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

Robust Balance Sheets Yield Faster Economic Recovery

Thursday, 14 October 2021, 1:30 pm | The Reserve Bank of New Zealand

Stronger balance sheets for households, businesses, financial institutions and the government going into the pandemic contributed towards maintaining a sound financial system and yielding a faster economic recovery than following previous deep recessions, ... More >>

Monetary Policy Announcement And Financial Stability Report Dates For 2022/23

Monday, 12 July 2021, 9:09 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua today announced the 2022 and early 2023 dates for releasing its quarterly Monetary Policy Statement (MPS), Monetary Policy Review (MPR) decisions and the six-monthly Financial Stability Report. The ... More >>

Relationship Charter 2021 Survey Results

Thursday, 8 July 2021, 12:00 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua launched the Relationship Charter in 2018 as a step towards achieving its aspiration to build the best possible ‘regulated-regulated’ relationships. The Charter commits the Reserve Bank and the financial sector to a ... More >>

A Strategic View Of Te Pūtea Matua’s Balance Sheet

Wednesday, 2 June 2021, 10:46 am | The Reserve Bank of New Zealand

Efforts to help reduce interest rates and restore confidence in financial markets have seen Te Pūtea Matua’s balance sheet almost triple in size, Reserve Bank Head of Financial Markets Vanessa Rayner says. In a speech published today, Ms Rayner ... More >>

Reserve Bank Taking Action To Respond To Data Breach Reports

Monday, 31 May 2021, 2:03 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua – has released the findings of independent reports on an illegal data breach and its handling of sensitive information. “The Bank accepts the findings and has, and will continue to, implement the recommendations,” ... More >>

Reserve Bank Files High Court Action Against TSB Bank

Thursday, 27 May 2021, 12:53 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua has today filed a statement of claim in the High Court against TSB Bank Limited for acknowledged breaches of the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act 2009. The ... More >>

Monetary Support Continued

Wednesday, 26 May 2021, 1:55 pm | The Reserve Bank of New Zealand

Tēnā koutou katoa, The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment objectives. The Committee will keep the Official Cash Rate (OCR) at ... More >>

New Law Reforms The Regulation Of Financial Market Infrastructures (FMIs)

Thursday, 6 May 2021, 2:37 pm | The Reserve Bank of New Zealand

New laws to regulate and supervise payment and settlement systems have been passed by Parliament following the third reading of the Financial Market Infrastructures Bill (the Bill) yesterday. FMIs are critical systems that support day-to-day payments ... More >>

Why The Reserve Bank Is Concerned About New Zealand's Rising House Prices

Thursday, 6 May 2021, 12:09 pm | The Reserve Bank of New Zealand

New Zealand house prices have risen significantly in the past 12 months. This has raised concerns at the Reserve Bank of New Zealand – Te Putea Matua about the risk this poses to financial stability. Central banks responded swiftly to the global ... More >>

The Future Is Māori

Thursday, 6 May 2021, 9:45 am | The Reserve Bank of New Zealand

With Māori values becoming an increasingly integral part of Aotearoa New Zealand’s society, the future of our economy is Māori, and it is bright, Reserve Bank Assistant Governor Christian Hawkesby says. Mr Hawkesby was speaking on a panel at the Institute ... More >>

Financial System Sound, But Vulnerabilities Remain

Wednesday, 5 May 2021, 8:56 am | The Reserve Bank of New Zealand

While New Zealand has so far come through the COVID-19 pandemic better than initially feared, vulnerabilities in the financial system remain, Reserve Bank Governor Adrian Orr says in releasing the May Financial Stability Report . “Successful public health ... More >>

Reserve Bank Publishes Cyber Resilience Guidance

Wednesday, 28 April 2021, 9:59 am | The Reserve Bank of New Zealand

The Reserve Bank – Te Pūtea Matua has finalised its guidance on what regulated entities should consider when building their cyber resilience. The guidance outlines the Reserve Bank’s expectations around cyber resilience, and draws heavily from ... More >>

Keeping The Bank Door Open For Pacific Peoples

Tuesday, 27 April 2021, 1:11 pm | The Reserve Bank of New Zealand

By Adrian Orr Now is the time for New Zealand banks to act with courage to keep providing banking services, including money remittances, to the Pacific Islands open. The scale and complexity of the challenges facing Pacific Island countries are significant, ... More >>

New Deposit Takers Act A Step Closer

Thursday, 22 April 2021, 10:21 am | The Reserve Bank of New Zealand

A Cabinet decision to adopt the final measures resulting from the Reserve Bank Act Review will see drafting commence for new legislation to be known as the Deposit Takers Act. The measures announced by Minister of Finance Hon Grant Robertson will ... More >>

Reserve Bank Retains Some Dividend Restrictions And Expects Banks To Be Prudent

Wednesday, 31 March 2021, 9:35 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua - is easing the dividend restrictions placed on retail banks at the height of the COVID-19 pandemic. The changes will allow banks to pay up to a maximum of 50% of their earnings as dividends to their shareholders. ... More >>

Reserve Bank Responds To Call For Climate Change Consultation

Monday, 29 March 2021, 11:00 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has submitted a response to the Climate Change Commission’s Climate Action for Aotearoa consultation . This is the Commission’s first draft advice report to the Government on the steps New ... More >>

Minding Our Business: Drivers Of New Zealand Business Investment Over The Last 20 Years

Wednesday, 10 March 2021, 3:11 pm | The Reserve Bank of New Zealand

This Analytical Note aims to understand the drivers of business investment in New Zealand over the past 20 years. Business investment is important because it is a significant component of New Zealand’s economy and a key determinant of our economy’s ... More >>

RBNZ Governor Outlines Housing Direction

Friday, 26 February 2021, 1:16 pm | The Reserve Bank of New Zealand

In remarks for a Monetary Policy Statement presentation to the Canterbury Employers’ Chamber of Commerce today, Reserve Bank Governor Adrian Orr has elaborated on the direction received from the Minister of Finance, to have regard to house price sustainability ... More >>

RBNZ Supports Focus On Housing

Thursday, 25 February 2021, 9:57 am | The Reserve Bank of New Zealand

The Reserve Bank – Te Pūtea Matua welcomes the direction it has received today from the Minister of Finance. The Bank is tasked with considering how it can contribute to the Government’s housing policy objectives, consistent with its financial stability ... More >>

Prolonged Monetary Stimulus Necessary

Wednesday, 24 February 2021, 2:07 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee agreed to maintain the current stimulatory level of monetary settings in order to meet its consumer price inflation and employment remit. The Committee will keep the Official Cash Rate (OCR) at 0.25 percent, and the Large ... More >>

 

 
 
 
 
 

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