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Latest from Bank of New Zealand
Home loan approvals take record tumble
NZ banks granted 4438 home loans in the first quarter of this year, a 30 per cent drop on the same time last year.
Economic recovery still fragile: BNZ
The BNZ is sounding a cautious note on the state of the economy, saying there are still risks despite signs of a recovery.
Real estate confidence still weak, survey finds
Some extra weakness is showing up in the residential real estate and investment market, the latest BNZ confidence survey has found.