Latest Reserve Bank Headlines

Andrew Little Post-Budget Address

Fri, 22 May 2015 10:44:29 +1200 | Francis Cook

Andrew Little said today the Budget was not earth-shattering, but he made concessions regarding the government’s new policies on working for families and children in poverty.More >>

Gordon Campbell on Budget 2015

Fri, 22 May 2015 09:50:08 +1200 | Gordon Campbell

From the outset, the slogan for yesterday’s Budget - “The Plan Is Working” – begged to be mocked. There’s actually a plan for the national economy? Who knew? And its been working for whom, exactly? Not for families in poverty, clearly. ...More >>

Budget 2015 - Scoop Full Coverage - Update #1 21/5/15

Thu, 21 May 2015 19:02:08 +1200 | The Scoop Team

CLICK TO JUMP TO SCOOP BUDGET COMMENTARY AND REPORTS CLICK TO JUMP TO THE BUDGET PRESS RELEASES CLICK TO JUMP TO BUDGET REACTION CLICK TO JUMP TO BUDGET PREVIEWS More >>

NZ Budget 2015 - A Budget With Poverty At Its Heart

Thu, 21 May 2015 14:05:07 +1200 | Alastair Thompson

Poverty of imagination. Poverty of opportunity. Poverty of ambition. Nothing has changed, really, since 2014. The fiscal stratagem remains fixed. Surpluses at all costs. Then spending restraints remain and any "fiscal headroom" is to be applied ...More >>

Reserve Bank will further enhance dialogue

Thu, 21 May 2015 11:14:06 +1200 | Reserve Bank

21 May 2015 Reserve Bank will further enhance dialogue The Reserve Bank has committed to further enhancing dialogue with its stakeholders, following its first external Stakeholder Engagement Survey. The Bank today released in its Bulletin the results ...More >>

New Zealand Weekly Economic & Political Update

Wed, 20 May 2015 09:36:33 +1200 | iPredict

The Official Cash Rate will be cut on 11 June and again by 10 December , according to the combined wisdom of the 8000+ registered traders on New Zealand’s predictions market, iPredict. Despite this, annual inflation is not expected to reach 2% until ...More >>

A Budget to Assist the Poorest

Wed, 20 May 2015 09:27:53 +1200 | Salvation Army

A people centred budget, which improves the plight of the poorest and most vulnerable Kiwis, is the expectation The Salvation Army has for Thursday’s budget. More >>

NZ inflation expectations creep higher in June survey

Tue, 19 May 2015 15:50:08 +1200 | BusinessDesk

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher.More >>

NZ dollar declines amid US optimism, local rate outlook

Tue, 19 May 2015 08:45:01 +1200 | BusinessDesk

May 19 (BusinessDesk) - The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound after a weak first quarter, and as the kiwi is weighed down by expectations local interest rates will fall.More >>

RBNZ house alert speech the catalyst for government action

Mon, 18 May 2015 17:44:50 +1200 | BusinessDesk

May 18 (BusinessDesk) - Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ...More >>

John Key selective with facts on capital gains tax advice

Mon, 18 May 2015 11:51:02 +1200 | Green Party

Both the IRD and the Treasury have produced previous advice supporting a capital gains tax, including advice about bright line tests – advice that conflicts with John Key’s statement today that National’s about-face on a capital gains tax ...More >>

GC: The government’s belated moves on property speculation

Mon, 18 May 2015 09:26:32 +1200 | Gordon Campbell

Is it a property tax on capital gains or a capital gains tax on property? The Jesuitical distinctions in the government’s spin about its latest moves on property speculators are all about whether the government can claim that it jumped, or confess that it ...More >>

NZ dollar falls as govt move on housing seen to free up RBNZ

Mon, 18 May 2015 08:33:43 +1200 | BusinessDesk

NZ dollar falls as govt move on housing market seen to free up RBNZ for rate cuts More >>

Q+A: Peters: Change Reserve Bank Act

Sun, 17 May 2015 12:58:58 +1200 | TVNZ

Peters: Change Reserve Bank Act New Zealand First leader Winston Peters told TV One’s Q+A programme that his top priority ahead of the Budget would be to change the Reserve Bank Act. WINSTON Number one, I’d change the Reserve Bank Act to reflect ...More >>

RBNZ's new loan restrictions postive for banks' books: Fitch

Thu, 14 May 2015 14:53:19 +1200 | BusinessDesk

May 14 (BusinessDesk) - The Reserve Bank's plans to rein in mortgage loans to Auckland property investors should help support lenders' balance sheets and insulate them from a sudden downturn, Fitch Ratings says.More >>

Andrew Little's Pre-Budget Speech

Thu, 14 May 2015 11:13:28 +1200 | New Zealand Labour Party

Only on rare occasions does a single budget have a profound effect on the economy, and on people’s lives. More >>

Housing Finance and Infrastructure | Keith Rankin

Thu, 14 May 2015 09:53:54 +1200 | Keith Rankin

The Reserve Bank acted yesterday to limit the folly of our banks in lending too much to Auckland property 'investors'. The Reserve Bank is not concerned about housing as such. Its concern is "financial stability" with particular reference to the security ...More >>

Reserve Bank’s dairy warning must be heeded

Thu, 14 May 2015 09:09:20 +1200 | New Zealand Labour Party

The Reserve Bank’s warning that the overreliance on the dairy sector is a threat to the wider economy as well as many farmers’ futures must not be another smoke signal ignored by National, Opposition Leader Andrew Little says. “The Reserve ...More >>

REINZ Acknowledges Reserve Bank Action On Auckland

Wed, 13 May 2015 14:32:02 +1200 | REINZ

REINZ is pleased by today’s announcement by the Reserve Bank of New Zealand to differentiate between the Auckland real estate market and the rest of the country, with the decision to relax LVR restrictions on first home buyers outside of the Auckland ...More >>

NZ dollar drops after RBNZ's Wheeler talks down kiwi

Wed, 13 May 2015 14:23:12 +1200 | BusinessDesk

May 13 (BusinessDesk) - The New Zealand dollar weakened after Reserve Bank governor Graeme Wheeler reiterated that he still considered the currency "unjustified and unsustainable", key criteria for intervention.More >>

 

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