Preston Rowe Paterson . New Zealand

Reserve Bank to ease loan-to-value ratio restrictions  Statement from Reserve Bank Governor Adrian Orr when releasing the November Financial Stability Report:   Tena koutou, katoa, welcome all. Risks to New Zealand’s financial system have eased over the past six months, but vulnerabilities persist. In particular, households remain exposed to financial shocks due to their large […]

NEWS RELEASE 9 August 2018  Official Cash Rate unchanged at 1.75 percent  Statement by Reserve Bank Governor Adrian Orr: Tena koutou katoa, welcome all. The Official Cash Rate (OCR) remains at 1.75 percent. We expect to keep the OCR at this level through 2019 and into 2020, longer than we projected in our May Statement.  […]

The Reserve Bank of New Zealand has today announced that the Official Cash rate will remain unchanged at 1.75%

30 May 2018, 8:45am Stats NZ has released data for Homes consented which captures the April data. Seasonally adjusted it shows a slight fall of 3.7% although we note a 13% rise in March consents. Town houses and apartments make up most of the total 12 month increase. Stats NZ commented in their press release […]

NEWS RELEASE Date: 10 May 2018 Official Cash Rate unchanged at 1.75 percent Statement by Reserve Bank Governor Adrian Orr: Tena koutou, katoa, welcome all. The Official Cash Rate (OCR) will remain at 1.75 percent for some time to come.  The direction of our next move is equally balanced, up or down. Only time and […]