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. Â 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 >>
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 >>
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 >>
Risks facing financial system have increased New Zealand’s financial system continues to perform well despite a deterioration in the outlook for global financial stability and increased risks related to the dairy and housing sectors, Reserve Bank Governor, Graeme Wheeler, said today 11-11-2015 more >>
Investor LVR limits to reduce financial system risk The Reserve Bank expects new lending limits for Auckland property investors will reduce heightened financial system risk, and help moderate the Auckland housing market cycle, Deputy Governor Grant Spencer said today. 24-08-2015 more >>
Reserve Bank responds to submissions on LVR rules The Reserve Bank today published a summary of submissions and final policy positions in regards to changes in the Loan to Value Ratio restriction rules (LVRs), and the asset classification of residential property investment loans in the Capital Adequacy Framework. 21-08-2015 more >>
Monetary policy supporting growth and inflatiion goal The Reserve Bank today confirmed that at this stage some further monetary policy easing is likely to be required to maintain New Zealand’s economic growth around its potential, and return CPI inflation to its medium-term target level. 29-07-2015 more >>
Submission to the Reserve Bank 31 March 2015 Reserve Bank has released a consultation document on their proposal to separately classify residential rental property loans from owner occupied residential loans. The NZ Property Investors’ Federation has now examined the consultation document and made a submission on the Reserve Bank’s proposal. 01-04-2015 more >>
Investors say no strong evidence to change Reserve Bank rules Reserve Bank has released a consultation document on their proposal to separately classify residential rental property loans from owner occupied residential loans. The NZ Property Investors’ Federation has now examined the consultation document and made a submission on the Reserve Bank’s proposal. 01-04-2015 more >>
