Latest Reserve Bank Headlines

FSC will engage constructively with regulators

Thu, 24 May 2018 17:28:13 +1200 | Financial Services Council

The Financial Services Council has welcomed the conduct letter from the Financial Markets Authority (FMA) and the Reserve Bank of New Zealand (RBNZ), and will engage in a transparent and constructive manner in providing the requested information.More >>

Show us you’re clean: FMA, Reserve Bank letter to insurers

Thu, 24 May 2018 17:26:38 +1200 | BusinessDesk

May 24 (BusinessDesk) - Life insurance companies have less than a month to come up with information to reassure regulators that misconduct being unveiled by the Hayne Royal Commission in Australia isn’t happening here - or is being addressed.More >>

RBNZ needs to be more aggressive to shed gender imbalance

Thu, 24 May 2018 16:47:48 +1200 | BusinessDesk

May 24 (BusinessDesk) - The Reserve Bank needs to get "far more aggressive" to cast off a gender imbalance where 11 of the central bank's 13-strong executive team are men, and the proportion of women in senior roles ranks alongside some of ...More >>

Letter to life insurers by the FMA and Reserve Bank

Thu, 24 May 2018 13:31:05 +1200 | Financial Markets Authority

Letter sent to life insurers by the FMA and Reserve Bank of New Zealand The FMA and the RBNZ have sent the letter below to the chief executives of New Zealand’s licensed life insurersMore >>

New Reserve Bank dashboard to shed light on banks' liquidity

Wed, 23 May 2018 16:55:39 +1200 | BusinessDesk

May 23 (BusinessDesk) - Until now, getting a clear picture of how the country's banks stack up against each other could be a tortuous process, involving trawling through various bank sites, or a large and relatively incomprehensible spreadsheet on the ...More >>

Work well underway at RBNZ building

Thu, 17 May 2018 15:37:39 +1200 | The Reserve Bank of New Zealand

Work is well under way to test air quality on all levels of the Reserve Bank’s Wellington premises, after a trace of asbestos was found on level 1 during a routine inspection on Wednesday.More >>

NZ central bank HQ evacuated after trace of asbestos found

Wed, 16 May 2018 21:14:06 +1200 | BusinessDesk

May 16 (BusinessDesk) - New Zealand's central bank has temporarily evacuated its headquarters in Wellington after a trace of asbestos was found. Essential operations will occur out of its Auckland premises. More >>

Reserve Bank governor dominates the show in first appearance

Mon, 14 May 2018 14:57:04 +1200 | RNZ

Analysis - The new governor of the Reserve Bank, Adrian Orr, looked slightly disheveled at the podium. More >>

UPDATE: CBL administrators recommend liquidation

Fri, 11 May 2018 20:37:53 +1200 | BusinessDesk

(recasts lede and adds detail throughout after the voluntary administrators recommend the company be put into liquidation) More >>

NZ dollar heads for 0.8% weekly decline

Fri, 11 May 2018 20:08:25 +1200 | BusinessDesk

NZ dollar heads for 0.8% weekly decline after RBNZ affirms rates to stay low More >>

Mkt needs to be 'more comfortable' with low rates: Orr

Fri, 11 May 2018 16:37:13 +1200 | BusinessDesk

Mkt needs to be 'more comfortable' with low rates until business shifts behavior says Orr More >>

Reserve Bank keeps cash rate at 1.75%

Fri, 11 May 2018 16:12:02 +1200 | RNZ

The Reserve Bank has held its cash rate unchanged as expected amid subdued inflation and moderate economic growth. More >>

CBL administrators announce date for watershed meeting

Fri, 11 May 2018 13:14:45 +1200 | BusinessDesk

May 11 (BusinessDesk) - CBL Corp's voluntary administrators say a creditors' watershed meeting will be held next week, with their opinion on whether the company should be liquidated to be released today.More >>

NZ dollar falls across the board

Thu, 10 May 2018 20:25:34 +1200 | BusinessDesk

NZ dollar falls across the board after RBNZ's Orr keeps OCR at 1.75%, signals no change More >>

Orr pledges to address central bank's lack of open dialogue

Thu, 10 May 2018 16:14:31 +1200 | BusinessDesk

May 10 (BusinessDesk) - Reserve Bank governor Adrian Orr greeted journalists in English, Maori and sign language and pledged to address a lack of open dialogue at the central bank in his first press conference at the helm. More >>

UPDATE: RBNZ's Orr keeps OCR at 1.75% in first outing

Thu, 10 May 2018 13:00:23 +1200 | BusinessDesk

May 10 (BusinessDesk) - New Reserve Bank governor Adrian Orr kept the official cash rate at 1.75 percent and said the direction of the next move is equally balanced and could be up or down, although its forecasts continue to point to eventual rate ...More >>

RBNZ's Orr keeps OCR at 1.75% in first outing

Thu, 10 May 2018 12:31:37 +1200 | BusinessDesk

May 10 (BusinessDesk) - New Reserve Bank governor Adrian Orr kept the official cash rate at 1.75 percent and said the direction of the next move is equally balanced and could be up or down although its forecasts continue to point to eventual rate ...More >>

NZ dollar holds near 4-month low

Wed, 9 May 2018 20:36:51 +1200 | BusinessDesk

NZ dollar holds near 4-month low; RBNZ's Orr may disappoint if he sticks to script More >>

AML360 Appoints Executive Consultant for New Zealand

Wed, 9 May 2018 11:43:05 +1200 | Asia Pacific AML

As New Zealand’s AML/CFT compliance deadlines loom ever closer, lawyers and conveyancers, accountants, real estate agents and some high value dealers are facing increased pressure to respond appropriately to their compliance obligations. More >>

NZ dollar holds near 4-month low ahead of Reserve Bank

Tue, 8 May 2018 20:19:34 +1200 | BusinessDesk

May 8 (BusinessDesk) - The New Zealand dollar held near a four-month low against the greenback as investors remain focused on Reserve Bank governor Adrian Orr's first monetary policy statement on Thursday.More >>

 
 
 
 
 
 
 

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