The Reserve Bank of New Zealand (RBNZ) has released its bi-annual Financial Stability Report (FSR), which notes that its macro-prudential caps on high loan-to-value ration (LVR) mortgage lending will remain for the foreseeable future:
“The financial system faces the same key risks that the financial system faced at the time of the May Financial Stability Report, although the balance of these risks has shifted in the past six months.
