He points out that small businesses will be most affected by the move
RBNZ states New Zealand’s banking system remains sound and well capitalised
New Zealand’s central bank may be facing the biggest shake-up to the way interest rates are decided since it pioneered inflation targeting three decades ago
RBNZ governor has outlined the criteria for removing loan-to-value ratio restrictions
The central bank has appointed its new assistant governor and head of operations
The regulator says it failed to carry out proper due diligence and documentation checks
Leader says advisers will be crucial in planning out financial futures
It says the govt is in talks with alternative lenders, but it wants to offer the option right away