RBNZ likely to highlight dairy, household debt in financial stability report

Mon, 25 Nov 2019

Expect the Reserve Bank to again highlight key vulnerabilities of pockets of high dairy debt and financially stretched households when it hands down its latest financial stability report on Wednesday. “We've still got a highly leveraged dairy sector and we've still go a highly leveraged household sector,” says Mark Lister, head of wealth research at Craigs Investment Partners. The RBNZ's last financial stability report six months ago highlighted the stress facing the dairy sector, noting then that 35 percent of dairy sector debt was to hi...

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