Many people say that the leadership of the Reserve Bank are a bunch of lame ducks.
That the blowout in house inflation is all their fault.
Some even say that the whole housing market has become totally dysfunctional because of their loose monetary policy.
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Will The RBNZ act today?
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Why House Prices Will Continue Going Up
A great read on Stuff. Was Jacinda's 'house prices can't keep skyrocketing' comment was quintessential Arden - i.e. caring, empathetic, voicing concern but not actually doing anything about it. But she's not alone - no party wants to be seen to tackle it - so it's left to the RBNZ to do something... -
Incredibly dishonest - hard to disagree with Heather du Plessis-Allan
Well here we go - hold onto your seats investors we're in the line of fire yet again.
This time however, we have at least one journo on our side.
The Gov't clearly feel they're backed into the corner and now it's time to strike out in a way they believe will appeal... -
Once, there was no Reserve Bank of New Zealand. What?
The Reserve Bank is getting top billing in the media these days.
Possibly the group of people with the most power over your future security and wealth, but little is commonly known about them.
Q1.
What did we do before they existed?
A.
In 1840, there was no...Last edited by McDuck; 20-11-2020, 05:29 PM. -
Debt to Income Loan Limits
Great article here--i don't normally agree with the standard but this is a interesting including the comments. Worth a look
https://thestandard.org.nz/debt-to-income-loan-limits/ -
Changing Banks under the LVR Scheme
I know that all NEW(as the RBNZ states in their documents) lending is included in the the banks 10% speed test. Which means people such as me with over 20% deposit have a bargaining tool with banks. But is it the same case down the track when I want to negotiate a new fixed rate? Basically, if I change... -
RBNZ expected to cut Thursday 12th March