RBNZ Governor Hawkesby:

house prices and credit growth not raising red flags, can have more baseline mortgage loan-to-value ratio settings

—

Earlier:

• New Zealand Q3 unemployment rate rises to 5.3% (expected 5.3%, prior 5.2%)

The
New Zealand dollar had been soft heading into this jobs data, and showed a
further dip in the aftermath that took the Australian dollar to a 12
year high against its New Zealand counterpart.

This article was written by Eamonn Sheridan at investinglive.com.



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