The Reserve Bank of New Zealand - Latest News [Page 3]
Navigating The Storm: Lessons From Monetary And Fiscal Policy During COVID-19
Wednesday, 15 October 2025, 12:16 pm | The Reserve Bank of New Zealand
“COVID-19 gave us a crash course on how monetary and fiscal policy can interact in times of extreme economic turbulence. It’s important that we learn from that and carry these lessons forward to be ready for the next major shock." More >>
Monetary Policy And Financial Stability Report Dates August 2026 To February 2027
Wednesday, 15 October 2025, 10:24 am | The Reserve Bank of New Zealand
Chief Economist Paul Conway says the Reserve Bank’s primary consideration when scheduling monetary policy decisions is data availability, to enable decisions to be made with as much information as possible. More >>
Reserve Bank To Ease LVR Restrictions
Tuesday, 14 October 2025, 12:23 pm | The Reserve Bank of New Zealand
DTI restrictions help to underpin borrower resilience by acting as a guardrail for risky lending. They can help contain the severity and consequences of housing market corrections. More >>
RBNZ Publishes Competition Assessment Guidelines For Prudential Policy Development
Friday, 10 October 2025, 10:16 am | The Reserve Bank of New Zealand
Director Prudential Policy Jess Rowe says the guidelines are designed to support policy teams in identifying and assessing competition impacts early in the policy development process. More >>
Recruitment For External Members Of The Financial Policy Committee Is Now Underway
Thursday, 9 October 2025, 11:27 am | The Reserve Bank of New Zealand
The FPC will be a new committee of the Board of the RBNZ and will be given authority to make key policy decisions relating to financial stability. More >>
OCR Reduced To 2.5%
Wednesday, 8 October 2025, 2:25 pm | The Reserve Bank of New Zealand
On balance, the Committee reached consensus to reduce the OCR by 50 basis points to 2.5 pc. The Committee remains open to further reductions in the OCR as required for inflation to settle sustainably near the 2 pc target mid-point in the medium ... More >>
Reserve Bank Establishes New Financial Policy Committee
Tuesday, 7 October 2025, 11:05 am | The Reserve Bank of New Zealand
The FPC will consist of the RBNZ Board Chair, the Governor, three other RBNZ Board members, and up to two members who are not RBNZ Board members or employees of the RBNZ. More >>
RBNZ Releases Annual Report 2025
Monday, 6 October 2025, 12:45 pm | The Reserve Bank of New Zealand
The Annual Report shows its capability-building and has been designed to report against the Statement of Intent for 2024-28. More >>
RBNZ Opens Consultation On Use Of The Term ‘Bank’
Tuesday, 30 September 2025, 10:31 am | The Reserve Bank of New Zealand
The consultation paper proposes expanding the use of the word ‘bank’ to all deposit takers that become licensed under the DTA. More >>
Strong Progress Made On Post-COVID-19 Recommendations For Monetary Policy
Monday, 29 September 2025, 10:27 am | The Reserve Bank of New Zealand
Chief Economist Paul Conway says the work published today reflects strong progress in responding to the 2022 review and strengthening our monetary policy framework. More >>
RBNZ Board Welcomes New Governor And Extension Of Current Governor’s Term
Wednesday, 24 September 2025, 1:17 pm | The Reserve Bank of New Zealand
The Minister of Finance announced Dr Anna Breman as Governor of the Reserve Bank of New Zealand for a five-year term from 1 December 2025. More >>
RBNZ Opens Final Phase Of Exchange Settlement Account System Applications
Tuesday, 23 September 2025, 1:34 pm | The Reserve Bank of New Zealand
The ESAS application process has remained open to registered banks throughout the access review. Licensed non-bank deposit takers (NBDTs) in New Zealand have been able to apply since April 2025. Now, all other interested entities can apply. More >>
New Monetary Policy Committee Member Appointed
Thursday, 18 September 2025, 2:35 pm | The Reserve Bank of New Zealand
Agribusiness executive Hayley Gourley starts a four-year term on 1 October, replacing Professor Bob Buckle who retires from the MPC at the end of September 2025. Hayley Gourley will take part in the October Monetary Policy Review. More >>
Consultation On The Liquidity Management Review Opens
Wednesday, 10 September 2025, 10:42 am | The Reserve Bank of New Zealand
This consultation builds upon previous work, including speeches and Bulletins given as part of the Liquidity Management Review. Respondents to the consultation may choose to comment on one or both parts of the consultation and whichever questions are relevant ... More >>
Estimating New Zealand's Neutral Rate And Its Drivers: A VECM Approach
Wednesday, 3 September 2025, 5:52 pm | The Reserve Bank of New Zealand
This note estimates the neutral rate for New Zealand using a Vector Error Correction Model (VECM). More >>
Reserve Bank Renews Currency Swap Facility With People's Bank Of China
Thursday, 28 August 2025, 2:22 pm | The Reserve Bank of New Zealand
The aim of the swap line is to help promote bilateral trade and economic development between the two countries while also supporting financial stability. More >>
RBNZ Invites Feedback On Review Of Capital Requirements For Deposit Takers
Monday, 25 August 2025, 10:18 am | The Reserve Bank of New Zealand
The consultation paper sets out two options for overall capital ratios, both materially reducing requirements compared with 2019 decisions. More >>
Changes To Wholesale Interest Rates (B2) Release
Friday, 22 August 2025, 11:06 am | The Reserve Bank of New Zealand
We have implemented a new data source from the NZ Financial Markets Association for these series. Going forward, the above series will be closing (end of day) rates, rather than mid-day rates, and will be published with a one-day lag. More >>
OCR Lowered To 3%
Wednesday, 20 August 2025, 2:16 pm | The Reserve Bank of New Zealand
New Zealand’s economic recovery stalled in the second quarter of this year. Spending by households and businesses has been constrained by global economic policy uncertainty, falling employment, higher prices for some essentials, and declining house prices. More >>
Strong Relationships Highlighted In RBNZ Relationship Charter Survey
Thursday, 7 August 2025, 10:13 am | The Reserve Bank of New Zealand
The relationship charter sets out principles for maintaining the best regulator-regulated relationships possible and commits Te Pūtea Matua and the financial sector to a mutual understanding of how both parties will work together to achieve this. More >>
