Macroprudential tools
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
143
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
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
156
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
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
14
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
122
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
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
64
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
78
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
2
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
43
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
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
87
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
RBNZ Deputy Governor: Saying goodbye to mortgage lending restrictions won't cause rapid credit growth - the bigger risk right now is banks being too conservative
21st Apr 20, 7:12pm
55
RBNZ Deputy Governor: Saying goodbye to mortgage lending restrictions won't cause rapid credit growth - the bigger risk right now is banks being too conservative
Reserve Bank eyes removal of loan-to-value ratio mortgage restrictions in response to COVID-19 economic downturn for at least a year
21st Apr 20, 10:15am
235
Reserve Bank eyes removal of loan-to-value ratio mortgage restrictions in response to COVID-19 economic downturn for at least a year
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
83
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
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
17
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
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
20th Feb 20, 10:33am
116
New Reserve Bank figures show that household debt to income ratios are blowing out again after reducing during 2018
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
12th Feb 20, 2:09pm
58
Reserve Bank is indicating that it has now done with any further interest rate cuts unless the impacts of coronavirus prove more long lasting than it currently anticipates; dollar and swap rates up
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
46
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
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
21st Jan 20, 11:45am
23
ANZ economists now see no further cuts at all to the Official Cash Rate this year after only a matter of weeks ago forecasting three further cuts
David Hargreaves cunningly avoids making any predictions as he outlines some of the economic-related issues he's looking out for in the year ahead
15th Jan 20, 11:10am
37
David Hargreaves cunningly avoids making any predictions as he outlines some of the economic-related issues he's looking out for in the year ahead
David Hargreaves tries to overcome his astonishment at the speed with which 2019 has disappeared and outlines some of the key economic developments as he has seen it over the past 12 months
17th Dec 19, 8:11am
57
David Hargreaves tries to overcome his astonishment at the speed with which 2019 has disappeared and outlines some of the key economic developments as he has seen it over the past 12 months
David Hargreaves assesses the country's missed infrastructure opportunity while conceding that the Coalition has set itself up well for the election campaign next year
12th Dec 19, 2:42pm
14
David Hargreaves assesses the country's missed infrastructure opportunity while conceding that the Coalition has set itself up well for the election campaign next year
David Hargreaves looks at the astonishing change in mood across the country in the last few weeks and how that leaves us placed for next year - election year
10th Dec 19, 10:23am
64
David Hargreaves looks at the astonishing change in mood across the country in the last few weeks and how that leaves us placed for next year - election year
ANZ economists say a 'realistic guess' is that the Government will lift its net debt to about 23% of GDP, from the current 20%, by the year 2022
5th Dec 19, 2:43pm
15
ANZ economists say a 'realistic guess' is that the Government will lift its net debt to about 23% of GDP, from the current 20%, by the year 2022
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
5th Dec 19, 1:22pm
2
ANZ economists now see OCR only going as low as 0.75% following a softening of the RBNZ proposals for bank capital, combined with a more positive domestic outlook and in particular upside to government infrastructure spending
David Hargreaves tries to make sense of the Government's signalled plans to have a spend-up on infrastructure
2nd Dec 19, 10:23am
37
David Hargreaves tries to make sense of the Government's signalled plans to have a spend-up on infrastructure
Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.
29th Nov 19, 5:00am
13
Gareth Vaughan says the RBNZ's latest Financial Stability Report highlights for banks, insurers and non-bank deposit takers that their regulator will be sticking its nose into their business more often and in more ways than in the past.