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RBNZ tightens macro-prudential screws. RBA delays

September 23, 2021 - 13:40 -- Admin

The Reserve Bank of New Zealand (RBNZ) today announced that it will tighten lending rules for mortgages from 1 November, but expects banks to comply with the “spirit” of the new rules immediately. Specifically, the new rules will see banks now restricted to just 10% of the new lending for mortgages that make up over

The post RBNZ tightens macro-prudential screws. RBA delays appeared first on MacroBusiness.

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