LVRs untouched; RBNZ sees elevated financial system vulnerability

By Jenny Ruth | Wed, 27 Nov 2019


The Reserve Bank has decided to leave its current loan-to-valuation restrictions for mortgage borrowers in place and says financial system vulnerabilities remain elevated."More effort is required to ensure that the system remains resilient over the longer-term," Reserve Bank governor Adrian Orr says in releasing the November financial stability report.The prudential regulator says international risks to the financial system have increased as global growth slows amid continued uncertainty about the outlook for world trade."This has resulted in r...