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Economics
3 mins to read

No shortage of challenges: RBNZ

The central bank gets quizzed at select committee about the latest Financial Stability Report.

More households expect to fall behind on mortgage repayments this year.

A series of economic setbacks hasn’t stymied the country’s financial system, according to the central bank, but more households are going to feel the pinch from higher interest rates this year.

Yesterday, the RBNZ released its latest Financial Stability Report, which assesses the pressures of

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Jonathan Mitchell Thu, 04 May 2023
Contact the Writer: jmitchell@nbr.co.nz
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No shortage of challenges: RBNZ
Economics,
98891
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