Macroprudential tools
[updated]
RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
26th Apr 23, 9:20am
117
RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
24th Apr 23, 12:06pm
66
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
We appear to be making all the same mistakes that led to the previous housing crisis. David Hargreaves says it's not a case of if we have another crisis, but when...
23rd Apr 23, 6:00am
182
We appear to be making all the same mistakes that led to the previous housing crisis. David Hargreaves says it's not a case of if we have another crisis, but when...
New research for the Reserve Bank has floated the idea of explicitly targeting interest rates against house prices. David Hargreaves says in our housing-obsessed country, surely it is time to consider such an approach
19th Apr 23, 12:08pm
87
New research for the Reserve Bank has floated the idea of explicitly targeting interest rates against house prices. David Hargreaves says in our housing-obsessed country, surely it is time to consider such an approach
New research for the Reserve Bank says if central banks had mandates to prevent unsustainably high house prices they would likely find interest rate changes more effective than macroprudential tools, such as LVR limits, to achieve this goal
13th Apr 23, 12:16pm
28
New research for the Reserve Bank says if central banks had mandates to prevent unsustainably high house prices they would likely find interest rate changes more effective than macroprudential tools, such as LVR limits, to achieve this goal
Reserve Bank provides an example of how debt-to-income ratio restrictions could be calculated
4th Apr 23, 9:30am
16
Reserve Bank provides an example of how debt-to-income ratio restrictions could be calculated
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
4th Apr 23, 9:29am
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
3rd Apr 23, 4:07pm
70
The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years
9th Mar 23, 8:30am
45
David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years
[updated]
Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis
27th Feb 23, 10:59am
47
Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis
Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income
20th Feb 23, 10:19am
55
Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income
[updated]
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
13th Dec 22, 11:08am
163
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
23rd Nov 22, 3:41pm
55
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
16th Nov 22, 9:44am
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
15th Nov 22, 3:44pm
23
Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
10th Nov 22, 1:54pm
41
Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
Keun Lee argues that, with the US exporting inflation, countries should embrace macroprudential measures
23rd Oct 22, 11:08am
2
Keun Lee argues that, with the US exporting inflation, countries should embrace macroprudential measures
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
13th Oct 22, 2:03pm
20
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
13th Oct 22, 11:12am
117
Soaring fruit and vegetable prices are a key contributor to an overall food price inflation figure that's come in much higher than economists expected
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
21st Sep 22, 11:37am
33
ASB economists say even if the Official Cash Rate is cut in 2024, average borrowing costs are unlikely to move lower until 2025
David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
17th Aug 22, 8:00am
95
David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
15th Aug 22, 10:09am
118
New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%
30th Jun 22, 8:15am
151
It's now 12 months since mortgage interest rates bottomed out. Anybody who fixed for a year and is now looking to refix will not enjoy what comes next - namely increases in monthly payments of close to 50%
Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
29th Jun 22, 3:08pm
28
Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
[updated]
Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers
28th Jun 22, 1:13pm
45
Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers