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Australia and China set for 'staged free trade agreement'

FXStreet (Bali) - Australia and China look set to have agreed for a “staged free trade agreement”, the AFR reports.

AFR notes: "Senior sources told The Australian Financial Review that while the deal, to be signed in Canberra on Monday, would be “comprehensive” and “landmark”, it would be structured so as to enable additions over the years “as our relationship and our economies evolve”."

RBNZ Financial Stability Report: Not appropriate to ease LVR lending limits

In its Financial Stability Report, the Central Bank notes that it is still not appropriate to ease LVR lending limits.
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RBNZ's Wheeler: LVR limits likely eased, rather than removed

RBNZ's Wheeler, at the post Financial Stability Report press conference, said that the RBNZ will likely ease LVR limits, rather than removing them, adding that the measures are still meant to be temporary, not permanent, reports Reuters.
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