“We’ve said all along that supply has always been the issue in parts of the housing market, not the availability of cheap credit,” said New Zealand Banker’s Association chief executive Kirk Hope.
Month: December 2013
New build LVR exemption welcomed
The New Zealand Bankers’ Association has today welcomed the Reserve Bank’s move to exempt new residential construction loans from the loan-to-value (LVR) restrictions it introduced on 1 October. “We’ve said all along that supply has always been the issue in parts of the housing market, not the availability of cheap credit,” said New Zealand Banker’s… Read more »
Foil the fraudsters this festive season
As the festive season approaches the New Zealand Bankers’ Association has reminded people how to avoid fraud and scams over the holidays. “Don’t let fraudsters spoil this special time of the year. Whether we’re shopping or away on holiday, it pays to take care,” said New Zealand Bankers’ Association chief executive Kirk Hope. If you’re… Read more »
Lend me your ears
“Banks lend responsibly,” Hope insisted. It’s not them which need new regulation.
Draft Financial Markets Conduct Regulations and the draft disclosure requirements
Ministry of Business, Innovation and Employment
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