Latest Reserve Bank Headlines

NZ dollar dips as GDP growth revised down, Fed eyes rates

Thu, 18 Dec 2014 17:12:19 +1300 | BusinessDesk

Dec. 18 (BusinessDesk) - The New Zealand dollar dipped after the country's pace of economic growth was revised down, though continued to beat expectations, and as the Federal Reserve gets closer to making a call on whether to hike interest rates.More >>

Reserve Bank: Brighter Money Update

Thu, 18 Dec 2014 11:16:22 +1300 | Reserve Bank

The Reserve Bank has today released a Bulletin article explaining how it chose the designs for the next series of New Zealand banknotes. The article takes readers through the design process, including the often intricate challenges of ensuring that the ...More >>

Latest Reserve Bank Bulletins released

Wed, 17 Dec 2014 11:42:22 +1300 | Reserve Bank

The Reserve Bank today released two Reserve Bank Bulletins . More >>

Weights for new Trade-Weighted Index

Mon, 15 Dec 2014 16:25:09 +1300 | Reserve Bank

The Reserve Bank is changing the way it calculates the trade-weighted index (TWI), as previously announced in October. As of Wednesday 17 December 2014: · the number of currencies included in the TWI will be increased from five to 17; · the weights ...More >>

Greenback slips to third in NZ's expanded TWI, yuan second

Mon, 15 Dec 2014 15:26:43 +1300 | BusinessDesk

Dec. 15 (BusinessDesk) - The US dollar's weighting has slipped in the Reserve Bank of New Zealand's new trade-weighted index, which adds the Chinese yuan to a line-up of 17 currencies skewed to Asia and intended to more accurately reflect New Zealand's ...More >>

NZ dollar rises vs. A$ after RBA talks down currency

Fri, 12 Dec 2014 08:38:32 +1300 | BusinessDesk

NZ dollar rises to 9-month high vs. A$ after RBA's Stevens talks down currency More >>

UPDATE: RBNZ’s Wheeler keeps rate hikes on table

Thu, 11 Dec 2014 10:34:12 +1300 | BusinessDesk

UPDATE: RBNZ’s Wheeler keeps rate hikes on table even with softer outlook; kiwi jumps More >>

OCR unchanged at 3.5 percent

Thu, 11 Dec 2014 09:12:40 +1300 | Reserve Bank

The Reserve Bank today left the Official Cash Rate unchanged at 3.5 percent. More >>

RBNZ’s Wheeler says future rate hikes to come at 'later stag

Thu, 11 Dec 2014 09:11:39 +1300 | BusinessDesk

RBNZ’s Wheeler says future rate hikes to come at 'later stage', keeps OCR unchanged More >>

Tame NZ inflation expectations may still be too high: RBNZ

Thu, 11 Dec 2014 09:07:59 +1300 | BusinessDesk

Dec. 11 (BusinessDesk) - Tame expectations for increases in New Zealand consumer price increases could still be too high, and the Reserve Bank is reviewing the way it assesses non-tradable inflation, which has undershot its estimates.More >>

PQ 1. Financial Systems—Stability

Tue, 9 Dec 2014 16:30:40 +1300 | Office of the Clerk

1. JONO NAYLOR (National) to the Minister of Finance : What reports has he received about the stability of New Zealand’s financial system? More >>

NZ dollar drops after robust US jobs report; RBNZ looms

Mon, 8 Dec 2014 08:44:28 +1300 | BusinessDesk

Dec. 8 (BusinessDesk) - The New Zealand dollar fell after figures showed the US added more jobs than expected last month, adding to evidence the world's biggest economy is robust enough to warrant higher interest rates and helping lift the greenback.More >>

Tame NZ inflation may see Reserve Bank flag longer pause

Mon, 8 Dec 2014 08:08:26 +1300 | BusinessDesk

Dec. 8 (BusinessDesk) - The Reserve Bank of New Zealand, faced with inflation that has undershot its forecasts, may signal a longer pause in its tightening cycle this week and a lower peak when interest rates do rise.More >>

The RBNZ Observer: Comfortably on hold

Fri, 5 Dec 2014 16:20:29 +1300 | HSBC Bank

The RBNZ will no doubt head into the end of 2014 feeling rather pleased. Having delivered 100bp of hikes between March and July, it has taken some of the steam out of the economy; however, at the same time, activity has not slowed dramatically.More >>

Export growth falls, but still positive

Fri, 5 Dec 2014 11:14:07 +1300 | Manufacturers and Exporters Association

The latest New Zealand Manufacturers and Exporters Association (NZMEA) Survey of Business Conditions completed during November 2014, shows total sales in October 2014 decreased 4.61% (year on year export sales increased by 1.11% with domestic ...More >>

NZ dollar falls on weak dairy auction, stronger greenback

Wed, 3 Dec 2014 08:40:50 +1300 | BusinessDesk

Dec. 3 (BusinessDesk) - The New Zealand dollar fell after prices for the nation's largest commodity export declined in the latest GlobalDairyTrade auction overnight. More >>

RBA says Aust dollar near 4 1/2-year low needs to fall more

Tue, 2 Dec 2014 17:14:31 +1300 | BusinessDesk

Dec. 2 (BusinessDesk) - The Reserve Bank of Australia said its currency, near a 4 1/2-year low, remains over-valued and needs to decline further to assist the economy across the Tasman, which is growing at a moderate pace.More >>

Interest rate cut overdue

Tue, 2 Dec 2014 11:20:56 +1300 | Employers And Manufacturers Association

The Employers and Manufacturers Association has joined the call for an early cut to interest rates. According to the EMA the Reserve Bank should reduce the Official Cash Rate right away or risk deflation next year when the economy is predicted to ...More >>

RBNZ constrained in influencing long-term rates: Wheeler

Mon, 1 Dec 2014 09:31:39 +1300 | BusinessDesk

Dec. 1 (BusinessDesk) - The Reserve Bank's influence over long-term interest rates is limited by global investor activity, and it may need to call on further macro-prudential tools to assist with policy, according to governor Graeme Wheeler.More >>

Reflections on 25 yrs of Inflation Targeting: Graeme Wheeler

Mon, 1 Dec 2014 09:24:26 +1300 | Reserve Bank

It is now 25 years since the Reserve Bank of New Zealand Act came into force. The Act established the operational independence of the Reserve Bank (Bank) in respect of monetary policy, and specified price stability as the single monetary policy objective. ...More >>


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