Financial Stability
David Hargreaves is pleased the Government has decided to hold aside most of its designated pandemic money till after the election
21st Jul 20, 2:05pm
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David Hargreaves is pleased the Government has decided to hold aside most of its designated pandemic money till after the election
Ian Woolford, who oversaw RBNZ's review of bank capital requirements, moves to new role as RBNZ's Head of Money and Cash
7th Jul 20, 11:17am
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Ian Woolford, who oversaw RBNZ's review of bank capital requirements, moves to new role as RBNZ's Head of Money and Cash
David Hargreaves says the willingness or otherwise of Kiwis to keep spending in coming months will be a key factor in how well our economy recovers
5th Jul 20, 6:02am
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David Hargreaves says the willingness or otherwise of Kiwis to keep spending in coming months will be a key factor in how well our economy recovers
The NZ dollar may have strengthened, but trying to weaken it wouldn't achieve as much as it would've before Covid smashed international tourism, argues banking consultant
3rd Jul 20, 2:56pm
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The NZ dollar may have strengthened, but trying to weaken it wouldn't achieve as much as it would've before Covid smashed international tourism, argues banking consultant
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
30th Jun 20, 3:28pm
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New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
Finance Minister Grant Robertson says average $35 mln annual funding increase for RBNZ over five years comes with staff numbers expected to increase by 172
26th Jun 20, 4:34pm
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Finance Minister Grant Robertson says average $35 mln annual funding increase for RBNZ over five years comes with staff numbers expected to increase by 172
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
25th Jun 20, 3:33pm
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Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
Bank for International Settlements paper points out the financial stability implications of mortgage deferrals will be driven by the extent to which borrowers are willing & able to repay once 'holidays' end
6th Jun 20, 10:02am
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Bank for International Settlements paper points out the financial stability implications of mortgage deferrals will be driven by the extent to which borrowers are willing & able to repay once 'holidays' end
With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
4th Jun 20, 11:57am
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With a likely move to the near-normality of level 1 soon, crunch time is approaching for the economy, the jobs market and the housing market
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
29th May 20, 5:57pm
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The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
29th May 20, 9:01am
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Brian Fallow provides a timely reminder that NZ banks are reliant on imported credit, the flip side of NZ households’ collective tendency to spend more than their income
RBNZ Governor Adrian Orr says bank regulatory capital increases on ice during COVID-19 crisis remain very much in the regulator's plans
28th May 20, 5:00am
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RBNZ Governor Adrian Orr says bank regulatory capital increases on ice during COVID-19 crisis remain very much in the regulator's plans
Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
27th May 20, 11:34am
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Figures produced by the RBNZ suggest that house price falls in excess of 20% would start to produce large numbers of people in negative equity
Reserve Bank says banks' loan losses will 'rise materially from current low levels', however they should be able to cope in all but the most severe scenarios
27th May 20, 9:44am
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Reserve Bank says banks' loan losses will 'rise materially from current low levels', however they should be able to cope in all but the most severe scenarios
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
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Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
21st May 20, 11:25am
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David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
RBNZ Governor says banks will need to be 'forgiving' as more people are set to lose their jobs as mortgage repayment deferrals expire
19th May 20, 5:12pm
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RBNZ Governor says banks will need to be 'forgiving' as more people are set to lose their jobs as mortgage repayment deferrals expire
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
19th May 20, 1:58pm
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David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
18th May 20, 3:50pm
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New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
13th May 20, 5:21pm
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The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
13th May 20, 3:11pm
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Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago
30th Apr 20, 4:55pm
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The Reserve Bank says its restrictions on high loan to value lending will be removed for at least 12 months as it signposted a week ago
The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion
30th Apr 20, 3:38pm
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The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion
New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
29th Apr 20, 3:37pm
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New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding
24th Apr 20, 8:00am
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The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding