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Reserve Bank walks tightrope on further restrictions

Thursday 6th of May 2021
In its latest Financial Stability Report, the bank says the impact of low global interest rates has resulted in increased risk taking and higher asset prices.
This is an international phenomenon, with the New Zealand impact most visible in higher house prices.
Banks and other lenders issued $10.5 billion in new mortgages in March alone, new figures show. Household debt has hit a...
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