6th May 21, 12:16pm
According to the Reserve Bank it now takes over 220% of median disposable household income to fund a 20% deposit on a house
According to the Reserve Bank it now takes over 220% of median disposable household income to fund a 20% deposit on a house
6th May 21, 10:00am
RBNZ to take stock of new housing-related policies before doing more to restrict mortgage lending; Robertson not yet convinced by RBNZ's pitch for debt-to-income tools
RBNZ to take stock of new housing-related policies before doing more to restrict mortgage lending; Robertson not yet convinced by RBNZ's pitch for debt-to-income tools
5th May 21, 7:21pm
New figures from the RBNZ show that up to 71% of the money being borrowed each month recently by investors for houses has been done on high debt to income ratios
New figures from the RBNZ show that up to 71% of the money being borrowed each month recently by investors for houses has been done on high debt to income ratios
[Updated]
5th May 21, 1:01pm
A set of home loan rate changes are now in place from all main banks, repricing to reflect a steeper rate curve. A slower real estate market means fewer transactions to compete for
[Updated]
A set of home loan rate changes are now in place from all main banks, repricing to reflect a steeper rate curve. A slower real estate market means fewer transactions to compete for
5th May 21, 10:50am
Live-streamed video from the May 2021 RBNZ Financial Stability Review press conference with Deputy Governor Geoff Bascand
Live-streamed video from the May 2021 RBNZ Financial Stability Review press conference with Deputy Governor Geoff Bascand
[Updated]
5th May 21, 9:11am
Reserve Bank: 'If required, we are prepared to further tighten lending conditions for housing using LVR requirements or additional tools that we are assessing'
[Updated]
Reserve Bank: 'If required, we are prepared to further tighten lending conditions for housing using LVR requirements or additional tools that we are assessing'
5th May 21, 8:03am
The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement
The Reserve Bank says it will address recommendations from the Financial Action Task Force 'to the extent feasible' within the scope of its government funding agreement
4th May 21, 2:14pm
Investors accounted for over a third of the growth in the country's bank mortgage stock in the six months to the end of March; meanwhile, on the farm, dairy lending is falling fast
Investors accounted for over a third of the growth in the country's bank mortgage stock in the six months to the end of March; meanwhile, on the farm, dairy lending is falling fast
4th May 21, 7:30am
Outgoing Westpac NZ CEO David McLean sees 'finely balanced' decision on whether the Westpac Banking Corporation maintains ownership of Westpac NZ
Outgoing Westpac NZ CEO David McLean sees 'finely balanced' decision on whether the Westpac Banking Corporation maintains ownership of Westpac NZ
4th May 21, 6:00am
Treasury expected to issue less debt than planned, as NZ weathers the COVID-19 storm better than expected and the Government doesn't spend all it borrows
Treasury expected to issue less debt than planned, as NZ weathers the COVID-19 storm better than expected and the Government doesn't spend all it borrows
3rd May 21, 11:34am
Economists are seeing little change in the unemployment rate when official statistics are released this week
Economists are seeing little change in the unemployment rate when official statistics are released this week
3rd May 21, 9:22am
David Hargreaves looks at the all-night mortgage borrowing bender Kiwis are going on while lending to 'productive' parts of the economy withers
David Hargreaves looks at the all-night mortgage borrowing bender Kiwis are going on while lending to 'productive' parts of the economy withers
3rd May 21, 8:20am
Roger J Kerr says the March slide in the Kiwi dollar is shaping up to be repeated if the US dollar returns to its appreciating trend on the back of stronger US economic data and rising long-term US interest rates
Roger J Kerr says the March slide in the Kiwi dollar is shaping up to be repeated if the US dollar returns to its appreciating trend on the back of stronger US economic data and rising long-term US interest rates
1st May 21, 9:46am
Kiwibank chief economist Jarrod Kerr lays out the five things we need to ace to get our economy match-fit for the post-pandemic era. None will be easy but all are achievable
Kiwibank chief economist Jarrod Kerr lays out the five things we need to ace to get our economy match-fit for the post-pandemic era. None will be easy but all are achievable
[Updated]
29th Apr 21, 7:30pm
Global money laundering and terrorist financing watchdog says the RBNZ needs 'adequate resources to apply the appropriate scope and depth of supervision to banks'
[Updated]
Global money laundering and terrorist financing watchdog says the RBNZ needs 'adequate resources to apply the appropriate scope and depth of supervision to banks'
29th Apr 21, 3:25pm
Kiwis have again been borrowing up large, with nearly $10.5 billion loaned by the banks in the past month for mortgages; first home buyers borrowed a record amount; investors borrowed close to record levels
Kiwis have again been borrowing up large, with nearly $10.5 billion loaned by the banks in the past month for mortgages; first home buyers borrowed a record amount; investors borrowed close to record levels
29th Apr 21, 8:13am
New guidelines issued by the RBNZ aimed at providing 'over-arching framework' for the governance and management of cyber risk among the financial sector
New guidelines issued by the RBNZ aimed at providing 'over-arching framework' for the governance and management of cyber risk among the financial sector
29th Apr 21, 8:08am
David Hargreaves doesn't see anything to be too fearful of in the moves by Finance Minister Grant Robertson to get more hands-on with the Reserve Bank's lending restrictions
David Hargreaves doesn't see anything to be too fearful of in the moves by Finance Minister Grant Robertson to get more hands-on with the Reserve Bank's lending restrictions
28th Apr 21, 6:49pm
New Zealand's largest mortgage lender chimes in with home loan rate cuts of its own, nabbing the lowest rate for an 18 month term of any main bank. But it has raised its three year rate
New Zealand's largest mortgage lender chimes in with home loan rate cuts of its own, nabbing the lowest rate for an 18 month term of any main bank. But it has raised its three year rate
28th Apr 21, 8:24am
RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5
RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5
27th Apr 21, 2:55pm
BNZ economists describe Govt plans to influence bank lending as a "surprise" but say judgement will have to wait until further details are revealed
BNZ economists describe Govt plans to influence bank lending as a "surprise" but say judgement will have to wait until further details are revealed
27th Apr 21, 8:00am
Reserve Bank of New Zealand Governor Adrian Orr says New Zealand banks need to show courage by supporting banking services and remittances to the South Pacific
Reserve Bank of New Zealand Governor Adrian Orr says New Zealand banks need to show courage by supporting banking services and remittances to the South Pacific
27th Apr 21, 5:00am
Gareth Vaughan delves into the detail of sweeping new powers proposed for the Reserve Bank, and explains why the Government wants to move regulation of deposit takers in this direction
Gareth Vaughan delves into the detail of sweeping new powers proposed for the Reserve Bank, and explains why the Government wants to move regulation of deposit takers in this direction
26th Apr 21, 8:36am
Roger J Kerr points out where the US dollar is heading, seeing a stronger period ahead. He also sees cracks appearing in overstretched speculative markets
Roger J Kerr points out where the US dollar is heading, seeing a stronger period ahead. He also sees cracks appearing in overstretched speculative markets
25th Apr 21, 6:01am
Government eyes personal insurance requirement for directors of banks and other deposit takers with the entity they represent not allowed to insure or indemnify directors
Government eyes personal insurance requirement for directors of banks and other deposit takers with the entity they represent not allowed to insure or indemnify directors
