RBNZ's Spencer: Expect tighter credit standards to continue
Reserve Bank Governor Grant Spencer is delivering a speech following the release of the Bank’s November Financial Stability Report.
Expect tighter credit standards to continue.
Don't know when lending limits will be fully removed.
To review lending limits on a quarterly basis.
Our expectations are that the housing market will remain moderate.
As long as things remain stable we will make a further adjustment in due course.