Key green lights further RBNZ macroprudential

Wednesday, 6 July 2016

Last month I noted how the The Reserve Bank of New Zealand (RBNZ) had confirmed that it is in talks with the New Zealand Government to further tighten macroprudential controls and take the heat out of home lending.

Well yesterday in Parliament, Prime Minister John Key signalled that new measures to limit lending to rental property investors are imminent. From Interest.co.nz:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.