Financial Stability

[Updated]
4th Mar 21, 3:30pm
Nearly 40% of bank lending to residential property investors is on interest-only arrangements - RBNZ tight-lipped on whether this is too high, but raises concerns over leverage
[Updated]
Nearly 40% of bank lending to residential property investors is on interest-only arrangements - RBNZ tight-lipped on whether this is too high, but raises concerns over leverage
4th Mar 21, 3:30pm
2nd Mar 21, 4:09pm
The Government is making noises about putting housing investors to the sword. But will it follow through? And will this help?
The Government is making noises about putting housing investors to the sword. But will it follow through? And will this help?
2nd Mar 21, 4:09pm
1st Mar 21, 2:08pm
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
Westpac economists believe the latest inflation spike will prove temporary and won't require interest rate hikes, while they say the markets also over reacted to RBNZ remit changes from Grant Robertson
1st Mar 21, 2:08pm
26th Feb 21, 2:08pm
NZ dollar falls as Adrian Orr says the Monetary Policy Committee is 'only focussed' on its inflation and employment targets
NZ dollar falls as Adrian Orr says the Monetary Policy Committee is 'only focussed' on its inflation and employment targets
26th Feb 21, 2:08pm
[Updated]
25th Feb 21, 9:43am
Robertson to require the RBNZ to consider house prices when setting monetary policy and through the way it regulates banks; Seeks more info on DTIs and interest only mortgages
[Updated]
Robertson to require the RBNZ to consider house prices when setting monetary policy and through the way it regulates banks; Seeks more info on DTIs and interest only mortgages
25th Feb 21, 9:43am
24th Feb 21, 4:03pm
In its latest Monetary Policy Statement the Reserve Bank is forecasting a house price inflation peak of 22.4% in June this year before falling to 10.2% by the end of the year
In its latest Monetary Policy Statement the Reserve Bank is forecasting a house price inflation peak of 22.4% in June this year before falling to 10.2% by the end of the year
24th Feb 21, 4:03pm
22nd Feb 21, 2:11pm
NZ will have to wait a couple more weeks to find out how the Govt plans to address the housing crisis, as the latest COVID-19 outbreak moves housing down the priority list
NZ will have to wait a couple more weeks to find out how the Govt plans to address the housing crisis, as the latest COVID-19 outbreak moves housing down the priority list
22nd Feb 21, 2:11pm
22nd Feb 21, 10:54am
The past year finished with the fourth consecutive monthly record high of mortgage lending, while despite the 'lost' month of April, some $8 billion more was borrowed in 2020 than the year before
The past year finished with the fourth consecutive monthly record high of mortgage lending, while despite the 'lost' month of April, some $8 billion more was borrowed in 2020 than the year before
22nd Feb 21, 10:54am
20th Feb 21, 12:27pm
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
No changes to the country's monetary policy settings are expected when the Reserve Bank has its first review of the year next week - but everybody will be looking for clues as to what comes next
20th Feb 21, 12:27pm
19th Feb 21, 9:00am
RBNZ expects LVRs to shave up to 4 percentage points off house price inflation and lower bank lending to property investors by as much as 40%
RBNZ expects LVRs to shave up to 4 percentage points off house price inflation and lower bank lending to property investors by as much as 40%
19th Feb 21, 9:00am
17th Feb 21, 8:11am
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
David Hargreaves says the RBNZ was always going to remain 'dovish' in its review next week anyway, which is probably okay for now. But the future is a worry
17th Feb 21, 8:11am
16th Feb 21, 8:27am
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
In their latest quarterly overview Westpac economists warn that when interest rates do eventually rise 'house prices will fall'; also caution that the Govt may consider limiting deductibility on interest for investors
16th Feb 21, 8:27am
15th Feb 21, 11:53am
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
Westpac economists say the weekly hit to the economy with Auckland on Level 3 and the rest of NZ at Level 2 is about $300 million
15th Feb 21, 11:53am
11th Feb 21, 8:29am
David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
David Hargreaves says anything that Finance Minister Grant Robertson is planning to introduce in order to ease housing market demand pressures needs to help - not hinder - measures already being put in place, particularly by the RBNZ
11th Feb 21, 8:29am
10th Feb 21, 1:53pm
The RBNZ suggests exempting certain groups from debt-to-income restrictions would be difficult, as the Finance Minister expresses concerns over the impact these restrictions would have on first-home buyers
The RBNZ suggests exempting certain groups from debt-to-income restrictions would be difficult, as the Finance Minister expresses concerns over the impact these restrictions would have on first-home buyers
10th Feb 21, 1:53pm
9th Feb 21, 10:27am
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
Westpac economists say the severe housing shortages that have been dogging New Zealand are now 'rapidly eroding'
9th Feb 21, 10:27am
[Updated]
9th Feb 21, 10:20am
RBNZ targets residential property investors with new high LVR restrictions: Most investors to need 40% deposits and most owner-occupiers 20% deposits
[Updated]
RBNZ targets residential property investors with new high LVR restrictions: Most investors to need 40% deposits and most owner-occupiers 20% deposits
9th Feb 21, 10:20am
7th Feb 21, 6:02am
A flurry of unexpectedly strong economic data and a raging hot house market are putting our central bank in a position it could not have envisaged being in a year ago
A flurry of unexpectedly strong economic data and a raging hot house market are putting our central bank in a position it could not have envisaged being in a year ago
7th Feb 21, 6:02am
27th Jan 21, 2:11pm
David Hargreaves looks at some of the options for dampening demand in the housing market while we wait for the supply of housing to catch up
David Hargreaves looks at some of the options for dampening demand in the housing market while we wait for the supply of housing to catch up
27th Jan 21, 2:11pm
25th Jan 21, 3:23pm
Kiwibank economists suggest the Reserve Bank should make banks 'reprice' higher risk interest-only and investor loans
Kiwibank economists suggest the Reserve Bank should make banks 'reprice' higher risk interest-only and investor loans
25th Jan 21, 3:23pm
21st Jan 21, 1:28pm
Westpac economists expect annual house price inflation will peak at 20% later this year, 'which is not an environment conducive to further OCR cuts'
Westpac economists expect annual house price inflation will peak at 20% later this year, 'which is not an environment conducive to further OCR cuts'
21st Jan 21, 1:28pm
20th Jan 21, 1:26pm
ANZ economists expect the housing market will cool 'in time', but exactly when is highly uncertain, given that momentum in the market can be slow to moderate
ANZ economists expect the housing market will cool 'in time', but exactly when is highly uncertain, given that momentum in the market can be slow to moderate
20th Jan 21, 1:26pm
19th Jan 21, 11:36am
David Hargreaves says the ability of first home buyers to keep competing in the viciously competitive housing market will be a key thing to watch this year
David Hargreaves says the ability of first home buyers to keep competing in the viciously competitive housing market will be a key thing to watch this year
19th Jan 21, 11:36am
15th Dec 20, 2:17pm
David Hargreaves examines the largest bank's move to go further than the Reserve Bank in reining in housing investors
David Hargreaves examines the largest bank's move to go further than the Reserve Bank in reining in housing investors
15th Dec 20, 2:17pm
15th Dec 20, 11:47am
With a debt-to-income ratio tool back on the table, Gareth Vaughan looks at the political and other challenges the RBNZ needs to overcome to be granted the financial stability tool
With a debt-to-income ratio tool back on the table, Gareth Vaughan looks at the political and other challenges the RBNZ needs to overcome to be granted the financial stability tool
15th Dec 20, 11:47am

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