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Latest Reserve Bank Headlines
Ask Susan: Can Solo Parents On A Benefit Get A Home Loan?
Sun, 21 Jul 2024 17:09:32 +1200 | RNZ
RNZ's money correspondent Susan Edmunds answers your burning questions. More >>
One Small Step For Inflation, One Giant Leap From The Peak
Wed, 17 Jul 2024 16:45:02 +1200 | Kiwi Economics
We still think inflation is on track to fall below 3% in the current (September) quarter. And today’s progress on core inflation has us growing in confidence that the RBNZ’s 2% target will be achieved in 2025.More >>
Annual Inflation At 3.3 Percent
Wed, 17 Jul 2024 13:56:27 +1200 | Stats NZ
The 3.3 percent increase follows a 4.0 percent increase in the 12 months to the March 2024 quarter. More >>
Digital Cash: 10 Days Left To Make A Submission!
Tue, 16 Jul 2024 16:00:33 +1200 | The Reserve Bank of New Zealand
We are in stage 2 of a multi-year project to consider the use of digital cash. We've developed some principles and design options – and we’re asking New Zealanders for their views on them.More >>
The RBNZ Deliberately Softened Their Language, A Touch. We’re More Convinced Of A Cut In Nov.
Sat, 13 Jul 2024 14:08:39 +1200 | Kiwi Economics
Another MPR, and another hold. As expected, the RBNZ kept the OCR unchanged at 5.50%. But importantly, we finally got a noticeable softening in tone. It was a welcome shift given the total collapse in business confidence last week. Enough is enough ...More >>
Has The Reserve Bank Gone Too Far?
Thu, 11 Jul 2024 15:26:58 +1200 | RNZ
The bank needed to slow the economy to bring inflation down. But has it done too much? More >>
Interest Rates Freeze Shows Need To Take An Axe To Government Waste
Wed, 10 Jul 2024 14:21:32 +1200 | Taxpayers' Union
The Government needs to get serious about slashing wasteful spending, but so far it’s done anything but. More spending, a bigger deficit and heaps more debt were the name of the game in May’s Budget.More >>
OCR 5.50% - Inflation Approaching Target Range
Wed, 10 Jul 2024 14:18:14 +1200 | The Reserve Bank of New Zealand
The decline in inflation reflects receding domestic pricing pressures, as well as lower inflation for goods and services imported into New Zealand. Labour market pressures have eased, reflecting cautious hiring decisions by firms and an increased supply ...More >>
Publication Of Funding Strategy For The Depositor Compensation Scheme
Fri, 5 Jul 2024 12:05:26 +1200 | The Treasury
The first funding strategy for the Depositor Compensation Scheme (DCS), known as the Statement of Funding Approach (SoFA), has been published today. The publication of the SoFA is an important milestone towards implementing the DCS in mid-2025.More >>
ASB Household Sector Outlook - Interest Rate Relief This Year Looks Possible
Thu, 4 Jul 2024 11:55:57 +1200 | ASB Bank
Signs are looking brighter for New Zealand households in 2025, according to the ASB Household Sector Outlook published today, with interest rate relief possible before the end of the year.More >>
Depressed Business Confidence Justifies Shot In The Arm
Wed, 3 Jul 2024 19:42:54 +1200 | New Zealand Taxpayers' Union
Yesterday’s NZIER release of its Quarterly Survey of Business Opinion shows a continuing decline in business confidence. This mirrors last month’s release of the BNZ-BusinessNZ Performance of Manufacturing Index that shows the manufacturing ...More >>
Business Confidence Has Deteriorated, Again. RBNZ Rate Cuts Are Required, To Avoid Economic Scarring
Tue, 2 Jul 2024 14:39:59 +1200 | Kiwi Economics
The NZIER’s quarterly survey of business opinion (QSBO), the best on the street, shows a clear deterioration in expectations.More >>
RBNZ Releases Statement Of Intent (SoI) And Statement Of Performance Expectations (SPE)
Thu, 27 Jun 2024 16:06:14 +1200 | The Reserve Bank of New Zealand
The Statement of Intent (SoI) covers the period 2024 to 2028 and the Statement of Performance Expectations (SPE) covers 2024/2025. More >>
We May Have Popped Out Of A Double Dip Recession, But We’re Still Struggling…
Sun, 23 Jun 2024 18:23:53 +1200 | Kiwi Economics
The Kiwi economy expanded 0.2% over the March quarter. It follows the technical recession over the second half of 2024. We may officially be out of recession, but the economy remains in a soft state.More >>
Challenging Conditions In Banking Sector Create Growth Opportunities For ‘Shadow’ Banks
Fri, 21 Jun 2024 19:43:35 +1200 | Chapman Tripp
The report predicts that opportunities for alternative providers will be created as the RBNZ tightens its grip on the regulated banking sector to maintain financial stability in an economy that continues to face headwinds.More >>
Reserve Bank Chair Reappointed
Thu, 20 Jun 2024 16:52:07 +1200 | New Zealand Government
Professor Neil Quigley has been reappointed as Chair of the Reserve Bank of New Zealand Board for a further term of two years, until 30 June 2026. More >>
The Road Back To 2% Inflation: A Speech By RBNZ Chief Economist Paul Conway
Wed, 19 Jun 2024 19:41:08 +1200 | The Reserve Bank of New Zealand
Inflation spiked higher during the pandemic on a mix of supply and demand-related factors. Shortages of labour and materials, in an environment of high demand, were key in driving up inflation.More >>
RBNZ’s DTI Restrictions To Make Rich Richer And Poor Poorer
Thu, 13 Jun 2024 11:24:41 +1200 | Happy Prime
Just as in the CCCFA scenario, the new measures could disproportionately affect first home buyers and those on low incomes, potentially causing them financial disadvantage. More >>
Monetary Policy Announcement And Financial Stability Report Dates For Late 2025 And 2026
Tue, 11 Jun 2024 11:22:28 +1200 | The Reserve Bank of New Zealand
11 June 2024 The Reserve Bank of New Zealand - Te Pūtea Matua has released the dates for publication of its quarterly Monetary Policy Statement (MPS), Monetary Policy Review (MPR) decisions and the 6-monthly Financial Stability Report (FSR). ...More >>
On The Brink – How Central Bank Digital Currency Threatens Civil, Constitutional And Human Rights
Wed, 5 Jun 2024 05:11:02 +1200 | PSGR
Physicians and Scientists for Global Responsibility (PSGRNZ) have published a paper raising major questions and encouraging debate regarding the potential risks that arise from the inter-operability of Digital Identity (ID) systems and central bank ...More >>
