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
Its statement discusses growth levels and the impact of the coronavirus
This is despite the slow trend towards rising mortgage rates
Minister says govt is “very conscious that the finance sector has faced many changes”