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Debt

MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
31st Jan 22, 11:27pm
74
MBIE review of new lending rules to report back by April; David Clark suggests impact of CCCFA changes may be exaggerated because some banks weren't complying with the old rules
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
30th Jan 22, 6:00am
116
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
Economists worry government faces 'tough gig' supporting the economy and plugging the infrastructure deficit without exacerbating inflation
21st Dec 21, 11:30am
82
Economists worry government faces 'tough gig' supporting the economy and plugging the infrastructure deficit without exacerbating inflation
Treasury slashes its debt issuance forecast, but commits to keeping a cash buffer of at least $15 billion
15th Dec 21, 1:08pm
8
Treasury slashes its debt issuance forecast, but commits to keeping a cash buffer of at least $15 billion
Economists at three of the four largest banks now see house prices dropping in 2022
1st Dec 21, 1:49pm
26
Economists at three of the four largest banks now see house prices dropping in 2022
The housing market remains amazingly buoyant even as interest rates are getting cranked up
24th Nov 21, 3:20pm
18
The housing market remains amazingly buoyant even as interest rates are getting cranked up
Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
18th Nov 21, 11:30am
3
Auckland spending has bounced after the loosening of Covid restrictions, but services spending is still well down, according to Kiwibank credit and debit card data
Governments will have to ramp up spending on environment and climate protection to get to net-zero greenhouse gas emissions, the Institute of International Finance says
18th Nov 21, 10:05am
1
Governments will have to ramp up spending on environment and climate protection to get to net-zero greenhouse gas emissions, the Institute of International Finance says
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
10th Nov 21, 5:41pm
by Toby Allen
2
Commerce Commission finds lenders and car dealers not always upfront about vehicle add-ons
Credit bureau Centrix reports rising levels of business debt stress in Auckland and Northland
2nd Nov 21, 6:12pm
8
Credit bureau Centrix reports rising levels of business debt stress in Auckland and Northland
Latest Reserve Bank monthly figures show $6.9 billion of mortgages were advanced - which is just $400 mln short of a then record total recorded in September last year
27th Oct 21, 3:39pm
22
Latest Reserve Bank monthly figures show $6.9 billion of mortgages were advanced - which is just $400 mln short of a then record total recorded in September last year
'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
12th Oct 21, 10:31am
9
'The rebound is looking less like last year’s Red bull-powered hill sprint, and more like a herbal tea inspired jog uphill'
David Hargreaves says all the language is around further interest rate rises - but his crystal ball is looking very murky when it comes to our now Covid-hit economy
6th Oct 21, 2:56pm
23
David Hargreaves says all the language is around further interest rate rises - but his crystal ball is looking very murky when it comes to our now Covid-hit economy
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
4th Oct 21, 11:31am
20
The NZIER's latest 'Shadow Board' review ahead of this week's OCR decision shows businesses going cooler on interest rate rises
Stephen Roach thinks financial markets are right to worry about China's economic prospects, but for the wrong reasons
28th Sep 21, 9:13am
19
Stephen Roach thinks financial markets are right to worry about China's economic prospects, but for the wrong reasons
The Reserve Bank is widely expected to raise the Official Cash Rate to 0.5% from the current 0.25% next week
27th Sep 21, 2:52pm
11
The Reserve Bank is widely expected to raise the Official Cash Rate to 0.5% from the current 0.25% next week
Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
23rd Sep 21, 8:44am
52
Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
David Hargreaves says the likely ongoing presence of Covid in the community poses further questions for our central bank as it looks to 'normalise' interest rates
21st Sep 21, 2:16pm
46
David Hargreaves says the likely ongoing presence of Covid in the community poses further questions for our central bank as it looks to 'normalise' interest rates
Gareth Vaughan on the danger from African Covid variants, Deutsche Bank's 'pot, kettle black' moment, Elizabeth Warren v Wells Fargo, household debt on the march & the buyers of long-term NZ government debt
17th Sep 21, 10:08am
28
Gareth Vaughan on the danger from African Covid variants, Deutsche Bank's 'pot, kettle black' moment, Elizabeth Warren v Wells Fargo, household debt on the march & the buyers of long-term NZ government debt
The RBNZ appears to have run out of live ammo to tackle the housing market right now. But David Hargreaves argues that with the housing market, it is the years ahead we need to be worrying about
8th Sep 21, 2:13pm
113
The RBNZ appears to have run out of live ammo to tackle the housing market right now. But David Hargreaves argues that with the housing market, it is the years ahead we need to be worrying about
Mainstream economics critic Steve Keen says Covid-19 has exposed the fragility of globalisation and countries like New Zealand should look to boost domestic manufacturing
8th Sep 21, 7:30am
25
Mainstream economics critic Steve Keen says Covid-19 has exposed the fragility of globalisation and countries like New Zealand should look to boost domestic manufacturing
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
3rd Sep 21, 7:39am
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
1st Sep 21, 11:53am
Data from Kiwibank economists shows a significant drop in spending during the latest lockdown - but much smaller than the drop seen at Level 4 last year
The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
31st Aug 21, 3:48pm
The continued surge in mortgage borrowing has seen the country grow its mortgage debt by over 12% in the past year
Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months
25th Aug 21, 3:27pm
40
Latest Reserve Bank monthly figures show $8.8 billion of mortgages were advanced last month, easily a record for a July; $100 billon borrowed in last 12 months