Reserve Bank - Latest News [Page 13]
Submissions received on new mortgage bond standard
Monday, 12 August 2019, 10:20 am | Reserve Bank
The Reserve Bank has today published a summary of submissions on its consultation proposing a new mortgage bond standard aimed at supporting confidence and liquidity in New Zealand’s financial markets. More >>
Official Cash Rate reduced to 1 percent
Wednesday, 7 August 2019, 2:07 pm | Reserve Bank
The Official Cash Rate (OCR) is reduced to 1.0 percent. The Monetary Policy Committee agreed that a lower OCR is necessary to continue to meet its employment and inflation objectives. More >>
Consultation begins on draft Financial Market Bill
Thursday, 1 August 2019, 11:25 am | Reserve Bank
The Reserve Bank has today published an exposure draft of the Financial Market Infrastructure Bill (FMI Bill), and is asking for feedback from stakeholders over the next eight weeks. More >>
Reserve Bank Dashboard celebrates first year of operations
Tuesday, 16 July 2019, 11:32 am | Reserve Bank
Almost 38,000 visits have been made to the Reserve Bank’s Financial Strength Dashboard since it was launched a year ago. More >>
The Reserve Bank Embraces the Future
Thursday, 11 July 2019, 9:14 am | Reserve Bank
At a speech delivered in Auckland this morning to the Financial Services Institute of Australasia (FINSIA), Reserve Bank Governor Adrian Orr outlined the bank’s vision to be ‘a great team and the best central bank’. He also encouraged others to ... More >>
Review of supervision of CBL Insurance liquidation
Wednesday, 3 July 2019, 2:31 pm | Reserve Bank
The Reserve Bank has today released the review that it commissioned of its supervision of CBL Insurance Limited (CBL). The review relates to the Bank as regulator and supervisor of licensed insurers, and the Bank accepts all findings and recommendations for itself ... More >>
Reserve Bank releases submissions on Capital Review
Monday, 1 July 2019, 1:09 pm | Reserve Bank
The Reserve Bank has today released submissions along with a Summary of Submissions (PDF 399 KB) on the latest consultation paper in its Capital Review, which proposes several measures to ensure a safer banking system for New Zealanders. More >>
Macroprudential policy: Past, Present and Future
Monday, 1 July 2019, 9:13 am | Reserve Bank
The Reserve Bank has refreshed its strategy for using macroprudential policy six years after its implementation. More >>
The RBNZ is renewing its approach to financial stability
Wednesday, 26 June 2019, 4:33 pm | Reserve Bank
The Reserve Bank’s approach to prudential regulation and supervision is being updated to ensure financial stability for future generations. Talking at the Financial Markets Law Conference in Auckland, Deputy Governor / General Manager of Financial ... More >>
Official Cash Rate unchanged at 1.5 percent
Wednesday, 26 June 2019, 2:09 pm | Reserve Bank
The Official Cash Rate (OCR) remains at 1.5 percent. Given the weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over time to continue to meet our objectives. Domestic growth has slowed over the ... More >>
Reserve Bank shaping up to be Great Team, Best Central Bank
Tuesday, 25 June 2019, 10:12 am | Reserve Bank
The Reserve Bank of New Zealand is outlining its vision, purpose, and values which will ensure that we are well equipped to deliver on our commitments in the Statement of Intent 2019-2022 released today. More >>
Reserve Bank chair welcomes next steps in modernisation
Monday, 24 June 2019, 5:19 pm | Reserve Bank
The Reserve Bank has welcomed the release of in-principle decisions relating the Review of the Reserve Bank Act and is encouraging submissions in the consultation process. The Ministers’ in-principle decisions and second set of consultation papers ... More >>
Safer banks and strengthened bank accountability
Monday, 24 June 2019, 4:57 pm | Reserve Bank
The Coalition Government today announced moves to make New Zealand’s banking system safer for customers through a new deposit protection regime, and work to strengthen accountability for banks’ actions. The in-principle decisions are part of Phase ... More >>
Kristin School wins Reserve Bank Monetary Policy Challenge
Monday, 17 June 2019, 2:22 pm | Reserve Bank
Kristin School has taken out the top honours in the Reserve Bank of New Zealand’s 2019 Monetary Policy Challenge. Auckland Grammar School came second and Lynfield College placed third. More >>
Reserve Bank and Māori Language Commission partner
Thursday, 13 June 2019, 3:31 pm | Reserve Bank
Te Pūtea Matua (the Reserve Bank of New Zealand) and Te Taura Whiri i Te Reo Māori (the Māori Language Commission) today signed a mahi tahi Memorandum of Understanding (MOU) to promote and embrace te reo Māori within the Central Bank. More >>
Reserve Bank changes help to meet public expectations
Wednesday, 5 June 2019, 1:32 pm | Reserve Bank
The Reserve Bank has significantly changed the way it makes monetary policy decisions, keeping itself in step with public expectations. More >>
Reserve Bank reveals Monetary Policy Challenge finalists
Friday, 31 May 2019, 1:43 pm | Reserve Bank
Date: 31 May 2019 Reserve Bank reveals Monetary Policy Challenge 2019 finalists The Reserve Bank’s new format Monetary Policy Challenge is shaping up to be an exciting competition, with six schools progressing to the final round of the competition. ... More >>
Work required to achieve financial resilience
Wednesday, 29 May 2019, 9:12 am | Reserve Bank
Statement from Reserve Bank Governor Adrian Orr when releasing the May Financial Stability Report: Tēnā koutou katoa, welcome all. The New Zealand financial system remains resilient to a broad range of economic risks. However, financial system risks ... More >>
LVR restrictions promote financial stability
Wednesday, 22 May 2019, 12:44 pm | Reserve Bank
The Reserve Bank has undertaken a detailed evaluation of Loan-to-Value Ratio restrictions (LVR) as part of a wider review of macroprudential policy. More >>
Reserve Bank announces next steps in Capital Review
Monday, 20 May 2019, 1:58 pm | Reserve Bank
The Reserve Bank has today announced the next steps in its Capital Review, following the closing of written submissions on Friday last week. More >>