Financial system gets a pass mark despite multiple headwinds
RBNZ’s Financial Stability Report shows system ‘resilient’ and ‘well placed’ to help struggling Kiwis.
More households are expected to fall behind in mortgage repayments this year.
New Zealand’s financial system has received a pass mark, despite rising interest rates putting pressure on households and businesses, as well as repeated climate-related shocks.
The RBNZ has released its latest Financial Stability Report which assesses the pressures of interest rate increases and
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