Mortgage News

RBNZ talks about new tools

Thursday 6th of December 2012

Governor Graeme Wheeler said, in his first Monetary Policy Statement, that the Reserve Bank and The Treasury are working on a Memorandum of Understanding about the tools that could be used in the future to manage asset bubbles without hurting the wider economy.

He said they had reached an agreement and the MoU was presented to FInance Minister Bill English yesterday.

As well...

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