RBNZ to loosen mortgage lending restrictions

Highlights of the financial stability report

  • Mortgage lending restrictions will be loosened on Jan 1

  • Risks to financial stability have eased

  • May ease lending limits further in next few years

  • Domestic banking system remains sound

  • While domestic risks have eased, global risks have risen

Regulatory changes are the rate hikes/cuts of the future and that's the lever the RBNZ is pulling on here.

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