Debt to Income limits
RBNZ Governor says still in talks about including Debt to Income multiple limit in tool kit, but wouldn't use it right now because housing market has moderated; says English posing many questions on DTI
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RBNZ Governor says still in talks about including Debt to Income multiple limit in tool kit, but wouldn't use it right now because housing market has moderated; says English posing many questions on DTI
Westpac annual cash profit falls as expenses rise faster than income, net interest margin falls 12 basis points
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Westpac annual cash profit falls as expenses rise faster than income, net interest margin falls 12 basis points
Major international report on the effectiveness of macro-prudential tools says the evidence 'remains tentative'
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Major international report on the effectiveness of macro-prudential tools says the evidence 'remains tentative'
RBNZ's Wheeler expects banks to pass on most of OCR cut; says RBNZ will send debt to income multiple limit plan to English in next week or two, but unlikely to be introduced this year; says migration putting downward pressure on wages
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RBNZ's Wheeler expects banks to pass on most of OCR cut; says RBNZ will send debt to income multiple limit plan to English in next week or two, but unlikely to be introduced this year; says migration putting downward pressure on wages
Mystery shop finds Aussie banks have tightened lending criteria but the more aggressive are still prepared to lend 9.4x income for investor mortgages & 6.2x for owner-occupiers
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Mystery shop finds Aussie banks have tightened lending criteria but the more aggressive are still prepared to lend 9.4x income for investor mortgages & 6.2x for owner-occupiers