Latest fromMonetary Policy

Reserve Bank boss backs loan curbs
Graeme Wheeler delivered a trenchant defence of the bank's curbs on high loan-to-value ratio home loans yesterday when challenged by National MP Jami-Lee Ross that the regime had been "almost too effective".

Gradual LVR easing tipped by bank
The Reserve Bank is indicating the removal of restrictions on high loan-to-value home loans may be gradual rather than a now-you-see-it, now-you-don't affair.

Reserve Bank plans bank stress testing
The Reserve Bank is developing a stress testing framework for the nation's lenders to gauge their health in the event of a downturn.

Lending rules hit harder than expected
The Reserve Bank's restrictions on low deposit mortgage lending took more borrowing out of the system than expected.

House sales dive 20pc
The number of house sales fell 20 per cent last month, with sales declining across all regions, but prices continue to rise, latest figures show.

LVR rules may go by the end of the year
The Reserve Bank's curbs on bank lending to low deposit borrowers could be removed by the end of the year.

Brian Fallow: Wheeler fires exchange rate warning shot
Graeme Wheeler pointedly reminded us of his power to intervene if the kiwi dollar continues to climb while export commodity prices fall, writes Brian Fallow.

RBNZ may intervene to sell currency - Wheeler
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.

Auckland house prices, sales slump
The average Auckland house sale price and volumes achieved by the city's biggest real estate agency dropped from $725,708 in March to $708,603 last month.