Financial Stability
The RBNZ says debt to income restrictions could prevent about 10,000 borrowers from buying a house, reduce house sales volumes by about 9%, trim house prices and credit growth by up to 5%, and shave 0.1% off GDP
9th Jun 17, 7:49am
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The RBNZ says debt to income restrictions could prevent about 10,000 borrowers from buying a house, reduce house sales volumes by about 9%, trim house prices and credit growth by up to 5%, and shave 0.1% off GDP
ANZ's Cameron Bagrie suggests New Zealanders may be ready to 'eat broccoli' by making some hard economic decisions such as implementing a comprehensive capital gains tax
7th Jun 17, 12:33pm
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ANZ's Cameron Bagrie suggests New Zealanders may be ready to 'eat broccoli' by making some hard economic decisions such as implementing a comprehensive capital gains tax
Debt-to-income ratio limits might not have 'terribly big effects' on first home buyer sector, the RBNZ's macro-stability head tells interest.co.nz; But it depends on how tool is calibrated; Cost-benefit analysis 'not easy'
3rd Jun 17, 6:02am
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Debt-to-income ratio limits might not have 'terribly big effects' on first home buyer sector, the RBNZ's macro-stability head tells interest.co.nz; But it depends on how tool is calibrated; Cost-benefit analysis 'not easy'
The RBNZ notes small banks have doubled their share of new mortgage commitments since 2014, and that rapid lending growth carries risk
1st Jun 17, 9:47am
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The RBNZ notes small banks have doubled their share of new mortgage commitments since 2014, and that rapid lending growth carries risk
The RBNZ says a significant proportion of New Zealand borrowers are vulnerable to a material increase in mortgage rates, with Auckland borrowers appearing particularly vulnerable
31st May 17, 2:40pm
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The RBNZ says a significant proportion of New Zealand borrowers are vulnerable to a material increase in mortgage rates, with Auckland borrowers appearing particularly vulnerable
RBNZ gives clearest signals yet how and where it could pitch a debt-to-income ratio restricting tool for mortgage borrowers, and which type of borrowers would be targeted
31st May 17, 12:19pm
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RBNZ gives clearest signals yet how and where it could pitch a debt-to-income ratio restricting tool for mortgage borrowers, and which type of borrowers would be targeted
Live-streamed video from the May 2017 RBNZ Financial Stability Report press conference with Governor Graeme Wheeler
31st May 17, 10:59am
Live-streamed video from the May 2017 RBNZ Financial Stability Report press conference with Governor Graeme Wheeler
Reserve Bank warns of risks if house price rises return, says current building activity below what's required given rapid population growth & existing shortage; 'Significant share of house lending at high DTIs'; Paper still in the works
31st May 17, 9:18am
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Reserve Bank warns of risks if house price rises return, says current building activity below what's required given rapid population growth & existing shortage; 'Significant share of house lending at high DTIs'; Paper still in the works
David Hargreaves crunches some of the official numbers on mortgage interest rates
17th May 17, 3:15pm
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David Hargreaves crunches some of the official numbers on mortgage interest rates
Reserve Bank says its forecasting ability could be improved if Statistics New Zealand moved to monthly production of inflation data
15th May 17, 5:00pm
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Reserve Bank says its forecasting ability could be improved if Statistics New Zealand moved to monthly production of inflation data
The IMF criticises the RBNZ's idiosyncratic light handed regulation of NZ's banks, but notes effective supervision requires political will as a catalyst and adequate resources
13th May 17, 10:28am
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The IMF criticises the RBNZ's idiosyncratic light handed regulation of NZ's banks, but notes effective supervision requires political will as a catalyst and adequate resources
Live-streamed video from the May 2017 RBNZ press conference with Governor Graeme Wheeler
11th May 17, 9:45am
Live-streamed video from the May 2017 RBNZ press conference with Governor Graeme Wheeler
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
11th May 17, 9:05am
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Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
Westpac NZ CEO David McLean 'not terribly concerned' about Auckland first home buyers' ability to service their mortgages if interest rates rise to 7.5%
10th May 17, 5:02am
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Westpac NZ CEO David McLean 'not terribly concerned' about Auckland first home buyers' ability to service their mortgages if interest rates rise to 7.5%
IMF calls for a more intensive approach to bank supervision from the RBNZ, deposit insurance and a debt-to-income cap tool in its Financial Sector Assessment Program report on NZ
9th May 17, 7:53am
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IMF calls for a more intensive approach to bank supervision from the RBNZ, deposit insurance and a debt-to-income cap tool in its Financial Sector Assessment Program report on NZ
Govt has been concerned for 'some time' about risks from rising mortgage rates as house price boom stretched borrower serviceability limits, PM says; 'Borrowers go in with eyes open about risks; Fundamental issue is still supply'
8th May 17, 6:12pm
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Govt has been concerned for 'some time' about risks from rising mortgage rates as house price boom stretched borrower serviceability limits, PM says; 'Borrowers go in with eyes open about risks; Fundamental issue is still supply'
RBNZ Deputy Governor Geoff Bascand stepping up as Head of Financial Stability from September
26th Apr 17, 10:46am
RBNZ Deputy Governor Geoff Bascand stepping up as Head of Financial Stability from September
NZ's rising debt-to-income ratios for new property lending presenting additional risks; New DTI restriction tool could help - Reserve Bank of Australia
18th Apr 17, 2:36pm
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NZ's rising debt-to-income ratios for new property lending presenting additional risks; New DTI restriction tool could help - Reserve Bank of Australia
David Hargreaves would like to seen any review of the Reserve Bank undertaken as a part of a root-and-branch overhaul of its governing legislation
15th Apr 17, 7:28am
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David Hargreaves would like to seen any review of the Reserve Bank undertaken as a part of a root-and-branch overhaul of its governing legislation
New RBNZ figures show over a quarter of the amount owed on mortgages in this country is for investment property, while over 40% of that money is on interest-only terms
6th Apr 17, 4:04pm
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New RBNZ figures show over a quarter of the amount owed on mortgages in this country is for investment property, while over 40% of that money is on interest-only terms
New figures show the previously rapidly rising mortgage borrowing surge has been stemmed; Reserve Bank begins new series of monthly statistics
5th Apr 17, 3:46pm
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New figures show the previously rapidly rising mortgage borrowing surge has been stemmed; Reserve Bank begins new series of monthly statistics
Reserve Bank says monetary policy will be accommodative for a considerable period and numerous uncertainties remain
23rd Mar 17, 9:06am
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Reserve Bank says monetary policy will be accommodative for a considerable period and numerous uncertainties remain
BNZ economists disagree with the Reserve Bank's view that the risks are equal of interest rates moving up or down; BNZ sees inflation much higher and economic growth much lower than central bank predicts
13th Mar 17, 3:06pm
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BNZ economists disagree with the Reserve Bank's view that the risks are equal of interest rates moving up or down; BNZ sees inflation much higher and economic growth much lower than central bank predicts
What will 'strong on a standalone basis' mean for NZ's major banks as the RBNZ moves to review their regulatory capital requirements?
9th Mar 17, 10:34am
What will 'strong on a standalone basis' mean for NZ's major banks as the RBNZ moves to review their regulatory capital requirements?
The Superannuation issue is just one example of a Government continually pushing problems out into the future for others to deal with
8th Mar 17, 5:00pm
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The Superannuation issue is just one example of a Government continually pushing problems out into the future for others to deal with