Latest Reserve Bank Headlines

UPDATE: Stronger than expected growth

Thu, 20 Sep 2018 15:35:37 +1200 | BusinessDesk

Sept. 20 (BusinessDesk) - New Zealand's stronger-than-expected economic growth pared any chance of a rate cut but downside risks - particularly flagging business confidence - remain. More >>

RBNZ independence at risk from policy committee appointment

Thu, 20 Sep 2018 13:59:25 +1200 | BusinessDesk

Sept. 20 (BusinessDesk) - Allowing the minister of finance to appoint all the members of the Reserve Bank’s monetary policy committee risks weakening perceptions of the bank’s operational independence, ASB chief economist Nick Tuffley says.More >>

Strong June qtr GDP growth should quell rate cut risk

Fri, 14 Sep 2018 19:46:13 +1200 | BusinessDesk

Sept. 14 (BusinessDesk) - Strong economic growth should calm expectations for a possible rate cut this year. More >>

RBNZ review to chew over meaty issues

Mon, 10 Sep 2018 17:44:40 +1200 | BusinessDesk

Sept. 10 (BusinessDesk) - The potential introduction of deposit insurance and the removal of prudential supervision are among the key issues to be addressed in the next stage of the Reserve Bank Act review.More >>

Phase 2 of the Reserve Bank Act Review

Mon, 10 Sep 2018 09:49:05 +1200 | The Treasury

The joint Treasury and Reserve Bank Team undertaking Phase 2 of the Government’s Review of the Reserve Bank Act has released the outline of how Phase 2 will proceed. More >>

Reserve Bank Act review panel appointed

Fri, 7 Sep 2018 20:16:14 +1200 | BusinessDesk

Sept. 7 (BusinessDesk) - The government has made three new appointments to the panel reviewing the Reserve Bank Act, as the "wide-ranging" review enters its second phase.More >>

Reserve Bank's Orr laments 'short-termism'; spruiks NZ

Fri, 7 Sep 2018 13:54:07 +1200 | BusinessDesk

Sept. 7 (BusinessDesk) - Reserve Bank governor Adrian Orr lamented the dominance of short-term thinking in his first public speech since taking over as head of the central bank in March.More >>

Geopolitics, New Zealand and the winds of change

Fri, 7 Sep 2018 09:50:02 +1200 | Reserve Bank

A long-term focus is key to promoting economic growth and developing a healthy financial ecosystem, Reserve Bank Governor Adrian Orr said today. More >>

Hold history in your hand

Mon, 27 Aug 2018 10:34:08 +1200 | The Reserve Bank of New Zealand

Hold history in your hand with one of the legal tender coloured circulating fifty-cent coins, minted to commemorate the centennial of Armistice Day, 11 November, when the First World War ended. Over 100,000 New Zealanders fought in that war, and more than ...More >>

Gordon Campbell on MP pay and the REAL p.c. danger zone

Tue, 21 Aug 2018 11:16:41 +1200 | Gordon Campbell

There has never been anything remotely credible about the way parliamentarians would paint themselves as the helpless victims of the Remuneration Authority when it came to their pay increases.More >>

Exporter demand halts NZ dollar's slide

Mon, 13 Aug 2018 20:20:53 +1200 | BusinessDesk

Aug. 13 (BusinessDesk) - The New Zealand dollar was largely unchanged in local trading as exporters piled into the currency at a two-year low, offsetting the downbeat tone sparked by Turkey's economic woes. More >>

Economists see more pain in store for the New Zealand dollar

Mon, 13 Aug 2018 19:27:15 +1200 | BusinessDesk

Aug. 13 (BusinessDesk) - The New Zealand dollar was roiled by the Reserve Bank’s surprisingly dovish stance last week and economists say there is more downside to come as US interests rates rise and the global trade outlook remains uncertain. More >>

Q+A: Adrian Orr interviewed by Corin Dann

Mon, 13 Aug 2018 09:57:29 +1200 | TVNZ

Please find attached the transcript of the interview between our host Corin Dann and the NZ Reserve Bank Governor Adrian Orr on TVNZ1’s Q+A this [Sunday] evening. More >>

NZ central bank vacating Wellington HQ for 3 months

Fri, 10 Aug 2018 14:00:28 +1200 | BusinessDesk

Aug. 10 (BusinessDesk) - New Zealand's central bank is vacating its Wellington headquarters for about three months to remediate asbestos issues. More >>

Migration and Business Cycle Dynamics

Fri, 10 Aug 2018 11:30:43 +1200 | The Reserve Bank of New Zealand

A new discussion paper (attached) on modelling the cyclical effects of migration flows in general equilibrium, authored by Christie Smith and Christoph Thoenissen, has been published on the Bank’s website.More >>

Managed exit from Reserve Bank Wellington building

Fri, 10 Aug 2018 10:38:11 +1200 | The Reserve Bank of New Zealand

The Reserve Bank is vacating its Wellington building for about three months so it can remediate asbestos issues. More >>

NZ dollar tumbles 1.2% on TWI basis after RBNZ's dovish tilt

Thu, 9 Aug 2018 20:16:14 +1200 | BusinessDesk

NZ dollar tumbles 1.2% on TWI basis after RBNZ's dovish tilt By Rebecca Howard More >>

Weak growth trumps inflation in RBNZ's policy stance

Thu, 9 Aug 2018 20:14:36 +1200 | BusinessDesk

Aug. 9 (BusinessDesk) - Concerns about New Zealand's slowing economy trumped signs of emerging inflation for the central bank after Reserve Bank governor Adrian Orr said he expects to keep the official cash rate on hold for at least a year longer ...More >>

UPDATE: No interest rate change before 2020

Thu, 9 Aug 2018 12:51:03 +1200 | BusinessDesk

Aug. 9 (BusinessDesk) - Reserve Bank governor Adrian Orr kept the official cash rate at 1.75 percent as widely expected but said he now expects to keep rates on hold for at least a year longer than previously thought and reiterated the next move ...More >>

No interest rate change before 2020, says RBNZ's Orr

Thu, 9 Aug 2018 12:29:05 +1200 | BusinessDesk

Aug. 9 (BusinessDesk) - Reserve Bank governor Adrian Orr kept the official cash rate at 1.75 percent as widely expected but said he now expects to keep rates on hold for at least a year longer than previously thought and reiterated the next move could ...More >>

 
 
 
 
 
 
 

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