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

Reserve Bank Responding To Illegal Breach Of Data System

Sunday, 10 January 2021, 2:23 pm | The Reserve Bank of New Zealand

  The Reserve Bank of New Zealand – Te Pūtea Matua is responding with urgency to a breach of one of its data systems. A third party file sharing service used by the Bank to share and store some sensitive information, has been illegally ... More >>

Reserve Bank Focused On Responding To Long-term Challenges And Opportunities

Tuesday, 15 December 2020, 12:02 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has acted swiftly and with confidence to tackle the economic challenges brought about by the COVID-19 pandemic, and is well placed to address longer term challenges and risks, the Bank states in its Briefing ... More >>

Reserve Bank Proposes Reinstating LVR Restrictions

Tuesday, 8 December 2020, 10:00 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand- Te Pūtea Matua is seeking views on its plan to reinstate loan-to-value ratio (LVR) restrictions on high-risk lending with effect from 1 March 2021. LVR restrictions are used to reduce the risks to financial stability ... More >>

Monetary Policy Challenges For A Small Open Economy During COVID-19

Wednesday, 2 December 2020, 8:13 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand in responding to the COVID-19 crisis was well served by its legislative mandate and operational independence, said Reserve Bank Governor Adrian Orr, when delivering the Sir Leslie Melville Lecture, organised by The Australian ... More >>

New Zealand's Financial System Supported By Health, Fiscal And Monetary Policy Responses

Wednesday, 25 November 2020, 9:29 am | The Reserve Bank of New Zealand

  Tēnā koutou katoa, welcome all. The Reserve Bank – Te Pūtea Matua has used its monetary policy and regulatory tools in unison to respond to the challenges of COVID-19 to achieve the best outcomes for the economy and financial stability. ... More >>

Reserve Bank Response To Letter From Minister Of Finance

Tuesday, 24 November 2020, 4:50 pm | The Reserve Bank of New Zealand

The Reserve Bank – Te Pūtea Matua has responded to the letter from Hon Grant Robertson, Minister of Finance, sent on 24 November 2020. A copy of the letter is available on our website. More information: Copy of letter from Governor Adrian Orr ... More >>

Reserve Bank Launches Consultation To Implement Capital Review Changes

Tuesday, 17 November 2020, 2:05 pm | The Reserve Bank of New Zealand

The Reserve Bank is launching a consultation on the details for implementing the final Capital Review decisions announced last December. In December 2019 the Reserve Bank made decisions to gradually raise bank capital requirements to make the banking ... More >>

Prolonged Monetary Support Necessary

Wednesday, 23 September 2020, 2:00 pm | The Reserve Bank of New Zealand

Tēnā koutou katoa, welcome all. The Monetary Policy Committee agreed to continue with the Large Scale Asset Purchase (LSAP) Programme up to $100 billion. This action is necessary to further lower household and business borrowing rates in order to ... More >>

Embracing Te Ao Māori At Te Pūtea Matua

Tuesday, 22 September 2020, 12:24 pm | The Reserve Bank of New Zealand

Te Ao Māori i Te Pūtea Matua Ko Mahuru Māori te wā hai whakanui, hai whakatairanga i Te Reo Māori me ngā tikanga Māori. He wā hoki hai whakaputa rauemi hai whakamahinga mā Aotearoa whānui mō te katoa o te tau. E pēnei ana te aronga a Te Pūtea Matua, ... More >>

Work On Insurance Act Review Resumes

Monday, 14 September 2020, 2:11 pm | The Reserve Bank of New Zealand

The Reserve Bank – Te Pūtea Matua will be relaunching the review of the Insurance (Prudential Supervision) Act (IPSA) in October. The review began with an industry consultation in 2017 and was set to resume in March this year, but was delayed in-line ... More >>

Has The Reserve Bank Responded Differently To Upturns & Downturns In Inflation & Economic Activity?

Wednesday, 9 September 2020, 10:35 am | The Reserve Bank of New Zealand

This analytical note examines whether the Reserve Bank has responded differently to upturns and downturns in inflation and economic activity. The paper finds that in normal times a small movement in inflation away from the 2 percent mid-point target ... More >>

RBNZ To Lead Asia-Pacific Central Banks Working Group

Friday, 21 August 2020, 9:19 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand has been appointed chair of an international central bank working group for the next two years. In its virtual meeting on Wednesday, the Executives’ Meeting of East Asia-Pacific Central Banks (EMEAP) announced that the ... More >>

Transparency And Disclosure Critical To COVID-19 Response

Monday, 3 August 2020, 2:20 pm | The Reserve Bank of New Zealand

Transparency and clear disclosure of actions and policies have been key to the COVID-19 response, Reserve Bank Head of Financial System Policy and Analysis Toby Fiennes said delivering a speech in Wellington today. Market discipline is one of the three ... More >>

Reserve Bank Welcomes New Funding Agreement

Friday, 26 June 2020, 4:44 pm | The Reserve Bank of New Zealand

The Minister of Finance has agreed with the Reserve Bank Governor a new five-year funding agreement which will ensure Te Pūtea Matua (the Reserve Bank of New Zealand) has adequate resources to meet its increasing responsibilities and the expectations ... More >>

Reserve Bank Approves Sale Of AMP Life

Tuesday, 23 June 2020, 9:53 am | The Reserve Bank of New Zealand

The Reserve Bank has approved the proposed sale of AMP Life to Resolution Life, in a revised arrangement that is subject to a number of conditions imposed to protect policyholders. The Reserve Bank has been reviewing the proposed transaction and consulting ... More >>

Reserve Bank Supports Global Call To Action On Remittances

Friday, 19 June 2020, 12:11 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand is supporting a worldwide multi-stakeholder appeal to keep and improve migrants’ access to remittance or money transfer services during the current economic crisis brought about by the COVID-19 pandemic. Led by the Governments ... More >>

Reserve Bank Releases Thematic Review Of Appointed Actuary Role

Thursday, 11 June 2020, 10:14 am | The Reserve Bank of New Zealand

The Reserve Bank has released a number of recommendations in a comprehensive review of the Appointed Actuary role. Appointed Actuaries have a critical legislated role in the insurance industry to measure and report on material risks that can threaten ... More >>

Reserve Bank Removes LVR Restrictions For 12 Months

Thursday, 30 April 2020, 4:49 pm | The Reserve Bank of New Zealand

The Reserve Bank has today decided to remove mortgage loan-to-value ratio (LVR) restrictions for 12 months. The decision was made to ensure LVR restrictions didn’t have an undue impact on borrowers or lenders as part of the mortgage deferral scheme ... More >>

Expanded Large Scale Asset Purchases

Tuesday, 7 April 2020, 3:37 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand has added $3 billion of Local Government Funding Agency (LGFA) debt to its Large Scale Asset Purchase programme (LSAP). This represents approximately 30 percent of the total LGFA debt on issue, and takes the total size ... More >>

Mahi Tahi: Working Together To Ensure Cash-flow And Confidence

Monday, 30 March 2020, 2:44 pm | The Reserve Bank of New Zealand

Te Pūtea Matua – the Reserve Bank of New Zealand - is working closely with the whole of government and industry to ensure financial stability. “In these difficult times we are working to ensure New Zealanders are confident in their financial system, ... More >>

 

 
 
 
 
 

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