Mortgage News

Debt-to-income ratios under discussion

Thursday 2nd of June 2016

Finance Minister Bill English has confirmed the government has started discussions on debt-to-income ratios with the Reserve Bank.

Reserve Bank Governor Graeme Wheeler has not made a formal request for the introduction of debt-to-income ratios, English told media.

“But he has told the government he wants to investigate the policy.”

English added that he didn’t want to pre-j...

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