Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More
 

The Reserve Bank of New Zealand - Latest News [Page 2]

Reserve Bank Community Cash Trials To Start Next Year

Monday, 4 December 2023, 10:59 am | The Reserve Bank of New Zealand

Rural New Zealand communities lacking commercial bank over-the-counter or ATM cash services will be invited to take part in trials starting next year of new ways to help individuals and retailers withdraw and deposit cash. The Reserve Bank of New ... More >>

Building A Balance Sheet To Support Financial Stability - RBNZ Speech

Tuesday, 14 November 2023, 12:43 pm | The Reserve Bank of New Zealand

Central banks can use their balance sheets to support not just monetary policy, but also financial stability objectives, Assistant Governor Karen Silk says. In a keynote speech delivered at the UBS Australasia Conference, in Sydney today, Karen ... More >>

Farmers Facing Heightened Challenges

Thursday, 26 October 2023, 10:30 am | The Reserve Bank of New Zealand

The agricultural sector is facing difficult economic conditions, because of low dairy, meat and forestry prices, high operating expenses and increased debt servicing costs. Longer term, the sector faces uncertainty about the scale and timing of the ... More >>

ESAS Access Review - Summary Of Submissions And Reserve Bank Response

Thursday, 19 October 2023, 1:50 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua is part-way through a review of access eligibility criteria to use our Exchange Settlement Account System (ESAS). Banks, other major institutions, and the Reserve Bank use ESAS to settle transactions ... More >>

Update On Dual Reporting In Bank Disclosure Statements

Monday, 2 October 2023, 1:03 pm | The Reserve Bank of New Zealand

We consulted from February to May 2022 on changes to bank disclosure statements. These were to introduce ‘dual reporting’ of credit risk capital requirements by banks that use their own internal models to estimate those requirements. We also ... More >>

Liquidity: One Word, Three Meanings

Wednesday, 13 September 2023, 11:05 am | The Reserve Bank of New Zealand

There are at least 3 types of liquidity and we at Te Pūtea Matua have an interest in all of them, Reserve Bank of New Zealand, Assistant Governor Karen Silk said today. In a speech delivered at the ANZ-KangaNews New Zealand Capital Market Summit in Auckland, ... More >>

Evolving Financial Services Regulation Brings RBNZ Closer To International Best Practice

Monday, 4 September 2023, 10:58 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has been part of a seismic shift in financial services regulation, Director of Enforcement and Resolution Kerry Beaumont says in a speech published today. Central banks emerged from being the strongest ... More >>

Official Cash Rate Remains On Hold

Wednesday, 12 July 2023, 2:05 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50%. The level of interest rates are constraining spending and inflation pressure as anticipated and required. The Committee agreed that the OCR will need to remain ... More >>

Great Expectations: Using Survey Inflation Expectations To Improve Inflation Forecasts-Analytical Note

Wednesday, 21 June 2023, 9:40 am | The Reserve Bank of New Zealand

Inflation expectations are essential for effective monetary policy because expectations affect current pricing behaviour, according to an Analytical Note released today by the Reserve Bank of New Zealand – Te Pūtea Matua. Expectations of what inflation ... More >>

Official Cash Rate Set To Remain Restrictive

Wednesday, 24 May 2023, 2:11 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%. The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level ... More >>

Workers Switched Industries To Stay In Work And Earn More During COVID-19 - Analytical Note

Wednesday, 10 May 2023, 9:55 am | The Reserve Bank of New Zealand

The New Zealand labour market has been resilient and flexible during the COVID-19 pandemic, with workers switching industries to stay in work and earn more, according to an Analytical Note released today by the Reserve Bank of New Zealand – Te Pūtea ... More >>

Feedback Sought On Plans To Build Cyber Resilience

Monday, 8 May 2023, 2:08 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is seeking feedback on proposals for collecting financial entity related data to support cyber resilience. The ability of cyber attackers to undermine, disrupt, and disable information and communication ... More >>

Interest Rate Risk Management In The New Zealand Banking System

Monday, 1 May 2023, 10:10 am | The Reserve Bank of New Zealand

The recent high-profile collapse of Silicon Valley Bank in America has highlighted the importance of effectively managing interest rate risk, especially in a rising interest rate environment. Interest rate risk is caused by fluctuations in the value ... More >>

Reserve Bank Releases Debt-to-Income Framework

Monday, 3 April 2023, 2:30 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is releasing its finalised debt-to-income (DTI) restriction framework that sets the technical specifications that banks need to comply with if a DTI tool is activated. Publication of the framework does not ... More >>

RBNZ And Cash Industry Supporting Cash Services In Regions Affected By Cyclone Gabrielle

Saturday, 18 February 2023, 4:29 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has given an update on ATM (cash machine) and other cash services in regions affected by Cyclone Gabrielle. The Reserve Bank has been co-ordinating commercial banks, cash service and security companies, ... More >>

Liquidity Policy Review Seeks Feedback On Significant Policy Issues

Thursday, 9 February 2023, 9:40 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua is seeking feedback on the second stage of its liquidity policy review. Deputy Governor and General Manager of Financial Stability Christian Hawkesby says our liquidity policy is one of a number of measures ... More >>

Decision On Mortgage Bond Standards

Monday, 5 December 2022, 9:23 am | The Reserve Bank of New Zealand

The Reserve Bank has decided not to introduce new mortgage bond standards through Residential Mortgage Obligations (RMO). The Reserve Bank is today announcing the decision to not introduce a new mortgage bond standard in the form of Residential ... More >>

MPC Remit Review Second Public Consultation

Wednesday, 30 November 2022, 9:27 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has launched a second consultation as part of the five-yearly review of the Monetary Policy Committee’s (MPC) Remit that guides monetary policy decisions. The Remit sets out the operating guidelines ... More >>

RBNZ Releases Statement Of Intent And Statement Of Performance Expectations

Thursday, 20 October 2022, 2:27 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has released its Statement of Intent and Statement of Performance Expectations, outlining what it intends to do to support economic wellbeing and prosperity for all New Zealanders and how it will ... More >>

Proposals To Enhance Clarity Of Risk Weighting Requirements

Thursday, 29 September 2022, 10:27 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua is proposing changes to how banks should apply risk weightings to their exposures under bank capital adequacy rules. We are in the process of phasing in the Capital Review decisions from December 2019. ... More >>

   

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.