LVR tinkering shows Reserve Bank not immune to lobbying, NZIER says The Reserve Bank's exemption of new home building from low-equity mortgage limits, just two months after they were introduced, shows the central bank isn't immune to lobbying and highlights the lim Wed, 11 Jul 2018 EconomyReserve BankMortgagereal estatePhil TwyfordGrant SpencerGraeme Wheelermoney and monetary policycentral bankconstruction and propertyloan marketLVRs
Low-equity loan limits worth one or two rate hikes, says RBNZ’s Spencer The Reserve Bank's speed limits on low-equity mortgage lending helped stifle inflationary pressures by an amount similar to one or two interest rate hikes and may have taken pressure off the high v Wed, 11 Jul 2018 EconomyMortgagemoney and monetary policyReserve Bankhousing and urban planningGrant Spencer
NZ economic growth keeps rate hike track intact New Zealand's pace of growth in the final three months of the year, underpinned by a booming manufacturing sector, won't derail the Reserve Bank's path to higher interest rates this year. Wed, 11 Jul 2018 EconomyGDPeconomic growthDarren GibbsDominick StephensMichael Gordonmoney and monetary policyReserve Bank governor Graeme Wheeler
RBNZ governor to take more advice and make more speeches Reserve Bank head Graeme Wheeler will heed the advice of his lieutenants. Wed, 11 Jul 2018 governancemoney and monetary policycentral bank
Wage, price pressures ‘inevitable’ as Auckland, Christchurch drive building boom, RBNZ says The building boom looming in Christchurch and Auckland in the next three years will inevitably put upward pressure on wages and prices in the construction sector and could spill over into general inflation, driving up interest rates and the kiwi dollar, the Reserve Bank says. Wed, 11 Jul 2018 Economyreal estateEconomic policymoney and monetary policycentral bankconstruction and propertyhouse buildinghousing and urban planning
Reserve Bank of Australia reiterates interest rates to remain stable, sees labour market pickup The Reserve Bank of Australia has kept its cash rate unchanged at 2.5 percent, as expected, and maintained its view that the best policy setting is to maintain stability in interest rates. Wed, 11 Jul 2018 EconomyReserve Bank of AustraliaGlenn StevensBusinessDeskforeign exchange marketmoney and monetary policycentral bankinterest rate
Reserve Bank set to begin tightening cycle with first OCR hike since 2010 The Reserve Bank is expected this week to act on its concerns that inflation will accelerate as the economy gains momentum by lifting its benchmark interest rate for the first time since July 201 Wed, 11 Jul 2018 Nick TuffleyBusinessDeskmoney and monetary policycentral bankReserve Bank governor Graeme Wheeler
Reserve Bank of Australia keeps key rate at 2.5 percent in almost carbon copy statement Wed, 11 Jul 2018 EconomyAustraliaBusinessDeskforeign exchange marketmoney and monetary policycentral bank
Reserve Bank’s LVR policy ‘will make very little difference’, ANZ’s Judge says The Reserve Bank's restrictions on low-deposit home loans won't have much impact in alleviating pressures in a housing market driven by a shortage of land and high local authority compliance costs, says ANZ New Zealand chairman John Judge. Wed, 11 Jul 2018 EconomyJohn JudgeloansBusinessDeskmoney and monetary policycentral bankconstruction and propertyhouse buildingloan markethousing and urban planning
RBNZ’s loan restrictions to stay Wheeler’s hand in next week’s rate review The Reserve Bank's looming restrictions on low-equity home lending will give governor Graeme Wheeler time to pause and reflect at next week's monetary policy review. Wed, 11 Jul 2018 inflationmoney and monetary policycentral bankhouse buildinghousing and urban planning
