Tag: Reserve Bank
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What New Bank Rules Could Mean for Your Home Loan
What the changes mean for borrowers Major changes to bank capital rules are on the way, and many home buyers are wondering how these reforms will affect mortgage rates, loan approvals, and monthly payments. While economists expect the impact on interest rates to be modest, the changes could improve lending capacity and slightly lower borrowing…
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Reserve Bank of New Zealand Wellington Building Closes Temporarily Over Asbestos Inspection
NZ Reserve Bank Temporarily Closes Wellington Building Over Asbestos The Reserve Bank of New Zealand’s Wellington headquarters announced a temporary closure of the building after discovering asbestos, prompting staff to work from home while safety checks and planning move forward. The central bank stressed that its core operations are unaffected by the closure and that…
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RBA SMP: Pain, Growth, and the Risk of No More Rate Cuts
Overview: What the RBA’s SMP Signals The Reserve Bank of Australia’s latest quarterly Statement on Monetary Policy (SMP) arrives with a mix of encouraging signs and persistent headwinds. As Australia’s central bank held the cash rate steady, economists and markets weigh whether the door remains open for further easing or if policy is transitioning to…