RBNZ loosens loan to value restrictions

The Reserve Bank of New Zealand has eased restrictions on bank lending, but has also indicated it sees loan to value ratio restrictions as a permanent feature of the banking system. read more

NZ banks called out on sales incentives risks

New Zealand banks are failing to adequately monitor and control the inherent conflict of interest between customers and staff who are incentivised to sell them financial products, says the Financial M.. read more

RBNZ grilled over bank conduct inquiry

A claim that the Reserve Bank of New Zealand and the FMA over-stepped their legal mandate - and wasted $2 million - with their review of bank culture and conduct has been strongly rejected by the two.. read more

RBNZ says its easing is "no green light"

The Reserve Bank of New Zealand was keen to emphasise that the decision to relax some of the so-called "speed limits" that had been applied to the housing market was no "green light" for bankers and h.. read more