Latest Reserve Bank Headlines

Waikato Diocesan School wins Monetary Policy Challenge

Thu, 28 Jul 2016 16:49:54 +1200 | The Reserve Bank of New Zealand

Waikato Diocesan School for Girls wins Monetary Policy Challenge Waikato Diocesan School for Girls has been named the national winner of the 2016 Reserve Bank of New Zealand Monetary Policy Challenge (MPC). Scots College (Wellington) placed second ...More >>

Gordon Campbell: the Reserve Bank, the UN shortlist, & Trump

Tue, 26 Jul 2016 10:54:37 +1200 | Gordon Campbell

C an there really be there any link between the US presidential elections and yesterday’s RBNZ signals on interest rates and the NZ dollar? Well, maybe. And it would be this: the improving US economy is reportedly putting a tailwind behind the US dollar, and ...More >>

NZD edges lower as Fed meeting takes centre stage this week

Mon, 25 Jul 2016 17:14:01 +1200 | BusinessDesk

July 25 (BusinessDesk) - The New Zealand dollar dipped as investors prepare for the Federal Reserve's policy review this week and will be looking for signs the world's biggest central bank will raise interest rates later this year. More >>

LVR announcement encourages new housing supply

Mon, 25 Jul 2016 17:12:51 +1200 | Colliers International

New loan restrictions for Auckland property investors ill boost demand for ‘off the plan’ purchases and encourage new supply in a heated market. More >>

NZ dollar drops below 70 US cents after RBNZ flags rate cuts

Thu, 21 Jul 2016 17:29:15 +1200 | BusinessDesk

July 21 (BusinessDesk) - The New Zealand dollar fell dropped below 70 US cents and weakened against most all the major currencies following a Reserve Bank update that signalled further interest rate cuts are looming.More >>

All five leading retail banks require 40% property deposit

Thu, 21 Jul 2016 17:04:30 +1200 | BusinessDesk

July 21 (BusinessDesk) - All five of the country's leading retail banks have acted early to introduce restrictions on lending to property investors as part of the Reserve Bank's bid to slow the heated housing market.More >>

Banks bust a move, Government possum in the headlights

Thu, 21 Jul 2016 13:10:26 +1200 | New Zealand Labour Party

Three of the big four banks have acted responsibly by bringing the shutters down on property speculators earlier than required by the Reserve Bank, says Labour’s housing spokesperson Phil Twyford.More >>

RBNZ's 'clear' message gets traction in pushing down kiwi

Thu, 21 Jul 2016 11:16:41 +1200 | BusinessDesk

July 21 (BusinessDesk) - The Reserve Bank's "clear" message that interest rates are set to plumb a new record-low achieved got the desired effect in pushing the kiwi dollar to a month-low.More >>

HiFX Data Update - RBNZ Economic Update

Thu, 21 Jul 2016 09:40:44 +1200 | HiFX

The Reserve Bank of New Zealand has just released the previously unscheduled update on its economic assessment of NZ. His key points were: More >>

Reserve Bank releases economic update

Thu, 21 Jul 2016 09:36:20 +1200 | Reserve Bank

Prospects for growth in the global economy have diminished despite very stimulatory monetary policy and low oil prices. Significant downside risks remain. Financial market volatility increased following the UK referendum and long-term interest rates ...More >>

NZ dollar edges up from lows as August rate cut priced in

Wed, 20 Jul 2016 17:22:03 +1200 | BusinessDesk

NZ dollar edges up from lows ahead of RBNZ update as August rate cut priced in More >>

ANZ boss warns on property market

Wed, 20 Jul 2016 17:13:52 +1200 | BusinessDesk

July 20 (BusinessDesk) - ANZ Bank New Zealand chief executive David Hisco, who head's up New Zealand's biggest lender, has warned property prices in Auckland are overcooked and the ending of the property boom will be "messy". More >>

New home deposit rules could turn off 22% of investors

Wed, 20 Jul 2016 16:45:34 +1200 | Horizon Research Limited

The Reserve Bank’s move to increase the deposit needed for investors to buy a home above 30% will have a significant impact on the market. More >>

Westpac imposing RBNZ's new home lending rules from today

Wed, 20 Jul 2016 16:24:23 +1200 | BusinessDesk

July 20 (BusinessDesk) - Westpac Banking Corp has announced it will not take any new loan applications from property investors who do not have a 40 percent deposit from 4.30pm this afternoon, some six weeks earlier than required by the Reserve Bank.More >>

LVR restrictions for investors

Wed, 20 Jul 2016 13:46:04 +1200 | Harcourts

The Reserve Bank’s decision to raise LVR restrictions to 40% for investors will not stop Auckland and Christchurch’s spiralling house prices. More >>

Reserve Bank restrictions hurt tenants and small investors

Wed, 20 Jul 2016 13:07:03 +1200 | NZ Property Investors' Federation

One of the Reserve Bank's tasks is to keep inflation between 1% and 3%. It appears that the purpose of the LVR tightening is to allow the Reserve Bank to lower interest rates, thereby stimulating the economy and lowering the NZ dollar.More >>

New Lending Limits a Good Call

Wed, 20 Jul 2016 13:05:52 +1200 | Manufacturers and Exporters Association

Manufacturers and exporters welcome the Reserve bank of New Zealand’s (RBNZ) proposed expansion of existing Loan to Value Ratios (LVR) today – this should give them more freedom to address continued low inflation and an exchange rate that remains ...More >>

Latest Move by the Reserve Bank of Little Effect

Wed, 20 Jul 2016 13:04:51 +1200 | New Zealand First Party

The latest moves by the Reserve Bank requiring property investors to stump up with at least a 40 per cent deposit will have little effect in reining in the rampant house property market, says New Zealand First Leader and Northland MP Rt Hon Winston ...More >>

NZD, swap rates fall as market sees room for two RBNZ cuts

Tue, 19 Jul 2016 17:26:37 +1200 | BusinessDesk

July 19 (BusinessDesk) - The New Zealand dollar dropped and swap rates fell to record lows after the Reserve Bank announced plans to extend restrictions on mortgage lending, stoking speculation it may have room to cut interest rates twice in the next eight ...More >>

RBNZ proposes new Macro-Prudential Policies

Tue, 19 Jul 2016 13:55:53 +1200 | HiFX

This morning the RBNZ released a paper on changes to Loan-to-Value (LVR) to cool the housing market. The key points mentioned included: Proposes changes to LVR. More >>


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