve Bank needs to give itself more options as it mulls the final interest rate review of the year
NZ's extremely high current levels of housing construction cannot be sustained without a large and sharp recovery in net migration over 2022 and 2023, ASB economists say
11th Nov 21, 1:37pm
65
NZ's extremely high current levels of housing construction cannot be sustained without a large and sharp recovery in net migration over 2022 and 2023, ASB economists say
Gloom and doom predictions about the house market last year couldn't have been more wrong - but now the rising interest rates provide a new risk of an entirely different nature
9th Nov 21, 2:02pm
80
Gloom and doom predictions about the house market last year couldn't have been more wrong - but now the rising interest rates provide a new risk of an entirely different nature
David Hargreaves says the Reserve Bank Governor's cautionary words about New Zealanders not putting all their eggs in the housing basket will likely fall on deaf ears
4th Nov 21, 11:12am
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David Hargreaves says the Reserve Bank Governor's cautionary words about New Zealanders not putting all their eggs in the housing basket will likely fall on deaf ears
Reserve Bank analysis suggests that as interest rates 'normalise' and supply continues to enter the market over the coming years, house prices are likely come under pressure to realign with fundamental values
2nd Nov 21, 12:08pm
50
Reserve Bank analysis suggests that as interest rates 'normalise' and supply continues to enter the market over the coming years, house prices are likely come under pressure to realign with fundamental values
'Simply ‘doubling down’ on the same set of risks (i.e., similar assets) is not diversification,' Reserve Bank Governor says
2nd Nov 21, 10:17am
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'Simply ‘doubling down’ on the same set of risks (i.e., similar assets) is not diversification,' Reserve Bank Governor says
Auckland's Covid-19 Delta outbreak delays RBNZ consultation on debt-to-income restrictions & interest rate floors
9th Oct 21, 9:55am
39
Auckland's Covid-19 Delta outbreak delays RBNZ consultation on debt-to-income restrictions & interest rate floors