Reserve Bank digs deeper into mortgage debt
Will the bank be given a debt-to-income tool to manage household debt?
Brent Edwards
Mon, 12 Aug 2019
New Reserve Bank data confirms the proportion of households with high debt-to-income ratios has fallen in the past two years.
In June 2017 37% of all owner-occupiers with mortgages had debt more than five times their household income. By June this year that had fallen to 31%.
The new data
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Brent Edwards
Mon, 12 Aug 2019
Contact the Writer: brent@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Reserve Bank digs deeper into mortgage debt
Politics,
80422