RBNZ toughens capital rules

The Reserve Bank of New Zealand has announced that banks will have to hold more capital to back mortgages with high loan-to-value ratios from September 30 this year. read more

Bank gains New Zealand share

ANZ New Zealand's interim results show it gained share in the fast growing Auckland mortgage market over the last six months, fending off attempts by rivals to grab customers unsettled by the merger.. read more

RBNZ warns on housing again

The Reserve Bank of New Zealand has held its official cash rate at 2.5 per cent as expected, but has warned once again that it is monitoring the current strong housing inflation closely for risks to.. read more

NZ introduces consumer finance reforms

New Zealand's Consumer Affairs Minister, Craig Foss, has announced plans for wide-ranging reforms of New Zealand's consumer credit and repossession laws that banks fear could impose significant extra.. read more

RBNZ and Greens spar over OBR

The Reserve Bank of New Zealand has responded to critics of its Open Bank Resolution framework for dealing with bank collapses, saying it gives any government extra options in a time of crisis. read more

Fitch warns on New Zealand housing

Ratings agency Fitch has joined its rival Standard and Poor's in warning about a bubble in New Zealand property prices that could eventually burst and undermine the strength of the Big Four Australi.. read more

RBNZ escalates housing warning

The Reserve Bank of New Zealand has ramped up its warnings about New Zealand's over-valued and fast-inflating housing market, threatening higher interest rates and tougher capital rules for riskier mo.. read more

RBNZ reviews non-bank regulation

The Reserve Bank of New Zealand has proposed a tightening of its regulation of non-bank deposit takers to make their rules more like those faced by full banks. read more

Watchdog extends New Zealand swaps probe

New Zealand's Commerce Commission has called for more farmers to come forward to detail their experiences with interest rate swaps as part of a probe into allegations banks mis-sold the complex inst.. read more

New Zealand banks criticise RBNZ

The New Zealand Bankers Association has criticised the Reserve Bank's surprise proposal to increase capital requirements for mortgages with high loan-to-value ratios. read more