Latest Reserve Bank Headlines

NZ dollar rises above 72 US cents amid early inflation signs

Wed, 19 Oct 2016 17:19:25 +1300 | BusinessDesk

Oct. 19 (BusinessDesk) - The New Zealand dollar rose above 72 US cents for the first time in two weeks as stronger-than-expected inflation figures at home and in the UK stoked speculation the era of ultra-low price increases may be ending.More >>

Inflation piles pressure on National and Reserve Bank

Tue, 18 Oct 2016 12:01:47 +1300 | New Zealand Labour Party

While many households will welcome the low inflation figures announced today, they highlight serious questions for both the National government and the Reserve Bank, Labour’s Finance Spokesperson Grant Robertson said.More >>

NZ dollar heads for 0.7% weekly decline

Fri, 14 Oct 2016 17:18:01 +1300 | BusinessDesk

NZ dollar heads for 0.7% weekly decline as RBNZ's presses rate cut bias More >>

Kiwi touches 10-week low against US dollar as easing looms

Thu, 13 Oct 2016 17:20:06 +1300 | BusinessDesk

Oct. 13 (BusinessDesk) - The Kiwi hit a ten-week low against the US dollar in trading on Thursday, going as low as 70.36 cents against the greenback as economic data showed food prices in New Zealand fell and the pace of house price rises in Auckland eased ...More >>

NZD drops below 71 US cents as RBNZ keeps to rate cut plan

Tue, 11 Oct 2016 17:12:03 +1300 | BusinessDesk

The New Zealand dollar fell below 71 US cents for the first time in two months as Reserve Bank assistant governor John McDermott reaffirmed the bank's intention to cut interest rates further. More >>

RBNZ affirms rate cut bias to stoke moribund inflation

Tue, 11 Oct 2016 16:46:13 +1300 | BusinessDesk

Oct. 11 (BusinessDesk) - The Reserve Bank still expects to cut interest rates further to try and stir inflation that's been kept low by a weak global economy, though the bank isn't concerned that consumer prices will start falling, says assistant governor ...More >>

Understanding low inflation in New Zealand

Tue, 11 Oct 2016 16:14:02 +1300 | Reserve Bank

September quarter inflation, due for release next Tuesday, is expected to be low, Assistant Governor John McDermott said in a speech to the Bay of Plenty Employers and Manufacturers Association in Rotorua today.More >>

Q+A: Gabriel Makhlouf

Sun, 2 Oct 2016 17:22:02 +1300 | TVNZ

Treasury Secretary and Chief Executive Gabriel Makhlouf told TVNZ 1’s Q+A programme that ‘probably the biggest risk for us at the moment is what we are seeing as growing protectionism around the world. ‘And a small open economy like us needs to really ...More >>

RBNZ to pay $140 million dividend from FX gains

Thu, 29 Sep 2016 11:45:01 +1300 | BusinessDesk

Sept. 29 (BusinessDesk) - The Reserve Bank will pay a $140 million dividend to the government, using up some of the near $1 billion of investment gains built up from prior years. More >>

Innovation key to shaping Bank’s past and future

Thu, 29 Sep 2016 11:44:16 +1300 | Reserve Bank

The Reserve Bank's Annual Report 2015-16 demonstrates the Bank's commitment to innovation as it continues to promote a sound and dynamic monetary and financial system, Governor Graeme Wheeler said today.More >>

Neil Quigley to chair RBNZ's board of directors

Tue, 27 Sep 2016 11:23:18 +1300 | BusinessDesk

Sept. 27 (BusinessDesk) - Neil Quigley has been elected chair of the Reserve Bank's board of directors, replacing Rod Carr who is leaving early. More >>

Neil Quigley new Chair of Reserve Bank Board

Tue, 27 Sep 2016 09:58:32 +1300 | Reserve Bank

Professor Neil Quigley has been elected Chair of the Reserve Bank's Board of Directors, replacing Dr Rod Carr. Ms Kerrin Vautier has been appointed as Deputy Chair. More >>

New Reserve Bank chair congratulated

Tue, 27 Sep 2016 09:49:36 +1300 | New Zealand Government

Finance Minister Bill English has congratulated the new chair of the Reserve Bank’s board of directors Professor Neil Quigley. More >>

NZD falls to 4-week low as November cuts seem locked in

Mon, 26 Sep 2016 17:41:13 +1300 | BusinessDesk

NZ dollar falls to 4-week low as November cuts seem locked in, trade data weakens More >>

PM's Press Conference 26/9/16: Syrian Peace And Fishy Advice

Mon, 26 Sep 2016 17:27:53 +1300 | The Scoop Team

Prime Minister John Key began his weekly press conference by discussing his chairing of last week's UN Security Council meeting on Syria, to 'focus the world's attention' on the crisis. He described subsequent attacks on civilians in Aleppo as 'despicable' ...More >>

Property Institute wants LVR exemption for first home buyers

Sun, 25 Sep 2016 21:56:58 +1300 | New Zealand Property Institute

Property Institute wants LVR exemption for first home buyers Property Institute of New Zealand Chief Executive, Ashley Church, has repeated his call for the Reserve Bank to exempt first home buyers from the Loan-to-value restrictions following news ...More >>

NZD falls vs. greenback, Aussie on likely November OCR cut

Fri, 23 Sep 2016 17:30:38 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - The New Zealand dollar fell against the greenback and the Australian dollar after the Reserve Bank's interest rate review left traders with more of a sense that governor Graeme Wheeler is likely to cut the official cash rate ...More >>

RBNZ pushes for new quarterly disclosure regime

Fri, 23 Sep 2016 12:49:55 +1200 | BusinessDesk

Sept. 23 (BusinessDesk) - The Reserve Bank is pushing for a new disclosure regime for the way banks make financial information public outside their half-year and annual updates, which would see the central bank draw on data it's already privy to.More >>

Reserve Bank consults on new dashboard for banks

Fri, 23 Sep 2016 11:28:04 +1200 | Reserve Bank

The Reserve Bank today released a consultation document on a proposed new ‘Dashboard’ approach to quarterly disclosure for locally incorporated banks. More >>

NZ dollar gains as central banks meet market expectations

Thu, 22 Sep 2016 17:34:58 +1200 | BusinessDesk

Sept. 22 (BusinessDesk) - The New Zealand dollar rose after the US Federal Reserve and the Reserve Bank kept interest rates on hold, as expected, keeping the kiwi on track to shed some of its yield advantage later in the year.More >>


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