Financial system in good shape but risks remain
Geoff Bascand says household debt poses a risk if house prices fall sharply or unemployment rises.
Brent Edwards
Wed, 25 Nov 2020
The Reserve Bank is worried lower interest rates have resulted in higher-risk lending in the housing market, particularly to investors.
In its November financial stability report, the bank said the banking system continued to have strong capital buffers and the insurance industry remained well
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Brent Edwards
Wed, 25 Nov 2020
Contact the Writer: brent@nbr.co.nz
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Financial system in good shape but risks remain
Politics,
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