Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: (End of Year is June) An overall ratio of housing costs to household income is calculated by dividing aggregate housing costs for all households by aggregate income for all households. This ratio is often used as a measure of housing affordability. Some households may contribute to the housing costs aggregate but not the income aggregate, and other households may contribute to the income aggregate but not the housing costs aggregate. This measure includes households that do not make mortgage or rent payments.

Notes: An overall ratio of housing costs to household income is calculated by dividing aggregate housing costs for all households by aggregate income for all households. This ratio is often used as a measure of housing affordability. Some households may contribute to the housing costs aggregate but not the income aggregate, and other households may contribute to the income aggregate but not the housing costs aggregate. This measure includes households that do not make mortgage or rent payments. (End of Year is June)

Notes: An overall ratio of housing costs to household income is calculated by dividing aggregate housing costs for all households by aggregate income for all households. This ratio is often used as a measure of housing affordability. Some households may contribute to the housing costs aggregate but not the income aggregate, and other households may contribute to the income aggregate but not the housing costs aggregate. This measure includes households that do not make mortgage or rent payments. (End of Year is June)

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Dwellings provided free to households, private trusts, businesses, and government agencies

Notes: Effective October 1st, 2013.

Notes: Effective October 1st, 2013.

Notes: From October 2016 there are two nationwide speed limits for owner occupier and investor lending. Banks are permitted to make no more than 10 percent of their residential mortgage lending to high-LVR (less than 20 percent deposit) borrowers who are owner occupiers, and no more than 5 percent of residential mortgage lending to high-LVR (less than 40 percent deposit) borrowers who are investors. no more than 15% of a banks portfolio can be above 80% ltv in most of NZ, special tighter restrictions for Aukland investors can only have 5% with above 70% ltv and homeowners can only have 10% with higher than 80% ltv

Notes: Genworth reports 95% maximum LVR on all forms of loan products

Notes: Genworth reports 95% maximum LVR on all forms of loan products

Notes: Genworth reports 95% maximum LVR on all forms of loan products

Notes: Genworth reports 95% maximum LVR on all forms of loan products

Notes: Genworth reports 95% maximum LVR on all forms of loan products

Notes: Government provides insurance for select loans with smaller deposits

Notes: Kiwibank is a government-owned enterprise which provides deposit and mortgage loan services to its clients.

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver HomeStart Grant

Notes: KiwiSaver: Linked to employer contributions. Government provides yearly tax credit based on how much you save

Notes: KiwiSaver: Linked to employer contributions. Government provides yearly tax credit based on how much you save

Notes: Law changed on November 1, 2015. Loosened restirctions everywhere except Aukland. See 2.A.3.08.1 for details

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: LTV Restrictions

Notes: Maximum LTV of 80% to 90% of the new mortgage loans originated after October 1st, 2013. This cap does not apply to any loans issued prior to that date.

Notes: Maximum LTV of 80% to 90% of the new mortgage loans originated after October 1st, 2013. This cap does not apply to any loans issued prior to that date.

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: Median Weekly National Income * 52 / End of Period Exchange Rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: New Zealand's largest city by Population is Auckland. Median weekly income * 52 / End of period exchange rate with USD

Notes: No more than 15% of a bank's portfolio can be above 80% LTV in most of NZ. There are special tighter restrictions in Auckland where investors can only have 5% of their portfolio comprised of LTVs above 70% and 10% with LTVs higher than 80%

Notes: No more than 15% of a bank's portfolio can be above 80% LTV in most of NZ. There are special tighter restrictions in Auckland where investors can only have 5% of their portfolio comprised of LTVs above 70% and 10% with LTVs higher than 80%

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Non-bank lending institutions by total amount of mortgages outstanding

Notes: Professional Advisers Association

Notes: Professional Advisers Association

Notes: Professional Advisers Association

Notes: Public Advisers Association

Notes: Public Advisers Association

Notes: Public Advisers Association

Notes: Public Advisers Association

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Refers to all Real Estate agency transacted urban Residential Housing Sales for the whole of New Zealand for Houses, Apartments, Units, Townhouses, Villas and Condos.

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Registered Banks - by total mortgage amounts outstanding

Notes: Reserve Bank of New Zealand

Notes: Reserve Bank of New Zealand

Notes: Reserve Bank of New Zealand

Notes: Reserve Bank of New Zealand

Notes: Reserve Bank of New Zealand

Notes: Reserve Bank of New Zealand

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: Residential mortgages - number of loans on balance sheet

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: See Number of days needed for transfer of title

Notes: The Credit Contracts and Consumer Finance Act

Notes: The Credit Contracts and Consumer Finance Act

Notes: The Credit Contracts and Consumer Finance Act

Notes: The Credit Contracts and Consumer Finance Act

Notes: The Credit Contracts and Consumer Finance Act

Notes: The Credit Contracts and Consumer Finance Act, updated June 6th, 2016

Notes: The Credit Contracts and Consumer Finance Act, updated June 6th, 2016

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The Crown's Extended Retail Deposit Guarantee Scheme ended on 31 December 2011. Some deposits with the Public Trust continue to be covered under the Public Trust Act but no deposits with other financial institutions are guaranteed by the Crown for any default after 31 December 2011.

Notes: The last few censuses identified that around 10 percent of dwellings were unoccupied.

Notes: The premium for lender’s mortgage insurance can either be paid by the borrower upfront, or can be added onto the loan balance and gradually paid off through monthly repayments. If lthe premium is loaded onto mortgage, the borrower will pay interest on the premium for the life of your loan. On a $350,000 loan, the lenders’ mortgage insurance one-off payment could be anywhere from $1,750 to several thousand dollars. Source: canstar.co.nz

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Housing Loans from registered banks and non-bank lending institutions, converted from NZD to USD with end of year exchange rate

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total Loans Outstanding includes Housing, Personal Consumer, Business, Agriculture

Notes: Total New Commitments, converted from NZD to USD with average exchange rates

Notes: Total New Commitments, converted from NZD to USD with average exchange rates

Notes: Total New Commitments, converted from NZD to USD with average exchange rates

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Under section 80 of the Reserve Bank of New Zealand Act 1989, the Reserve Bank requires registered banks to obtain and maintain a current credit rating applicable to their long-term senior unsecured obligations payable in New Zealand, in New Zealand dollars.

Notes: Usual cost is $2-2500 New Zealand dollars, converted to USD

Notes: Welcome Home Loans

Notes: Welcome Home Loans

Notes: Welcome Home Loans

Notes: Welcome Home Loans

Notes: Welcome Home Loans

Notes: Welcome Home Loans

Notes: WEO/IMF staff estimate

Notes: WEO/IMF staff estimate