RBNZ
NZ Initiative complains about RBNZ Governor Adrian Orr’s ‘colourful’ letter to retail banks after think-tank's criticism
31st May 24, 6:12pm
28
NZ Initiative complains about RBNZ Governor Adrian Orr’s ‘colourful’ letter to retail banks after think-tank's criticism
Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
31st May 24, 6:36am
168
Nicola Willis delivered on most of her promises but faces extremely tight budgets for years to come
Finance Minister Nicola Willis delivers on her income tax promise
The Budget should reveal tax cut details and a spending plan showing a surplus in 2028
30th May 24, 6:36am
73
The Budget should reveal tax cut details and a spending plan showing a surplus in 2028
The Reserve Bank could have a fairly lengthy selling job to build public understanding of and trust in its proposed central bank digital currency
30th May 24, 5:00am
17
The Reserve Bank could have a fairly lengthy selling job to build public understanding of and trust in its proposed central bank digital currency
Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
29th May 24, 5:00am
109
Finance Minister Nicola Willis will use Budget 2024 to rein in government spending after the pandemic-era boost
Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
28th May 24, 4:07pm
22
Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
28th May 24, 11:14am
Co-operative Bank CEO Mark Wilkshire eyes new core banking system, sees 2 key areas of open banking opportunity, 'moves quickly' to address RBNZ AML concerns
Reserve Bank says banks will have to comply with the new DTI rules from July 1, while loan to value ratio restriction easing will also be applied from the same date
28th May 24, 10:58am
131
Reserve Bank says banks will have to comply with the new DTI rules from July 1, while loan to value ratio restriction easing will also be applied from the same date
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
27th May 24, 4:09pm
2
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
Roger J Kerr is pleased the sticky inflation problem is getting acknowledged by the RBNZ. And he reviews where the US Fed is at in its assessments of inflation-control progress
27th May 24, 9:11am
8
Roger J Kerr is pleased the sticky inflation problem is getting acknowledged by the RBNZ. And he reviews where the US Fed is at in its assessments of inflation-control progress
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
26th May 24, 6:00am
73
Headline inflation should still hit the target band this year as the RBNZ has brought balance back to most parts of the economy, chief economist Paul Conway says
Deposit insurance expert Geof Mortlock details concerns about New Zealand's incoming depositor compensation scheme
24th May 24, 10:01am
12
Deposit insurance expert Geof Mortlock details concerns about New Zealand's incoming depositor compensation scheme
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
23rd May 24, 1:23pm
22
RBNZ Governor Adrian Orr says technology is the answer to banking competition and not capital requirements
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
23rd May 24, 11:16am
83
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
MBIE makes the case for the Financial Markets Authority gaining the right to make on-site inspections of regulated firms without notice
23rd May 24, 9:22am
MBIE makes the case for the Financial Markets Authority gaining the right to make on-site inspections of regulated firms without notice
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
23rd May 24, 6:00am
73
Reserve Bank considered lifting interest rates to offset a decline in productivity which is making inflation worse
Live-streamed video from the May 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
22nd May 24, 2:55pm
Live-streamed video from the May 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
[updated]
RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year
22nd May 24, 2:20pm
280
RBNZ leaves Official Cash Rate at 5.5%, but says domestic inflation is slow to fall and now puts a 60% chance of a further OCR hike by the end of this year; now doesn't see inflation getting back under 3% till the fourth quarter of the year
The latest quarterly Household Expectations Survey for the Reserve Bank finds households still expect inflation to be above the RBNZ's 1% to 3% target in two years' time
20th May 24, 3:40pm
6
The latest quarterly Household Expectations Survey for the Reserve Bank finds households still expect inflation to be above the RBNZ's 1% to 3% target in two years' time
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
19th May 24, 6:01am
106
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
Latest quarterly Reserve Bank figures show ahead of the imminent introduction of debt to income restrictions (DTIs) the numbers of new loans on high DTIs are well below the proposed limits
16th May 24, 2:38pm
46
Latest quarterly Reserve Bank figures show ahead of the imminent introduction of debt to income restrictions (DTIs) the numbers of new loans on high DTIs are well below the proposed limits
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
13th May 24, 3:41pm
21
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
[updated]
Treasury says depositor compensation scheme fund to build up over 20 years, covering 0.8% of protected deposits
9th May 24, 10:00am
5
Treasury says depositor compensation scheme fund to build up over 20 years, covering 0.8% of protected deposits
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year
8th May 24, 7:50am
77
The full force of monetary policy has yet to be felt in the New Zealand economy and will arrive alongside a pull-back in public spending later this year