Latest fromMonetary Policy

Property boom: House prices soar
House prices are booming around New Zealand - with the average price of an Auckland city home rocketing to $735,692, up 12 per cent over the past year.

Support for curb on home loans
Auckland's top real estate agency has welcomed the Reserve Bank's moves to dampen the hot housing market but doesn't expect prices to suddenly drop.

Bank signals mortgage restrictions
The Reserve Bank has given strong signals that it intends to restrict mortgage lending at high loan-to-value ratios, to rein in credit growth and house price inflation.

Reserve Bank confirms intervention
The Reserve Bank of New Zealand says it intervened in foreign exchange markets in an attempt to drive the kiwi lower. It gave no details of the size of the intervention.

Reserve Bank tips risky lending limits
The Reserve Bank would impose limits on riskier mortgage lending with smaller deposits if it judged those loans to be a "significant risk" to financial stability.

NZ dollar rises after OCR review
The dollar rose as much as 0.7 per cent against the greenback after Reserve Bank governor Graeme Wheeler backed off from talking down the currency at today's monetary policy review.

David Tripe: Keep Reserve Bank out of the house
"While there's been much hand-wringing over housing prices, is intervention by the Reserve Bank really the answer?" asks David Tripe.