Debt-to-income ratios off the table

The Property Institute of New Zealand has announced its support to the decision to take debt-to-income ratios off the table as a tool available to the Reserve Bank.

In a recently held press conference, Prime Minister Bill English said that the Government will not give the Reserve Bank the authority to use the tool and that there is no need for the regulator to use extra tools.

The Property Institute of New Zealand has announced its support to the decision to take debt-to-income ratios off the table as a tool available to the Reserve Bank.

In a recently held press conference, Prime Minister Bill English said that the Government will not give the Reserve Bank the authority to use the tool and that there is no need for the regulator to use extra tools.

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