Macroprudential tools
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
27th Jun 22, 2:34pm
61
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again
27th Jun 22, 1:45pm
67
Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again
[updated]
Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
14th Jun 22, 11:25am
97
Statistics New Zealand says food prices rose a seasonally adjusted 0.8% last month, with the annual rise climbing to 6.8%
NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
24th May 22, 12:17pm
56
NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
23rd May 22, 11:27am
60
Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
12th May 22, 11:14am
7
Statistics New Zealand says food prices climbed 0.1% last month, with the rise in minimum wage having an impact
Reserve Bank Deputy Governor confirms LVRs will remain in place if new restrictions are applied to mortgage lending; Says the RBNZ will start publishing macroprudential policy projections
28th Apr 22, 11:11am
29
Reserve Bank Deputy Governor confirms LVRs will remain in place if new restrictions are applied to mortgage lending; Says the RBNZ will start publishing macroprudential policy projections
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool
28th Apr 22, 10:04am
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool
[updated]
RBNZ to develop debt-to-income ratio framework for mortgage lending, but won't set banks' test interest rates at this stage
27th Apr 22, 10:37am
84
RBNZ to develop debt-to-income ratio framework for mortgage lending, but won't set banks' test interest rates at this stage
David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
20th Apr 22, 2:13pm
191
David Hargreaves says we need to be keeping a close eye on what happens when households face - as they will - enormous increases in mortgage payments
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
19th Apr 22, 2:44pm
42
ASB economists say short term fixed mortgage rate rises 'still have quite a way to go' this year
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
19th Apr 22, 9:51am
205
RBNZ Governor says the central bank needs to 'retain anti-inflation bias in everything we do' to prevent inflation expectations becoming 'baked in' to price setting
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
13th Apr 22, 2:12pm
25
David Hargreaves says the RBNZ needed to send a message to the markets that rampant inflation is its sole priority at the moment; an approach that is made possible by the - for now - buoyant state of the labour market
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
13th Apr 22, 11:15am
45
Statistics New Zealand says the 7.6% annual hike in food prices is the biggest since 2011 - and that was affected by a GST rise; general inflation set to top 7% annual rate as at end of March
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
11th Apr 22, 2:21pm
107
ASB economists say last week's 'big lift' in wholesale interest rates added to the upside pressure on mortgage rates
David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
6th Apr 22, 11:52am
116
David Hargreaves examines two key speeches made this week that signal how bad inflation is getting - and why it will not be a short run thing
David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
5th Apr 22, 2:34pm
86
David Hargreaves frets about developments in China and can see little hope for inflationary pressures easing in the short term
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
4th Apr 22, 2:53pm
45
ASB economists sticking with their pick of 25 basis point hikes at each of the next two RBNZ rate review, but concede the odds 'aren't much better than a coinflip at this point in proceedings'
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
23rd Mar 22, 11:50am
93
ASB economists see a $15 bln hit to NZ's household budgets this year, with housing costs spiking 8%
ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
23rd Mar 22, 8:30am
112
ANZ economists say the Reserve Bank will need to 'move aggressively' to defend its inflation target from people's rising expectations - and that won't be good for economic growth
BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
14th Mar 22, 2:48pm
50
BNZ economists say they are raising their inflation forecasts on an almost daily basis while ASB economists are seeing a 'Costpocalypse'
NZ Bankers' Association argues there'd be 'real risk of adverse customer impact' if the RBNZ introduces a debt-to-income ratio cap for home loan borrowers
11th Mar 22, 12:23pm
31
NZ Bankers' Association argues there'd be 'real risk of adverse customer impact' if the RBNZ introduces a debt-to-income ratio cap for home loan borrowers
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
10th Mar 22, 9:17am
92
David Hargreaves assesses the economic landscape as the Reserve Bank gets inexorably drawn into a 'squeeze it to death' struggle with inflation
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
7th Mar 22, 3:45pm
56
ASB economists now see NZ inflation driving up over 7% in the first half of this year, mainly on the back of surging oil prices
David Hargreaves assesses the return of the old enemy - inflation expectations
1st Mar 22, 12:41pm
75
David Hargreaves assesses the return of the old enemy - inflation expectations