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    • New Zealand-UK free trade agreement to start benefiting exporters -NZ PM

      • BY Reuters|
      • Non-Eurozone , United Kingdom , Asia-Pacific , New Zealand |
      • 05:50 PM ET 05/30/2023

      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 central bank to ease mortgage lending rules from June

      • BY Reuters|
      • Asia-Pacific , New Zealand |
      • 05:20 PM ET 05/25/2023

      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.

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