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Reserve Bank - Latest News [Page 38]

Reserve Bank releases Financial Stability Report

Wednesday, 15 November 2006, 10:13 am | Reserve Bank

The Reserve Bank today released its Financial Stability Report, a twice-yearly report that assesses the health of the New Zealand financial system. The report covers developments in financial institutions, foreign exchange and debt markets, and payments systems. ... More >>

Low equity investment leaves NZ vulnerable

Thursday, 9 November 2006, 11:42 am | Reserve Bank

New Zealanders' low investment in local businesses leaves the economy more vulnerable to shocks and constrains the country's growth prospects, Reserve Bank Governor Alan Bollard said today. More >>

Westpac is now locally incorporated

Wednesday, 1 November 2006, 10:33 am | Reserve Bank

The Reserve Bank has registered Westpac New Zealand Limited as a registered bank. Westpac New Zealand Limited is a New Zealand incorporated subsidiary of Westpac Banking Corporation. More >>

Reserve Bank: OCR unchanged at 7.25 percent

Thursday, 26 October 2006, 9:03 am | Reserve Bank

Since our September Monetary Policy Statement, there has been a significant improvement to the near-term inflation outlook, mainly as a result of the recent decline in oil prices. We expect lower fuel prices, together with the recent rebound in the exchange ... More >>

The end is nigh for old coins

Tuesday, 24 October 2006, 10:12 am | Reserve Bank

In one week - 1 November - the old 5, 10, 20 and 50c cent coins will no longer be legal tender, which means retailers need no longer accept them as payment for goods. More >>

Reserve Bank and The Treasury release book

Monday, 16 October 2006, 10:40 am | Reserve Bank

The Reserve Bank of New Zealand and The Treasury released today a book entitled "Testing stabilisation policy limits in a small open economy". This book contains the proceedings of a conference held in Wellington on June 12th this year. More >>

Dig out your old coins - three weeks to go

Tuesday, 10 October 2006, 10:51 am | Reserve Bank

With three weeks to go, the Reserve Bank and the Retailers Association are encouraging people to dig out their old 50, 20, 10 and 5 cent coins. More >>

Reserve Bank rejects salary reports

Friday, 6 October 2006, 8:47 am | Reserve Bank

The Reserve Bank today rejected as "rubbish" news reports claiming that Reserve Bank staff remuneration rose 15.4 percent on average per employee. More >>

Reserve Bank releases Annual Report

Wednesday, 4 October 2006, 3:56 pm | Reserve Bank

The Reserve Bank today released its 2005-2006 Annual Report. This covers the year to 30 June 2006, and includes the Board of Directors' Report on the Bank's performance. More >>

Latest Reserve Bank of NZ Discussion Papers

Thursday, 28 September 2006, 10:16 am | Reserve Bank

What do robust policies look like for open economy inflation targeters?Typical New Keynesian open economy models suggest a limited response to the exchange rate. This paper examines the role of the open economy in determining robust rules when the ... More >>

Decline in household savings rate a concern

Wednesday, 27 September 2006, 12:54 am | Reserve Bank

The Reserve Bank today released a paper entitled Household Savings and Wealth in New Zealand http://www.rbnz.govt.nz/speeches/2823190.pdf. The paper was prepared as background for a presentation by Reserve Bank Governor, Alan Bollard, to the New ... More >>

OCR unchanged at 7.25 percent

Thursday, 14 September 2006, 10:21 am | Reserve Bank

Reserve Bank Governor Alan Bollard said: "The New Zealand economy continues to show resilience. As reported in earlier statements, we have seen clear signs of easing activity and a rebalancing of demand from the domestic to the external sector since ... More >>

It's time to get digging

Monday, 11 September 2006, 11:04 am | Reserve Bank

It's been over a month since the introduction of smaller, lighter coins. The Reserve Bank expects over 300 million of the old coins to be returned. Results so far are encouraging, but with the old coins ceasing to be legal tender from 1 November, it's ... More >>

September 2006 Reserve Bank Bulletin released

Friday, 8 September 2006, 11:50 am | Reserve Bank

The Reserve Bank today released the September 2006 issue of the Reserve Bank of New Zealand Bulletin (www.rbnz.govt.nz/research/bulletin/). To mark the opening of the Reserve Bank museum, the first article in the Bulletin looks at the events leading ... More >>

Reserve Bank museum opens

Wednesday, 6 September 2006, 11:24 am | Reserve Bank

The Reserve Bank Museum will be officially opened tonight by Peter Hillary, on behalf of Sir Edmund Hillary, the only living New Zealander portrayed on New Zealand's bank notes. More >>

RBNZ MPS and OCR dates for 2007

Wednesday, 30 August 2006, 11:23 am | Reserve Bank

The following is the Reserve Bank's schedule for the release of its quarterly Monetary Policy Statements and Official Cash Rate announcements for 2007. Each Monetary Policy Statement includes within it an OCR announcement, so, as usual, in total there will ... More >>

St Kentigern College Wins Reserve Bank Challenge

Thursday, 24 August 2006, 5:34 pm | Reserve Bank

Seventy-two schools, spanning the length of New Zealand from Springbank School in Kerikeri to Invercargill's Southland Girls' High School, entered this year's Reserve Bank Monetary Policy Challenge (MPC). Then teams from 43 schools met the challenge ... More >>