Pressure from Aussie regulator linked to cuts in NZ banks' lending
Restrictions make sense when there is a housing bubble.
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Banking expert Massey University associate professor David Tripe says it is no bad thing Westpac and ANZ have tightened up home lending to foreigners with overseas income.
Mr Tripe says it makes sense when there is a housing bubble and banks have good reason to be cautious.
But he says it could
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Sally Lindsay
Fri, 10 Jun 2016
Fri, 10 Jun 2016
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Pressure from Aussie regulator linked to cuts in NZ banks' lending
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