RBNZ says not currently seeing widespread financial distress amongst households, business
Reserve Bank of New Zealand Financial Stability Report
- Not currently seeing widespread financial distress amongst households or businesses, which reflects the strength in the economy
- More borrowers may fall behind on their payments this year, given the ongoing repricing of mortgages and weakening in the labour market
- Household balance sheets remain resilient in aggregate, with most households with a mortgage still having substantial equity buffers
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
