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

The Reserve Bank of New Zealand - Latest News [Page 2]

Official Cash Rate Set To Remain Restrictive

Wednesday, 24 May 2023, 2:11 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee today voted to raise the Official Cash Rate (OCR) from 5.25% to 5.50%. The Committee agreed the level of interest rates are constraining spending and inflation pressure. The OCR will need to remain at a restrictive level ... More >>

Workers Switched Industries To Stay In Work And Earn More During COVID-19 - Analytical Note

Wednesday, 10 May 2023, 9:55 am | The Reserve Bank of New Zealand

The New Zealand labour market has been resilient and flexible during the COVID-19 pandemic, with workers switching industries to stay in work and earn more, according to an Analytical Note released today by the Reserve Bank of New Zealand – Te Pūtea ... More >>

Feedback Sought On Plans To Build Cyber Resilience

Monday, 8 May 2023, 2:08 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is seeking feedback on proposals for collecting financial entity related data to support cyber resilience. The ability of cyber attackers to undermine, disrupt, and disable information and communication ... More >>

Interest Rate Risk Management In The New Zealand Banking System

Monday, 1 May 2023, 10:10 am | The Reserve Bank of New Zealand

The recent high-profile collapse of Silicon Valley Bank in America has highlighted the importance of effectively managing interest rate risk, especially in a rising interest rate environment. Interest rate risk is caused by fluctuations in the value ... More >>

Reserve Bank Releases Debt-to-Income Framework

Monday, 3 April 2023, 2:30 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is releasing its finalised debt-to-income (DTI) restriction framework that sets the technical specifications that banks need to comply with if a DTI tool is activated. Publication of the framework does not ... More >>

RBNZ And Cash Industry Supporting Cash Services In Regions Affected By Cyclone Gabrielle

Saturday, 18 February 2023, 4:29 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has given an update on ATM (cash machine) and other cash services in regions affected by Cyclone Gabrielle. The Reserve Bank has been co-ordinating commercial banks, cash service and security companies, ... More >>

Liquidity Policy Review Seeks Feedback On Significant Policy Issues

Thursday, 9 February 2023, 9:40 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua is seeking feedback on the second stage of its liquidity policy review. Deputy Governor and General Manager of Financial Stability Christian Hawkesby says our liquidity policy is one of a number of measures ... More >>

Decision On Mortgage Bond Standards

Monday, 5 December 2022, 9:23 am | The Reserve Bank of New Zealand

The Reserve Bank has decided not to introduce new mortgage bond standards through Residential Mortgage Obligations (RMO). The Reserve Bank is today announcing the decision to not introduce a new mortgage bond standard in the form of Residential ... More >>

MPC Remit Review Second Public Consultation

Wednesday, 30 November 2022, 9:27 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has launched a second consultation as part of the five-yearly review of the Monetary Policy Committee’s (MPC) Remit that guides monetary policy decisions. The Remit sets out the operating guidelines ... More >>

RBNZ Releases Statement Of Intent And Statement Of Performance Expectations

Thursday, 20 October 2022, 2:27 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has released its Statement of Intent and Statement of Performance Expectations, outlining what it intends to do to support economic wellbeing and prosperity for all New Zealanders and how it will ... More >>

Proposals To Enhance Clarity Of Risk Weighting Requirements

Thursday, 29 September 2022, 10:27 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua is proposing changes to how banks should apply risk weightings to their exposures under bank capital adequacy rules. We are in the process of phasing in the Capital Review decisions from December 2019. ... More >>

Insurance Enforcement And Distress Management Framework Refined By Public Consultation

Monday, 5 September 2022, 10:51 am | The Reserve Bank of New Zealand

The Reserve Bank has reviewed feedback received on its Enforcement and Distress Management consultation for insurers which will help to ensure the final policy is proportionate to the risks faced. The Reserve Bank of New Zealand – Te Pūtea Matua ... More >>

Monetary Policy Tools And The RBNZ Balance Sheet

Thursday, 18 August 2022, 9:00 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua has today published a background paper that outlines why the Reserve Bank deployed the Large Scale Asset Purchases (LSAP) and Funding for Lending Programme (FLP) as part of its monetary policy response ... More >>

Monetary Policy Review

Tuesday, 26 July 2022, 3:50 pm | The Reserve Bank of New Zealand

A report released today, How Central Bank Mistakes after 2019 led to Inflation, has been received by the Reserve Bank of New Zealand – Te Pūtea Matua and will be considered as part of our public Monetary Policy Remit review process underway.  ... More >>

Reserve Bank Announces New Standing Repurchase Facility

Monday, 18 July 2022, 9:11 am | The Reserve Bank of New Zealand

The Reserve Bank today announced a facility to improve the anchoring of wholesale short-term interest rates at the Official Cash Rate (OCR). From 20 July 2022, the Reserve Bank will allow eligible counterparties to lend New Zealand dollars (NZD) ... More >>

Monetary Tightening Continues

Wednesday, 13 July 2022, 2:04 pm | The Reserve Bank of New Zealand

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.50 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and support maximum sustainable employment. ... More >>

Housing (Still) Matters – The Big Picture

Thursday, 30 June 2022, 11:43 am | The Reserve Bank of New Zealand

Housing matters because everyone needs somewhere to live – it is fundamental to our wellbeing, Reserve Bank of New Zealand – Te Pūtea Matua – Chief Economist Paul Conway says in a speech today to the National Property Conference 2022. Housing ... More >>

The Reserve Bank Of New Zealand Is Commencing Its Legislated Five-yearly Review Of Its Monetary Policy Remit

Wednesday, 1 June 2022, 10:14 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua – is commencing its legislated 5-yearly review of its monetary policy Remit. The Remit is provided by the Government and is used to guide the Monetary Policy Committee’s (MPC) decision making in its ... More >>

RBNZ Strengthening Enforcement Framework

Wednesday, 18 May 2022, 2:11 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand - Te Pūtea Matua has published its Enforcement Principles and Criteria Guidelines which are the foundation of our enhanced enforcement framework. “The principles and criteria are part of a broader initiative in which ... More >>

RBNZ Supports Proposals To Strengthen Climate-Related Disclosure

Tuesday, 10 May 2022, 9:57 am | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua continues to strongly support the External Reporting Board’s (XRB) plans to develop disclosure as a tool to understand and mitigate climate-related financial risks. The XRB is the independent Crown Entity ... 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.