Latest Reserve Bank Headlines

Volatile day for kiwi dollar as central banks drive action

Thu, 28 Apr 2016 17:36:47 +1200 | BusinessDesk

The New Zealand dollar fell to its lowest level in more than a week against the yen after the Bank of Japan surprised the market by not expanding its monetary stimulus, rounding out a day of volatility tied to central bank actions.More >>

Government to Reserve Bank - Rock or Hard Place?

Thu, 28 Apr 2016 10:30:19 +1200 | New Zealand Labour Party

Grant Robertson MP for Wellington Central Finance Spokesperson MEDIA STATEMENT 27 April 2016 Government to Reserve Bank - Rock or Hard Place? The Government’s complacency on the housing crisis and the economy has put the Reserve Bank Governor in a no-win ...More >>

Govt complacency leaves RB no room to cut

Thu, 28 Apr 2016 09:57:16 +1200 | New Zealand Labour Party

The Government has put the economy in a holding pattern, leaving the Reserve Bank Governor with little room to manoeuvre as he tries to balance a rampant housing market with non-existent inflation, says Labour’s Finance spokesperson Grant Robertson.More >>

RBNZ keeps OCR at 2.25%, says inflation likely to pick up

Thu, 28 Apr 2016 09:31:47 +1200 | BusinessDesk

April 28 (BusinessDesk) - Reserve Bank governor Graeme Wheeler kept the official cash rate at 2.25 percent, in a decision traders had said could go either way, while predicting inflation will pick up as the slump in oil prices washes out of the data ...More >>

RBNZ Monetary Policy statement

Thu, 28 Apr 2016 09:14:39 +1200 | HiFX

The outlook for global growth has deteriorated over recent months due to weaker growth in China and other emerging markets More >>

Official Cash Rate unchanged at 2.25 percent

Thu, 28 Apr 2016 09:10:00 +1200 | Reserve Bank

The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. More >>

NZ dollar falls before RBNZ review; Fed keeps rates on hold

Thu, 28 Apr 2016 07:44:42 +1200 | BusinessDesk

NZ dollar falls before RBNZ statement as Fed keeps rates unchanged, drops reference to global risks More >>

NZD gains vs. Aussie on weakest inflation in 7 years

Wed, 27 Apr 2016 17:21:08 +1200 | BusinessDesk

The New Zealand dollar rose against its Australian counterpart after Australia posted its weakest inflation in seven years, sparking speculation of an interest hike across the Tasman just as the market is preparing for the local Reserve Bank's rate decision.More >>

IMF to review financial system oversight, securities law

Wed, 27 Apr 2016 13:57:43 +1200 | BusinessDesk

April 27 (BusinessDesk) - The International Monetary Fund will look at the Reserve Bank's oversight of the insurance and banking sectors, and review the overhaul of New Zealand's securities law to see how the country stacks up against global norms.More >>

New Zealand Wins 2015 IBNS Banknote of the Year Award

Wed, 27 Apr 2016 09:42:01 +1200 | International Bank Note Society

The International Bank Note Society (IBNS) announces that its voting membership has selected the Reserve Bank of New Zealand to receive its prestigious “Bank Note of the Year Award” for 2015. With almost 150 new banknotes released worldwide during ...More >>

NZ dollar gains as traders split on central banks' direction

Tue, 26 Apr 2016 17:28:54 +1200 | BusinessDesk

April 26 (BusinessDesk) - The New Zealand dollar rose, reversing course from an overnight selloff in a sign traders are divided about what they'll learn about the outlook for interest rates from the central banks of Japan, New Zealand and the US this week.More >>

Lower interest rates make KiwiSaver more attractive

Tue, 26 Apr 2016 11:22:31 +1200 | ANZ Bank

More New Zealanders are intending to leave money in their KiwiSaver after they reach 65, according to the latest ANZ Retirement Savings Barometer. More >>

English scotches speculation

Fri, 22 Apr 2016 14:38:24 +1200 | BusinessDesk

April 22 (BusinessDesk) - New Zealand Finance Minister Bill English scotched speculation that he is concerned about the Reserve Bank's performance after he stepped up his oversight of the central bank.More >>

English releases RB Board letter of expectations

Fri, 22 Apr 2016 12:51:47 +1200 | New Zealand Government

Hon Bill English Minister of Finance 22 April 2016 English releases RB Board letter of expectations More >>

Traders split on RBNZ's April rate cut decision

Fri, 22 Apr 2016 12:47:46 +1200 | BusinessDesk

April 22 (BusinessDesk) - Traders are evenly split on whether Reserve Bank governor Graeme Wheeler will deliver another interest rate cut next week, with the kiwi dollar flying above the central bank's projections, making imported products cheaper and ...More >>

NZ dollar falls vs Australian dollar, greenback

Thu, 21 Apr 2016 17:33:27 +1200 | BusinessDesk

April 21 (BusinessDesk) - The New Zealand dollar fell from a 10-month high against the greenback and dropped versus the Australian dollar amid speculation the Reserve Bank may try to drive the kiwi lower by cutting rates next week when most in the ...More >>

Media lockup to go ahead for Budget

Thu, 21 Apr 2016 16:48:58 +1200 | BusinessDesk

April 21 (BusinessDesk) - The Treasury has confirmed it is to go ahead with a lock-up for journalists for the budget on May 26, despite the Reserve Bank's decision to end the briefings. More >>

New Zealand Outlook - Flying Towards Turbulence

Thu, 21 Apr 2016 13:57:33 +1200 | Moody's Analytics

• The New Zealand economy will likely expand 2.8% in 2016, driven largely by construction and housing. More >>

NZ dollar above 70 US cents for first time in 10 months

Tue, 19 Apr 2016 17:31:28 +1200 | BusinessDesk

April 19 (BusinessDesk) - The New Zealand dollar rose above 70 US cents for the first time since June last year amid speculation the Federal Reserve won't rush to raise interest rates and the Reserve Bank won't hurry to cut its benchmark rate.More >>

How to Safely Exit Our Housing Bubble

Fri, 15 Apr 2016 16:54:41 +1200 | Peter Neilson

One year ago today the Deputy Governor of the Reserve Bank, Dr Grant Spencer made a speech entitled “Action Needed to Reduce Housing Imbalances”. In that speech he said “while there are difficult issues and trade-offs to consider in this area, ...More >>

 

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