Economists arenâ€™t expecting an increase in the official cash rate this week but itâ€™s not can impossibility, a new survey has shown. The latest CPI data, which showed much stronger inflation than expected, had prompted some to question whether the Reserve Bank might move sooner rather than later on the rate.
28-01-2014 more >>

LVR move's effectiveness uncertain: Wheeler

Loan-to-value speed limits wonâ€™t be removed until the Reserve Bank is convinced it won't prompt a resurgence in house prices, governor Graeme Wheeler said this morning.
12-09-2013 more >>

LVR restrictions announced

The Reserve Bank says that from October 1 banks will not be allowed to write more than 10% of their loans above the 80% LVR mark. Reserve Bank Governor Graeme Wheeler today announced that from 1 October banks will be subject to restrictions on high loan-to-value ratio (LVR) housing mortgage loans.
20-08-2013 more >>

Key: LVR restrictions may be best solution

New Zealand must strike the right balance to enable first-home buyers to purchase property while maintaining a robust banking system, the prime minister said today.
23-07-2013 more >>

'Price rises have a while to go yet'

House prices are likely to rise for the next three years, says BNZ chief economist Tony Alexander.
18-06-2013 more >>

Higher borrowing costs coming

Interest-rate rises are looming, with some pundits picking floating rates to be at 7 per cent by the end of next year.
07-06-2013 more >>

Fine balance for Wheeler

Reserve Bank Governor Graeme Wheeler is in a tough position trying to tackle the strength of the Auckland housing market, one economist says.
24-04-2013 more >>

House prices a concern: Reserve Bank

New Zealandâ€™s rising house prices are a risk to the economy, the Reserve Bankâ€™s deputy governor says.
08-04-2013 more >>

OCR on hold: RBNZ

The Reserve Bank has left the official cash rate unchanged at 2.5% and expects it to stay that way at least until the end of the year.
14-03-2013 more >>

LVR restrictions 'could provide wealthy buyers with cheap properties'

Wealthier overseas buyers would benefit from the introduction of loan-to-value restrictions on property, says the president of the Auckland Property Investors Association.
20-02-2013 more >>

Newland: Best option? Do nothing

Reserve Bank Governor Graeme Wheeler should leave the market well alone, says property commentator Olly Newland.
31-01-2013 more >>

Economists surprised by Wheeler's optimistic tone

Economists have expressed surprised at the optimistic nature of the latest Official Cash Rate announcement.
31-01-2013 more >>

Hint of optimism in OCR announcement

The decision this morning to leave the official cash rate (OCR) unchanged at 2.5% hasnâ€™t surprised anyone â€“ but the hint of optimism included with the Reserve Bank governorâ€™s statement has.
25-10-2012 more >>

RBNZ targets house prices

The new Reserve Bank Governor must increase the OCR if house prices rise rapidly, even if inflation is on target. Finance Minister Bill English and RBNZ Governor-Designate Graeme Wheeler signed a new Policy Targets Agreement (PTA) yesterday. The Reserve Bank Act states that the Governor is accountable for maintaining price stability.
21-09-2012 more >>

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Official Cash Rate (OCR) unchanged at 1.75 percent