The Reserve Bank of New Zealand - Latest News [Page 4]
OCR: 3.25% - OCR Unchanged
Wednesday, 9 July 2025, 2:15 pm | The Reserve Bank of New Zealand
The economic outlook remains highly uncertain. Further data on the speed of New Zealand’s economic recovery, the persistence of inflation, and the impacts of tariffs will influence the future path of the Official Cash Rate. More >>
RBNZ Releases Statement Of Performance Expectations (SPE)
Wednesday, 2 July 2025, 12:02 pm | The Reserve Bank of New Zealand
The performance measures are grouped into four output classes that tie back to its legislated objectives and functions. More >>
Appointments To Reserve Bank Board
Tuesday, 1 July 2025, 4:08 pm | The Reserve Bank of New Zealand
Grant Spencer will serve for a five-year term, from 1 July 2025 to 30 June 2030. Mr Pepper will serve for a five-year term from 1 July 2025 to 30 June 2030. More >>
Depositor Compensation Scheme Now In Effect
Tuesday, 1 July 2025, 10:21 am | The Reserve Bank of New Zealand
Licensed deposit takers include banks, credit unions, building societies and finance companies who take retail deposits in New Zealand and are supervised by the Reserve Bank of New Zealand. More >>
Snapshot Highlights Banks' Efforts To Reduce Unnecessary Barriers For Māori
Thursday, 26 June 2025, 10:39 am | The Reserve Bank of New Zealand
Findings from the snapshot show that participating banks who volunteered to collaborate on this project, have introduced Māori-focused roles and strategies, supported by organisation-wide training to strengthen understanding of te reo, tikanga, and the ... More >>
Monetary Policy Affects Some Parts Of The Economy Differently: RBNZ Analytical Note
Monday, 16 June 2025, 10:37 am | The Reserve Bank of New Zealand
Reserve Bank of New Zealand – Te Pūtea Matua research found that sectors that make or trade goods, as well as housing and real estate related sectors are among the most sensitive to changes in the Official Cash Rate. More >>
Statement from RBNZ chair Neil Quigley about OIAs on Adrian Orr's resignation
Thursday, 12 June 2025, 1:21 pm | The Reserve Bank of New Zealand
“We are taking into account the feedback that we have received on our management of these OIA requests and looking carefully at how we can improve our response times in the future," Mr Quigley said. More >>
10 Cent Coin With King Charles III Image Now In Production
Thursday, 29 May 2025, 3:37 pm | The Reserve Bank of New Zealand
“Updating our currency with the new sovereign takes several years because we always hold sufficient stock to deal with demand spikes or supply issues. We make enough coins and banknotes just in case - not just in time,” says Ian Woolford, Director ... More >>
OCR Lowered To 3.25%
Wednesday, 28 May 2025, 2:21 pm | The Reserve Bank of New Zealand
Headline inflation within New Zealand’s trading partner economies has fallen over the past year. Projections for inflation for most of our trading partners have been revised down in recent quarters. The main exception is the US, where higher tariffs ... More >>
Depositor Compensation Scheme Transitional Provisions Standard Published
Wednesday, 21 May 2025, 2:05 pm | The Reserve Bank of New Zealand
The DCS depositor page will be used to collect customers’ alternate bank account details so that DCS payments can be made into an active bank account at another deposit taker. More >>
Examining Māori Access To Capital - Market Failures
Wednesday, 14 May 2025, 2:57 pm | The Reserve Bank of New Zealand
The Bulletin highlights barriers specific to Māori, including legislative constraints that make it challenging to use Māori land as loan collateral and low trust and awareness between Māori and banks. More >>
Risks To The Financial System Have Increased
Wednesday, 7 May 2025, 9:30 am | The Reserve Bank of New Zealand
“Financial stability is critical for ensuring that New Zealanders can safely save, borrow, and manage financial risk,” Mr Hawkesby says. “While the global economic environment has become more volatile, our financial institutions are in a strong ... More >>
2024 General Insurance Stress Test Results Published Today
Tuesday, 6 May 2025, 10:22 am | The Reserve Bank of New Zealand
Capital injections from their parent companies and ongoing availability of reinsurance were identified as critical to enabling insurers to continue to offer cover following such an event. More >>
Rise Of The Machines: How Could Artificial Intelligence Impact Financial Stability?
Monday, 5 May 2025, 1:29 pm | The Reserve Bank of New Zealand
As AI tools and models become increasingly sophisticated and widely integrated across the financial services sector, they offer significant potential benefits. More >>
Reserve Bank Publishes Response To Deposit Taker Core Standards Consultation
Thursday, 1 May 2025, 1:39 pm | The Reserve Bank of New Zealand
Jess Rowe, Director Prudential Policy, says the response covers liquidity, disclosure, and Depositor Compensation Scheme (DCS) related requirements. More >>
RBNZ Research Investigates Why The ‘Natural Interest Rate’ Has Fallen In New Zealand Over Recent Decades
Thursday, 1 May 2025, 10:38 am | The Reserve Bank of New Zealand
The decline in the natural interest rate among advanced economies has been widely studied. New research from the RBNZ explores the factors that have contributed to this decline in New Zealand over time. More >>
CoFR Seeking Feedback On Access To Basic Transaction Accounts
Wednesday, 23 April 2025, 10:29 am | The Reserve Bank of New Zealand
“Having a transaction account means people can safely receive, store, spend and save money. Transaction accounts are a vital foundation for people to take part in the modern economy,” says Governor of the Reserve Bank of New Zealand, Christian ... More >>
The Reserve Bank Of New Zealand’s Five Year Funding Agreement Published
Wednesday, 16 April 2025, 12:02 pm | The Reserve Bank of New Zealand
The FYFA has been set at $750m, with some elements of RBNZ’s spending excluded from the agreement.Board Chair Neil Quigley says: “Our new FYFA presents an opportunity for RBNZ to shape ourselves for the future. More >>
Recruitment Of New External Member To The Monetary Policy Committee
Wednesday, 9 April 2025, 4:43 pm | The Reserve Bank of New Zealand
Board Chair Neil Quigley said that “suitably qualified candidates will be interviewed later this year and assessed against the appointment criteria, then the name of the candidate recommended by the Board will be provided to the Minister of Finance.” More >>
OCR: 3.5% - Further Reduction In OCR Appropriate
Wednesday, 9 April 2025, 2:37 pm | The Reserve Bank of New Zealand
The recently announced increases in global trade barriers weaken the outlook for global economic activity. On balance, these developments create downside risks to the outlook for economic activity and inflation in New Zealand. More >>
