NEWS: New Zealand new lending rules to be introduced April 22, 2021 at 12:31AM

NEWS: New Zealand new lending rules to be introduced April 22, 2021 at 12:31AM

News out of NZ earlier centred on the introduction of a new deposit guarantee scheme.
Almost slipping by unnoticed though was news that the NZ finance minister will be given new powers to decide on the types of loans the RBNZ can restrict for financial institutions. An example would be setting new loan to valuation ratios

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