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Live-streamed video from the May 2021 RBNZ Financial Stability Review press conference with Deputy Governor Geoff Bascand

Live-streamed video from the May 2021 RBNZ Financial Stability Review press conference with Deputy Governor Geoff Bascand

This news conference will start at about 11:00am. You can view it in the panel below.

Our report on what this May 2021 Monetary Policy Statement means is here and will be updated as necessary following this news conference.

The RBNZ media release is here, with the "report in pictures' here.

Today's full Financial Stability Report is here.

When the live news conference is finished we will place a video recording of it on this page as soon as it becomes available.

 

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.

10 Comments

Listing to them, is clear that they have no intention to act and will follow policy of wait and watch to play with time.

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In primilary accessing posistion..still at initial stage...wow

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"House price sustainability is a fairly new concept". Didn't realise this was the RBNZ amateur stand-up comedy special.

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When asked why he prefer DTI over interest only loan, had no answere but going round round with no sense.

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They are so uncomfortable that look unconvincing while facing the media.

They have screwed themself as is evident from their body language.

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Word salad. Par excellence.

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Lots of waffle, these guys are simply not prepared to put actual numbers on anything. I guess your going to be held accountable when you actually have numbers in play.

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They're just missing the "well, you have to understand that Saturn is in retrograde right now" bit

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"Its a little more nuanced than that Bernard "

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Was not really that interesting until right at the end with the digital currency and finally some numbers on what house prices would need to fall before the housing market gets into trouble. Because the gains have been so huge over the last 6 months, pretty much anyone who has purchased a house over a year ago is out of danger.

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