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With New Zealand house prices continuing to soar but the Covid outbreak delaying an OCR hike, the Reserve Bank of New Zealand now wants to further reduce the amount of high Loan-to-Value Ratio (LVR) l.. read more

The delta outbreak in New Zealand seems to have forced a last-minute change on the Reserve Bank, which yesterday held the OCR at 0.25 per cent, despite a pre-outbreak consensus amongst bank economists.. read more

The Reserve Bank of New Zealand held the OCR at 0.25 per cent in yesterday’s monetary policy review, but announced it is to end its quantitative easing programme almost a year earlier than expected. read more

The Reserve Bank of New Zealand is to get a new tool it can reach for in its macroprudential toolbox to tackle the country’s raging housing market. read more

The Reserve Bank of New Zealand has kept the OCR at 0.25 percent, and left its Large Scale Asset Purchase and Funding for Lending programmes unchanged, but accompanied the decision with a hawkish stat.. read more

The New Zealand government’s review of the KiwiSaver super scheme has resulted in the number of KiwiSaver default providers dropping from nine to six from the end of this year, with some large bank pr.. read more

NAB’s Kiwi subsidiary BNZ is suing Wellington City Council for more than NZ$101 millionover the now demolished earthquake-damaged BNZ building on the city’s waterfront. read more

The New Zealand government is moving to crack down on interchange fees with a proposed new regulatory regime. read more

Detail on levies backing the deposit insurance scheme have not been released. read more

The Reserve Bank of NZ has eased the COVID-related dividend restrictions placed on retail banks, allowing the banks to now pay up to a maximum 50 per cent of their earnings as dividends to shareholder.. read more