Restrictions on High Loan-to-Value Ratios Lending Information Release

The Treasury has released documents relating to the Reserve Bank of New Zealand (RBNZ)'s introduction of restrictions on high loan-to-value ratio (LVR) lending. The restrictions came into force on 1 October 2013.

See the related information releases:

• Refining KiwiSaver First Home Deposit Subsidy and Expanding Welcome Home Loan to Assist First Home Buyers (Ministry of Business, Innovation and Employment) - Release of Cabinet paper.

• Information Release: Advice on loan-to-value ratio (LVR) restrictions (Reserve Bank of New Zealand)

Information Withheld

Key to sections of the Official Information Act 1982 under which information has been withheld.

Certain information in these documents has been withheld under one or more of the following sections of the Official Information Act, as applicable:

• 9(2)(a) - to protect the privacy of natural persons, including deceased people.

• 9(2)(i) - to enable the Crown to carry out commercial activities without disadvantage or prejudice.

In some cases information has been withheld because it is out of scope or not relevant to an Official Information Act request.

In preparing this Information Release, the Treasury has considered the public interest considerations in section 9(1) of the Official Information Act.

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