RBNZ urgently tightens lending 20 July 2016 4:25PM Less than two weeks after saying it would tighten lending restrictions for rental property investors by the end of the year, the Reserve Bank of New Zealand surprised bankers and investors alike by an.. read more
NZ's Semble digital wallet service suspends payments 18 July 2016 4:10PM A consortium of two of New Zealand's biggest banks, its three mobile phone companies and the country's main payments network has suspended its digital wallet service aimed at Android users. read more
Westpac NZ tightens lending rules 13 July 2016 4:29PM Westpac New Zealand has tightened its lending criteria for interest-only borrowing by rental property investors, signalling a fresh round of tougher lending standards by Australian banks in New Zealan.. read more
RBNZ sees wider investor limit by year-end 08 July 2016 3:57PM The Reserve Bank of New Zealand is considering extending its current loan to value ratio limit for rental property investors in Auckland to the rest of the country by the end of the year. read more
RBNZ proposes dual registration of some foreign banks 28 June 2016 4:36PM The Reserve Bank of New Zealand has proposed that foreign-owned banks with a small systemic presence in New Zealand be able to simultaneously operate a New Zealand branch and a subsidiary in a structu.. read more
RBNZ signals new LVR controls 10 June 2016 4:51PM The Reserve Bank of New Zealand has signalled it is accelerating plans to bring in a third round of controls on high loan-to-valuation ratio lending on rental property investors before the end of this.. read more
RBNZ welcomes ANZ tightening 10 June 2016 4:49PM The Reserve Bank of New Zealand has welcomed ANZ's decision in the last week to tighten its lending criteria for rental property investors borrowing through mortgage brokers read more
ANZ and Westpac cut lending to overseas investors in NZ 10 June 2016 4:47PM ANZ and Westpac moved in New Zealand on Thursday to reduce their new lending to non-resident investors, following similar moves by their parents in Australia who are worried about the veracity of inco.. read more
RBNZ softens outsourcing plan 24 May 2016 4:27PM The Reserve Bank of New Zealand has softened its proposals to ban some outsourcing of activities by the four Australian-owned banks that dominate New Zealand's banking system and will give them more t.. read more
RBNZ eyes debt-to-income lending limits 12 May 2016 3:57PM The Reserve Bank of New Zealand has signaled it is considering introducing British style debt-to-income ratio limits to further slow mortgage lending growth in a housing market that is taking off agai.. read more