Latest fromMonetary Policy

Brian Fallow: Loan restrictions shrewd move
The Reserve Bank has abandoned its one-size-fits-all approach to loan-to-value ratio curbs recognising house price inflation is an Auckland problem.

New housing rules: How will you fare?
Investor association slams Reserve Bank’s bid to rein in Auckland house prices, saying it will push up rents and ruin first home buyers' chances.

Loan rules will have little impact
New lending restrictions to be imposed on Auckland property investors will do little to cool the surging market.

Dollar drops after Reserve Bank report
The dollar weakened after the Reserve Bank governor reiterated the currency was "unjustified and unsustainable".

Brian Fallow: Reserve Bank buys us some time
Economics editor Brian Fallow says today's Reserve Bank move is crude, ad hoc and temporary - but it buys some time.

New LVRs safe for banks but won't fix bubble
The Reserve Bank's new lending restrictions will make banks' books safer but may fail to cool the Auckland's housing market.

Investors need 30% deposit
Reserve Bank targets Auckland property investors with new lending restrictions as it looks to take the heat out of the market.

What mortgage rules mean for tenants
Landlords says tenants will suffer from the Reserve Bank's 30 per cent rental property LVRs and rentals will become scarce.

Auckland house prices plateau
The Auckland region median dwelling sale price remained frozen over the last month at $720,000, but dropped in three areas.

New rules on Auckland home lending
New, Auckland-only rules for property lending may be unveiled as early as tomorrow morning.

Dollar continues decline ahead of RBNZ decision
The NZ dollar touched 92.82 Australian cents, its lowest level since late January, as traders price in rate cuts.

Dollar may drop due to rate cuts
The dollar may decline this week as economists bet the Reserve Bank will start cutting interest rates as early as next month.

NZ dollar slips to three-week low
The kiwi touched 74.23 US cents, and was trading at 74.43 cents at 8am in Wellington, from 74.99 cents at 5pm yesterday.

Saving China's economy
China has had 35 years of hypergrowth, but now it's over. It's going to have to settle for really, really good growth instead.

Dollar holds at lower levels overnight
The kiwi dropped yesterday after data showed annual wage inflation in the private sector slowed to a 0.3 per cent pace in the three months ended March 31.

Expect a higher deficit
Finance Minister Bill English has confirmed that this month’s Budget will see the surplus forecast a year ago turn into a deficit slightly higher than forecasted in December.

$800K the average thanks to 'super 10'
QV's latest figures show the average property value for the Auckland region has now broken into the $800,000s, fuelled by Auckland City-South.

Cash rate tipped to hold, for now
The Reserve Bank is expected to keep its official cash rate unchanged at 3.5 per cent on Thursday but in the accompanying statement to shift the guidance needle slightly to the easier side of neutral.