New Zealand's financial system remains resilient but cash-flow pressures in households are growing and buffers are likely to be tested, the Reserve Bank of New Zealand (RBNZ) said on Wednesday, amid the country's highest interest rates in 14 years.
The Reserve Bank of New Zealand (RBNZ) said on Wednesday it was considering easing mortgage loan-to-value ratio (LVR) restrictions with effect from June 1 as risks to financial stability had diminished.