Liz Kendall, Senior Economist at ANZ, points out that in its November 2018 Financial Stability Report, the RBNZ eased loan-to-value ratio restrictions modestly and the overall assessment is that New Zealand’s financial system is “sound” and “risks have abated a little over the past six months”. Key Quotes “The RBNZ assesses the New Zealand financial system to be sound. Domestically, risks related to the housing market have lessened: lending growth has slowed, fewer mortgages are on risky terms and house price inflation has slowed, especially in Auckland. With risks having abated a little, the RBNZ has eased loan-to-value ratio restrictions for both investors and owner-occupiers.” “This is a modest loosening, in line with ANZ’s expectations. We anticipate that this easing will boost the housing market, but only a little, with the restrictions remaining “tight” overall.” “We expect that further easing will occur in time, but that the RBNZ will continue to tread cautiously.” “Although housing-related risks have reduced, dairy sector debt remains high and the industry is vulnerable to another downturn, while longer-term challenges loom large.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Ethereum bears are waiting for a selling opportunity FX Street 4 years Liz Kendall, Senior Economist at ANZ, points out that in its November 2018 Financial Stability Report, the RBNZ eased loan-to-value ratio restrictions modestly and the overall assessment is that New Zealand's financial system is "sound" and "risks have abated a little over the past six months". Key Quotes "The RBNZ assesses the New Zealand financial system to be sound. Domestically, risks related to the housing market have lessened: lending growth has slowed, fewer mortgages are on risky terms and house price inflation has slowed, especially in Auckland. With risks having abated a little, the RBNZ has eased loan-to-value ratio restrictions… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
