The Reserve Bank warns that mortgage stress is set to increase, with more households expected to default on payments.

The banking regulator forecasts the portion of banks’ housing lending deemed “non-performing” will almost double by early 2025.

NZ Herald Wellington business editor Jenee Tibshraeny says portions are predicted to increase- but it won't reach the figures from the 2009 Global Financial Crisis.

LISTEN ABOVE

The Reserve Bank warns that mortgage stress is set to increase, with more households expected to default on payments.
The banking regulator forecasts the portion of banks’ housing lending deemed “non-performing” will almost double by early 2025.
NZ Herald Wellington business editor Jenee Tibshraeny says portions are predicted to increase- but it won't reach the figures from the 2009 Global Financial Crisis.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.