Property lending restrictions eased but here to stay
The Reserve Bank's easing of LVRs is expected to have little impact on investors.
The Reserve Bank is relaxing its loan-to-value restrictions on bank lending but has given a blunt warning to banks to lend responsibly or else.
Governor Adrian Orr says if the banks do not lend responsibly the Reserve Bank will intervene.
Mr Orr also confirmed LVRs are here to stay. The only
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