New Zealand companies will start to benefit from the country's new free trade agreement with the United Kingdom with the pact now in force, the government said on Wednesday. "The benefits which begin flowing from the FTA today, provide a further big boost to our economy," said New Zealand Prime Minister Chris Hipkins a statement.
New Zealand's central bank on Friday confirmed it would ease mortgage loan-to-value ratio restrictions from June 1. "The risks to financial stability posed by high-LVR lending have reduced to a level where we believe the current restrictions may be unnecessarily reducing efficiency," Reserve Bank of New Zealand Deputy Governor Christian Hawkesby said in a statement.
1
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required