Article tagged with 'Reserve Bank'
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What DTI limits might look like
16 Jun 2021 - The Reserve Bank has added debt-to-income limits to its regulatory toolkit, and a recent memo from the central bank reveals the potential settings for the new rules if they come into effect.
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Debt-to-income limits move closer
16 Jun 2021 - Debt-to-income limits on lending have moved a step closer to reality after the Reserve Bank added debt serviceability restrictions to its policy toolkit.
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Reserve Bank cools on interest-only limits
16 Jun 2021 - While the Reserve Bank has taken its first steps towards implementing debt-to-income limits, it has played down the chances of introducing interest-only lending limits.
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OCR reaction: Rates set to rise from 2022
26 May 2021 - Economists noted a "tentative shift in tone" from the Reserve Bank as it projected that interest rates may begin to rise from 2022.
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DTIs rising sharply
19 May 2021 - Debt to income ratios continue to soar in New Zealand according to the latest Reserve Bank data, with more than $1 billion loaned to Auckland borrowers at a DTI greater than five in March.
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Reforms to financial market infrastructures (FMIs)
06 May 2021 - New laws reforming institutional investment payment and settlement systems have been established by Parliament with the passing of the Financial Market Infrastructures Bill. Under the bill the Reserve Bank and the Financial Markets Authority will be joint regulators of most FMIs...
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Reserve Bank's housing market fears
06 May 2021 - Recent entrants to the housing market are vulnerable to rising interest rates, and 5% home loans could swallow up 50% of new buyers' household income, according to the Reserve Bank.
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Reserve Bank fires warning over risky mortgage lending
05 May 2021 - The Reserve Bank has warned that "a high proportion" of recent mortgage lending has had high debt-to-income and LVR ratios, making borrowers more vulnerable.
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Wait on DTIs and interest-only restrictions
04 May 2021 - Mortgage advisers will have to wait a little longer to discover if and when the Reserve Bank will introduce debt to income ratios and interest-only lending curbs, according to economists.
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Further evidence of booming market
03 May 2021 - Property lending soared to $10.4 billion in March according to the latest Reserve Bank data – the highest monthly volume on record.