OCR call takes backseat

Changes are looming for the Reserve Bank and that has pushed OCR decisions into the background – despite a pending announcement next week.

Acting RBNZ Governor reignites DTI ratio debate

Outgoing Grant Spencer calls debt servicing ratios “natural complement” to existing system

Kiwibank changes its OCR forecast

Economists at Kiwibank have revised their forecast for the Reserve Bank’s OCR rate hike, changing their prediction from November this year to May 2019.

New Zealand economists divided over OCR

Top economists say rate could rise in November — or be cut this year.

Bluestone hails “extra firepower” after US takeover

Bluestone chief executive Campbell Smyth expects stronger funding after Asia-Pacific operation sold to Cerberus.

Today's Rate Changes
  • Acting RBNZ Governor reignites DTI ratio debate

    While the Reserve Bank relaxed some of its lending restrictions earlier this year, don't think it's given up on using more tools in the future. Debt-to-income ratios could well happen.  [READ ON]

My Opinion

Adding revenue streams to your business

This week we have seen a little movement in home loan rates, but we would have to stress it is only little. With the Reserve Bank loosening, ever so slightly, its LVR restrictions it will be interesting to see if that generates a little more activity from lenders.