Reserve Bank delays start of new rules
The Reserve Bank has delayed the start of changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October
The Reserve Bank has delayed the start of changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October
The BNZ has followed in the footsteps of its Australian-owned rivals shaving a tiny fraction off its floating mortgage rate and boosting
COMMENT: There is little NZ can do about high dollar or inflation.
Reserve Bank Governor Graeme Wheeler talks to Liam Dann about the issues behind the rates cut decision.
Kiwibank is cutting 0.20 percentage points off its floating rate mortgages, while ANZ, ASB and Westpac will shave a smaller amount.
Westpac has now joined ANZ bank and cut mortgage rates after the Reserve Bank dropped the OCR this morning.
Labour housing spokesman Phil Twyford has called for a bank lending loophole to be closed, saying it is accidentally capturing people
COMMENT: Reserve Bank is expected to lower its base interest rate again but the target range puts it under undue pressure.
EDITORIAL: This country has no need to lower its interest rates.
New restrictions on property investors could see nationwide house sales fall as much as 25pc in a year, but the effects are likely to be temporary .
The Reserve Bank driven the exchange rate down after it signalled a likely cut in the cash rate next month and raised possibility of further reduction.
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
Prime Minister John Key has expressed further frustration about the Reserve Bank's response to rising house prices.
The US Federal Reserve has left its benchmark interest rate unchanged amid fresh doubts about the health of the U.S. job market and 'Brexit' fears.
Prime Minister John Key says he "potentially" supports income-related restrictions on mortgage lending.
One of the wildest ideas to hit the US Presidential campaign trail might become a reality sooner than you would think.
New lending restrictions to prevent people borrowing too much relative to their income are on the cards.
Bill English says the Government could set a house price-to-income ratio to ensure councils release the right amount of land to keep housing affordable.
What is the lesser of two evils - the housing bubble or low inflation? It's a tough choice when you consider the limited ability of monetary policy to definitively solve either problem.
COMMENT: The Reserve Bank is back in a familiar place - between those two rocks of very low CPI inflation and very high house price inflation.
The Reserve Bank could expand mortgage lending restrictions in an effort to head off the housing boom as it rolls down the country, economists say.
An Auckland economist says recent changes to tax and deposit rules didn't dampen the property market - and he expects prices to keep climbing.
Inflation for the first quarter of the year was bang on Reserve Bank expectations and won't add weight for another rate cut next week, say economists.
Latest CPI stats show that plunging petrol prices have been cancelled out by rising tobacco prices, pushing inflation to 0.2pc.
Westpac economist says a resurgent property market means new lending restrictions are likely.
Brexit and growing economic inequality has been highlighted by the IMF as a risk to the global economy.
Real estate chief says fears about Auckland property market unfounded as prices rocket 14 per cent.
Blogger Michael Reddell says he makes no claims as to authenticity of the information he received but wanted to ensure the Reserve Bank's process was robust.