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28 Oct 2025 8:36
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  •   Home > News > Business

    The Finance Minister's adamant new lending rules won't hurt first home buyers

    The Finance Minister's adamant new lending rules won't hurt first home buyers


    Grant Robertson this morning agreed to the Reserve Bank's plans on how it can crackdown on risky lending.

    It means there'll be less lending to those wanting to borrow incredibly large amounts of money to buy houses.

    The Reserve Bank's also been given the nod to look into debt-to-income measures and interest rate floors.

    But a key part of theagreement is making sure first home buyers aren't hit too hard.

    Robertson says there's no silver bullet when it comes to fixing housing issues - but it's important the Government gives the bank the opportunity to do this.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    Politics:
    The Government's scrambling to pick up the pieces of our aged care system - and get on top of our aging population 8:27

    Netball:
    Dame Noeline Taurua looks poised to receive fresh instructions from Netball New Zealand upon her reinstatement as Silver Ferns coach 8:07

    Environment:
    It was restless night for many, with 19-thousand lightening strikes hitting the North Island and many in the south waking up to snow 8:07

    International:
    Israeli families wait for release of remaining hostages in Gaza 7:57

    Cricket:
    Zak Foulkes' been likened to a New Zealand cricket great after his bowling spell of four for 41 from seven overs in the opening one-day international win over England at Mt Maunganui 7:57

    Motoring:
    Labour Weekend has come to a close - with two fatalities on our roads 7:37

    International:
    Katy Perry and Justin Trudeau seen holding hands leaving Paris club 7:27

    Politics:
    Physical Education NZ is the latest group to raise alarm over the Government's curriculum refresh 7:27

    Business:
    A new flight route is taking off between Christchurch and its sister city, Adelaide 7:17

    International:
    Japan asks army to cull bears after spike in attacks on humans 7:07


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