Commonwealth Bank’s Kiwi subsidiary ASB is making further moves to clamp down on lending to property investors, now requiring deposits of at least 40 per cent on new builds, reports The Herald. This is despite the fact that incoming Reserve Bank of NZ LVR lending restrictions specifically exempt new builds. ASB told The Herald it was focused on ensuring a balanced and sustainable housing market but the move may raise eyebrows since a lack of housing supply is seen as a major factor driving record price gains across the Tasman. The REINZ national house price index jumped 19.2 percent in the year ended January, the highest annual increase since 2004. The Reserve Bank of New Zealand has released further details of the Christmas Day data breach, that followed a malicious hack on third-party file sharing software application – Accellion FTA. Sensitive personal information including dates of birth, credit details and personal email addresses were stolen, and the RBNZ is still working out exactly how many people are affected. The files involved were individual submissions made by organisations to the FTA as Word documents, PDFs, .ZIP and other formats.