Business
Reserve Bank takes action over ‘unsustainable’ house prices – RNZ
The Reserve Bank has tightened loan-to-value restrictions in a renewed bid to cool the housing market.
The Reserve Bank (RBNZ) has tightened loan-to-value restrictions in a renewed bid to cool the housing market.
Photo: 123RF
The new limit meant only 10 percent of banks’ new home loans can go to buyers with a deposit of 20 percent or less.
The previous limit…
Continue Reading
-
General18 hours agoARIA Awards 2025 winners: Amyl & The Sniffers and Ninajirachi dominate
-
Noosa News18 hours agoPolice officer who tracked Toyah Cordingley’s phone gives evidence at Rajwinder Singh’s murder trial
-
Noosa News17 hours agoMurray Watt claims Queensland will follow Sussan Ley and ditch net zero by 2050
-
General15 hours agoRussian barrage kills 25 in Ukraine city as Zelenskyy holds talks with Turkish leader