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The Reserve Bank of New Zealand - Latest News [Page 5]

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 >>

RBNZ Supports Stakeholders Affected By Illegal Data Breach

Tuesday, 9 February 2021, 12:31 pm | The Reserve Bank of New Zealand

The Reserve Bank of New Zealand – Te Pūtea Matua is making solid progress in responding to a recent malicious data breach, and ensuring affected stakeholders are well supported. Governor Adrian Orr says the Bank has completed its assessment ... More >>

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 >>

   

 
 
 
 
 

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