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

The Reserve Bank of New Zealand - Latest News [Page 1]

Reserve Bank Activates Debt-to-Income Restrictions

Tuesday, 28 May 2024, 11:36 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua has confirmed the activation of Debt-to-Income (DTI) restrictions and loosening of Loan-to-Value Ratio (LVR) restrictions at the settings that we consulted on earlier this year. More >>

Finance And Expenditure Committee Meeting On Cash Use, Digital Cash And Community Cash Trials

Tuesday, 28 May 2024, 9:23 am | The Reserve Bank of New Zealand

Reserve Bank of New Zealand Director of Money and Cash Ian Woolford and Manager of Money and Cash Policy Robbie Taylor are due to appear before Parliament's Finance and Expenditure Committee on Wednesday, 29 May 2024 from 9:45am to 10:45am. They ... More >>

OCR 5.50% - Official Cash Rate To Remain Restrictive

Wednesday, 22 May 2024, 2:36 pm | The Reserve Bank of New Zealand

Restrictive monetary policy has reduced capacity pressures in the New Zealand economy and lowered consumer price inflation. Annual consumer price inflation is expected to return to within the Committee’s 1 to 3 percent target range by the end of 2024. More >>

Deposit Takers Standards Open For Consultation

Thursday, 16 May 2024, 2:24 pm | The Reserve Bank of New Zealand

The Reserve Bank is consulting on policy proposals for new core prudential standards to be made under the Deposit Takers Act 2023 (DTA). More >>

Rural Towns Invited To Apply For Cash Service Trials As Challenges For Cash Users Grow

Friday, 3 May 2024, 2:16 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is opening applications for towns wanting to trial either local cash depots with automated cash banking facilities that work with all banks, or a security van service. More >>

Financial System Robust To High Interest Rate Environment

Wednesday, 1 May 2024, 9:44 am | The Reserve Bank of New Zealand

New Zealand’s financial system remains strong as it continues to adjust to the higher interest rate environment, Deputy Governor Christian Hawkesby says in releasing the May 2024 Financial Stability Report. More >>

Dwelling Insurance Pricing Becoming More Risk-based

Monday, 29 April 2024, 10:10 am | The Reserve Bank of New Zealand

Insurance makes an important contribution to New Zealanders’ financial and economic wellbeing, by spreading the cost of adverse events across time and policyholders, Reserve Bank Director of Financial Stability Assessment & Strategy Kerry Watt says. More >>

RBNZ Releases Submission On Draft Commerce Commission Market Study

Tuesday, 23 April 2024, 8:38 am | The Reserve Bank of New Zealand

The draft report provides a useful analysis of the current market structure and makes some valuable recommendations to improve how competition could work better for consumers. More >>

Climate Stress Test Assesses Resilience Of Major NZ Banks

Monday, 22 April 2024, 12:33 pm | The Reserve Bank of New Zealand

Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the results of the Reserve Bank of New Zealand’s (RBNZ) 2023 Climate Stress Test has found. More >>

Finding Neutral: Estimates Of New Zealand’s Nominal Neutral Interest Rate

Monday, 15 April 2024, 12:00 pm | The Reserve Bank of New Zealand

Due to New Zealanders’ high inflation expectations, the Official Cash Rate (OCR) would currently need to be about 3.9 percent to neither tap the brakes nor push on the accelerator of the economy, the Reserve Bank’s new Bulletin article shows. More >>

OCR 5.50% - Official Cash Rate Remains Unchanged

Wednesday, 10 April 2024, 2:12 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent. More >>

RBNZ Welcomes Progress On Whenua Māori Lending

Tuesday, 2 April 2024, 2:44 pm | The Reserve Bank of New Zealand

The Māori Land Court recently released a practice note in regard to lending on Māori freehold land - whenua Māori. The note provides guidance to assist landowners, lawyers and the banking sector with lending against Māori freehold land. As we noted ... More >>

Two New Monetary Policy Committee Members Appointed

Thursday, 28 March 2024, 4:09 pm | The Reserve Bank of New Zealand

Two new members of the Reserve Bank of New Zealand’s (RBNZ) Monetary Policy Committee (MPC), Carl Hansen and Professor Prasanna Gai have been appointed by the Minister of Finance, Nicola Willis, on the recommendation of the RBNZ’s Board. The 7-member ... More >>

ESAS Access Review - March 2024 Update

Wednesday, 6 March 2024, 10:41 am | The Reserve Bank of New Zealand

Banks, other major institutions, and the Reserve Bank - Te Pūtea Matua use the Exchange Settlement Account System (ESAS) to settle transactions between us. We are part-way through a review of access eligibility criteria to use ESAS. This is an ... More >>

The Use Of Credit Risk Weights For Climate-related Purposes – Bulletin Article

Tuesday, 5 March 2024, 10:40 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has published a Bulletin article discussing the use of credit risk weights for climate-related purposes. Te Pūtea Matua is responsible for maintaining a stable financial system to promote the prosperity ... More >>

New Measures To Build Cyber Resilience

Monday, 4 March 2024, 11:08 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has published consultation feedback and decisions on collecting data to support cyber resilience. Cyber risks – both malicious and non-malicious – can impact financial stability, and managing them ... More >>

OCR 5.50% - Monetary Policy Remains Restrictive

Wednesday, 28 February 2024, 1:47 pm | The Reserve Bank of New Zealand

Over the past year or so, the New Zealand economy has evolved broadly as anticipated by the Committee. Core inflation and most measures of inflation expectations have declined, and the risks to the inflation outlook have become more balanced. However, ... More >>

Changes To RBNZ Executive Leadership Team

Thursday, 22 February 2024, 9:56 am | The Reserve Bank of New Zealand

Assistant Governor/General Manager Transformation, Innovation, People and Culture Juliet Tainui-Hernandez has resigned to focus on her governance career. She will be leaving RBNZ at the end of April 2024. Governor Adrian Orr said: “Juliet has ... More >>

The Importance Of Quality Research And Data - A Speech By Chief Economist Paul Conway

Tuesday, 30 January 2024, 9:15 am | The Reserve Bank of New Zealand

The New Zealand and global economies have suffered a series of shocks that have changed the economic landscape in the past few years. In some respects, the economy is now significantly different from how it was before the COVID-19 pandemic, Reserve ... More >>

RBNZ Bulletin - In Retrospect: RBNZ’s Support Of Financial Market Functioning At The Onset Of COVID-19

Thursday, 25 January 2024, 10:33 am | The Reserve Bank of New Zealand

This Bulletin discusses the drivers of dysfunction in key NZ dollar financial markets in 2020, and our actions to support financial market functioning during this time. Read the Bulletin The onset of the COVID-19 pandemic triggered a rapid deterioration ... 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.