The Reserve Bank says its proposed new plans for residential investment are aimed at banks rather than investors. The central bank is looking at rules that will require banks to hold different amounts of capital for residential mortgage loans than for business loans.
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Chris Hutching for NBR NZ Property Investor
Wed, 09 Jul 2014
Wed, 09 Jul 2014
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‘Reserve Bank rules only aimed at banks’ – but investors likely to wear costs
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