Lending
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
Adrian Orr sees the economy making a 'sluggish' rather than a 'V-shaped' recovery; Says retail banks should lend 'courageously' but 'we need to keep open-minded to other forms of credit'
16th Apr 20, 7:40pm
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Adrian Orr sees the economy making a 'sluggish' rather than a 'V-shaped' recovery; Says retail banks should lend 'courageously' but 'we need to keep open-minded to other forms of credit'
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
1st Apr 20, 1:22pm
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We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
30th Mar 20, 1:13pm
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Westpac economists say after a drop in the second half of this year house prices will next year slowly start returning to their 'pre-Covid-19 trajectory'
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
25th Mar 20, 3:45pm
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Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
10th Mar 20, 1:44pm
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ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
Finance Minister Grant Robertson urges banks to keep lending to even their more 'challenging' dairy farming customers, noting banks are best-placed to support businesses' cash flow
3rd Mar 20, 2:36pm
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Finance Minister Grant Robertson urges banks to keep lending to even their more 'challenging' dairy farming customers, noting banks are best-placed to support businesses' cash flow
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
20th Feb 20, 10:33am
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New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
Westpac economists: Tax reform is the only effective way to solve NZ's housing affordability problem
Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
18th Feb 20, 11:48am
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Westpac economists, who nearly a year ago forecast surging house prices for this year, now say house price inflation will hit 10%
New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
29th Jan 20, 3:35pm
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New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
ASB senior economist welcomes increase in investor confidence but questions the idea of confidence 'being driven by an investors’ house rather than things like KiwiSaver, the share market or investment property'
29th Jan 20, 5:14am
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ASB senior economist welcomes increase in investor confidence but questions the idea of confidence 'being driven by an investors’ house rather than things like KiwiSaver, the share market or investment property'
ANZ economists believe there is even 'upside risk' to their 8% house price rise forecast but do believe 'a number of headwinds' will keep the market in check
22nd Jan 20, 11:35am
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ANZ economists believe there is even 'upside risk' to their 8% house price rise forecast but do believe 'a number of headwinds' will keep the market in check
ANZ economists say 'if things really start to get silly' in the housing market, the Reserve Bank would have the option of tightening loan to value ratio restrictions again
13th Jan 20, 1:12pm
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ANZ economists say 'if things really start to get silly' in the housing market, the Reserve Bank would have the option of tightening loan to value ratio restrictions again
Auckland Council says the city's housing market has benefited from regulatory and structural changes
28th Nov 19, 3:03pm
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Auckland Council says the city's housing market has benefited from regulatory and structural changes
David Hargreaves says the Reserve Bank's decision to leave existing loan to value ratio restrictions in place means it's unlikely there will be further relaxation of the rules for at least a year
28th Nov 19, 9:54am
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David Hargreaves says the Reserve Bank's decision to leave existing loan to value ratio restrictions in place means it's unlikely there will be further relaxation of the rules for at least a year
Reserve Bank keeps restrictions on mortgage lending in place, noting the low interest rate environment could prompt banks to lend more to borrowers with small deposits; Governor says the Bank didn't come 'particularly close' to loosening restrictions
27th Nov 19, 9:14am
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Reserve Bank keeps restrictions on mortgage lending in place, noting the low interest rate environment could prompt banks to lend more to borrowers with small deposits; Governor says the Bank didn't come 'particularly close' to loosening restrictions
Mortgage data released on the eve of the Reserve Bank's LVR restriction review suggests first home buyers wouldn't suffer if restrictions remained in place to keep investor activity at bay
26th Nov 19, 5:59pm
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Mortgage data released on the eve of the Reserve Bank's LVR restriction review suggests first home buyers wouldn't suffer if restrictions remained in place to keep investor activity at bay
Jury out over whether the RBNZ will loosen loan-to-value ratio restrictions on Wednesday, with some observers raising doubts over whether an easing would have much of an effect
24th Nov 19, 6:31am
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Jury out over whether the RBNZ will loosen loan-to-value ratio restrictions on Wednesday, with some observers raising doubts over whether an easing would have much of an effect
Households are now increasingly expecting house price rises, while economists are tweaking their house price expectations upwards
20th Nov 19, 4:33pm
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Households are now increasingly expecting house price rises, while economists are tweaking their house price expectations upwards
New mortgage figures from the Reserve Bank show that investors had their biggest share of mortgage lending last month for a year; first home buyers are still prominent
24th Oct 19, 3:48pm
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New mortgage figures from the Reserve Bank show that investors had their biggest share of mortgage lending last month for a year; first home buyers are still prominent
ASB economists see 5%-6% nationwide house price inflation next year, with falling interest rates and population growth reviving the Auckland market and keeping regional markets 'simmering'
27th Aug 19, 10:37am
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ASB economists see 5%-6% nationwide house price inflation next year, with falling interest rates and population growth reviving the Auckland market and keeping regional markets 'simmering'
In July the first home buyers collectively borrowed over a billion dollars for the second time in three months; little sign of resurgence in investor interest
26th Aug 19, 3:58pm
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In July the first home buyers collectively borrowed over a billion dollars for the second time in three months; little sign of resurgence in investor interest
Finance Minister Grant Robertson now tight-lipped on whether the RBNZ should be able to limit bank lending based on borrowers' incomes, having previously opposed such restrictions
17th Aug 19, 9:31am
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Finance Minister Grant Robertson now tight-lipped on whether the RBNZ should be able to limit bank lending based on borrowers' incomes, having previously opposed such restrictions
Reserve Bank Chief Economist Yuong Ha says there's no evidence to suggest monetary policy is less effective the lower interest rates go
8th Aug 19, 4:29pm
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Reserve Bank Chief Economist Yuong Ha says there's no evidence to suggest monetary policy is less effective the lower interest rates go
NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down
6th Aug 19, 8:57am
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NZIER's 'shadow board' of experts commenting on the Official Cash Rate is throwing up increasing doubts about the effectiveness of continuing to push interest rates down