OECD joins IMF in recommending RBNZ adopts debt-to-income restrictions

Updated: The OECD report includes a range of recommendations to help make New Zealand's growth “more sustainable and greener.”

Jason Walls
Thu, 15 Jun 2017

A new OECD report recommends the Reserve Bank adds debt-to-income (DTI) limits to its macroprudential toolkit to help deal with high levels of household debt and “rapid” house price growth.

The report – OECD Economic Surveys: New Zealand 2017 – released this morning, includes a range of

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