Westpac Financial Performance Update
28 |
RBNZ speed limits remain in place
NZ regional house prices (2007 peak = 100)
Index 100 at peak
Auckland
Canterbury
Wellington
Other North Island
180
Other South Island
180
160
140
160
140
Index 100 at peak
RBNZ LVR speed limit
>80% LVR flows
(%, system before exemptions excluded)
40.0%
30.0%
20.0%
RBNZ LVR restrictions remain in place
-
-
-
Investors in the Auckland Council
area require a deposit of at least 30%
Loans to owner-occupiers in
Auckland >80% LVR limited to 10%
Loans >80% LVR outside of
Auckland limited to 15%
100
120
120
10.0%
100
80
80
0.0%
2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: REINZ, Westpac
Aug-13
Oct-13
Dec-13
Feb-14
Apr-14
Jun-14
Aug-14
Oct-14
Dec-14
Feb-15
Apr-15
Jun-15
Aug-15
PRIVATE & CONFIDENTIAL
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