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Keeping you updated with up and coming events

Tag: reserve bank

Reserve Bank to ease loan-to-value ratio restrictions in January 2019

From 1 January 2019 the changes are - up to 20 percent (increased from 15 percent) of new mortgage loans to owner occupiers can have deposits of less than 20 percent and up to 5 percent of new mortgage loans to property investors can have deposits of less than 30 percent (lowered from 35 percent).
28-11-2018 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

We expect to keep the OCR at this level through 2019 and into 2020 says Reserve Bank Governor
08-11-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent.

Statement by Reserve Bank Governor Adrian Orr: We expect to keep the OCR at this level through 2019 and into 2020. The direction of our next OCR move could be up or down.
27-09-2018 more >>

OCR remains at 1.75%

Statement by Adrian Orr the Reserve Bank Governor
09-08-2018 more >>

OCR remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr: The Official Cash Rate (OCR) will remain at 1.75 percent for now. However, we are well positioned to manage change in either direction - up or down - as necessary.
28-06-2018 more >>

The Official Cash Rate (OCR) remains at 1.75 percent

Statement by Reserve Bank Governor Adrian Orr:
10-05-2018 more >>

OCR unchanged at 1.75%

Statement by Reserve Bank Governor Grant Spencer:
22-03-2018 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

In a statement by Reserve Bank Governor Grant Spencer, the Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
08-02-2018 more >>

The Reserve Bank is undertaking a modest easing of the LVR restrictions from 1 January 2018

Reserve Bank Governor says "Over the past six months, pressures in the housing market have continued to moderate due to the tightening of LVR restrictions in October 2016, a more general firming of bank lending standards and an increase in mortgage interest rates in early 2017. Housing market policies announced by the Government are also expected to have a dampening effect on the housing market. In light of these developments, the Reserve Bank is undertaking a modest easing of the LVR restrictions"
29-11-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Statement by Reserve Bank Governor Grant Spencer:
09-11-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-08-2017 more >>

OCR remains unchanged at 1.75 percent

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Global economic growth has increased and become more broad-based.  However, major challenges remain with on-going surplus capacity and extensive political uncertainty.
23-06-2017 more >>

Minister welcomes DTI consultation

Finance Minister Steven Joyce has today welcomed the release of the Reserve Bank's consultation document on the use of Debt to Income ratios for mortgage borrowers as an additional macro-prudential tool.
10-06-2017 more >>

Reserve Bank publishes consultation on debt to income (DTI) limits

The Reserve Bank today published a consultation paper seeking feedback on serviceability restrictions such as debt to income (DTI) limits being added to its macro prudential toolkit.
09-06-2017 more >>

NZ's financial system is sound but continues to face risks

New Zealand’s financial system remains sound and the risks facing the system have reduced in the past six months, Reserve Bank Governor Graeme Wheeler said today when releasing the Bank’s May Financial Stability Report.
31-05-2017 more >>

Official Cash Rate (OCR) unchanged at 1.75 percent

A statement by Reserve Bank Governor Graeme Wheeler
23-03-2017 more >>

Official Cash Rate remains unchanged at 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler
09-02-2017 more >>

Reserve Bank reduces OCR to 1.75 percent

Statement by Reserve Bank Governor Graeme Wheeler:
10-11-2016 more >>

The Reserve Bank today left the OCR unchanged

Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.0 percent.
22-09-2016 more >>

Reserve Bank confirms nationwide restrictions on loans to property investors

The Reserve Bank today confirmed that new rules tighten restrictions on bank lending to residential property buyers throughout New Zealand.
05-09-2016 more >>

Reserve Bank defers start of proposed changes to investor LVR

The Reserve Bank is deferring the start of the proposed changes to investor loan-to-value restrictions (LVRs) nationwide from 1 September to 1 October 2016, based on feedback from the banking industry from its recent consultation on the proposals.
12-08-2016 more >>

RBNZ proposes change to loan-to-value restrictions taking effect on September 1

The Reserve Bank has today released a consultation paper proposing changes to loan-to-value restrictions (LVRs) to further mitigate risks to financial stability arising from the current boom in house prices.
19-07-2016 more >>

Official Cash Rate unchanged at 2.25 percent

Statement by Reserve Bank Governor Graeme Wheeler
28-04-2016 more >>

Official Cash Rate reduced to 2.25 percent

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25 percent
10-03-2016 more >>

Official Cash Rate unchanged at 2.5 percent

The Reserve Bank today left the Official Cash Rate unchanged at 2.5 percent.
28-01-2016 more >>


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