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RBNZ's Wheeler: LVR limits likely eased, rather than removed

FXStreet (Bali) - RBNZ's Wheeler, at the post Financial Stability Report press conference, said that the RBNZ will likely ease LVR limits, rather than removing them, adding that the measures are still meant to be temporary, not permanent, reports Reuters.

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Surprised by strength of immigration

House price inflation still strong in Auckland

Won’t give time when will ease mortgage Loan to value ratios

Would like to see house prices growing in line with incomes in the long-run

Australia and China set for 'staged free trade agreement'

Australia and China looks set to have agreed for a “staged free trade agreement”, the AFR reports
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RBNZ Wheeler: NZD still has further to fall, level unjustified and unsustainable

RBNZ Chief Wheeler said that the Kiwi level remain still unjustified, unsustainable, adding that the exchange rate still has 'further to go', also saying that the extent of further falls may depend on USD performance.
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