Reserve Bank of New Zealand
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The Reserve Bank of New Zealand is New Zealand's central bank. Its overall purpose is to maintain the stability and efficiency of the financial system. It does so in five ways: Operating monetary policy so as to achieve and maintain price stability. Assisting the functioning of a sound and efficient financial system. Meeting the currency needs of the public. Overseeing and operating efficient payment systems. Providing effective support services to the Bank. The Bank's vision and values support this role.
The decline in the manufacturing sector is much more than a simple exchange rate story, the Governor of the Reserve Bank said today.
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Improving New Zealand’s productivity and competitiveness is critical to our economic prosperity, the Governor of the Reserve Bank said today.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank today released the December 2012 edition of the Reserve Bank Bulletin.
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The Reserve Bank of New Zealand today announced that Heartland Building Society has been registered as a bank in New Zealand.
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The Reserve Bank has noted yesterday’s sentencing of Avanti Finance Limited in relation to a breach of the Reserve Bank of New Zealand Act 1989.
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The Reserve Bank today released the final capital adequacy standards, which apply to locally incorporated registered banks in New Zealand and implement the Basel III capital requirements.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank has launched an official Twitter channel, @ReserveBankofNZ, to complement its existing public information services.
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Reserve Bank Governor Graeme Wheeler today commented on bank profitability data that was released recently to the Green Party.
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New Zealand’s financial system has strengthened, despite a challenging international environment, Reserve Bank Governor Graeme Wheeler said today, when releasing the Bank’s November 2012 Financial Stability Report.
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The Reserve Bank has today released a Regulatory Impact Assessment of pre-positioning for the Open Bank Resolution (OBR) policy.
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Pursuing price stability and financial system stability is the best way that the Reserve Bank can bolster New Zealand’s long-term economic growth, Reserve Bank Governor Graeme Wheeler said today.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank today released the September 2012 edition of the Reserve Bank Bulletin.
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The Reserve Bank’s latest Annual Report demonstrates progress on several fronts to enhance New Zealand’s resilience against global financial and economic uncertainty.
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Finance Minister Bill English and incoming Reserve Bank Governor Graeme Wheeler today signed a new Policy Targets Agreement, which sets out specific targets for maintaining price stability.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “New Zealand’s economic outlook remains broadly consistent with that described in the June Monetary Policy Statement. “New Zealand’s trading partner outlook remains weak.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank today confirmed that it will be implementing the core elements of new capital adequacy requirements for banks, in a further step towards implementing new rules under the Basel III regime.
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The global financial crisis has shown that risk management is critical both to the success of institutions and to their value to society, Don Abel, Reserve Bank Assistant Governor and Head of Operations, told the Oceania Computer Audit, Control and Security Conference today.
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The Reserve Bank of New Zealand and the Financial Markets Authority (FMA) today announced that the NZClear Settlement System has been declared a designated settlement system under Part 5C of the Reserve Bank of New Zealand Act.
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The Reserve Bank has today released a podcast explaining compound interest and how it affects savings.
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The Reserve Bank today released a new edition of its popular guide to managing the risks involved in saving and investing.
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The Reserve Bank has appointed Mark Perry as Head of Financial Markets, effective 10 September 2012.
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The Reserve Bank has announced today that Rangitoto College from Auckland is the national winner of the Reserve Bank 2012 Monetary Policy Challenge (MPC).
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Following is the Reserve Bank’s schedule for the release of its quarterly Monetary Policy Statements, the intervening Official Cash Rate (OCR) reviews, and the six-monthly Financial Stability Reports.
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New Zealand and Australia continue to learn valuable lessons from the global financial crisis, despite escaping the turmoil relatively lightly, Reserve Bank Governor Alan Bollard said today.
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New Zealand may be dealing with the aftermath of the large increase in private debt for quite some time, Reserve Bank Governor Alan Bollard said today.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank has welcomed today's announcement by the New Zealand Financial Markets Association (NZFMA) that it has taken on the role of managing New Zealand's standardised over-the-counter derivatives documentation.
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The Reserve Bank today released the June 2012 edition of the Reserve Bank Bulletin.
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The Reserve Bank’s commitment to monetary and financial stability in a complex and shifting global environment is underlined in the Bank’s Statement of Intent (SOI) for 2012-2015.
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Reserve Bank Chairman Arthur Grimes today congratulated Graeme Wheeler on his appointment as Reserve Bank of New Zealand Governor.
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Finance Minister Bill English today announced his intention to appoint Graeme Wheeler governor and chief executive of the Reserve Bank of New Zealand, after Alan Bollard’s second five-year term expires on 25 September 2012.
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For more than 20 years, including during vastly different economic conditions, monetary policy in New Zealand has been doing what it was supposed to do - keeping inflation low, said Reserve Bank Assistant Governor John McDermott today.
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For more than 20 years, including during vastly different economic conditions, monetary policy in New Zealand has been doing what it was supposed to do - keeping inflation low, said Reserve Bank Assistant Governor John McDermott today.
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Reserve Bank Governor Alan Bollard said: "New Zealand's economic outlook has weakened a little since the March Monetary Policy Statement.
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Global economic and financial conditions continue to pose risks for New Zealand’s financial system, Reserve Bank Governor Alan Bollard said today when releasing the May 2012 Financial Stability Report.
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The Reserve Bank is introducing a number of prudential policy changes, based on lessons from the global financial crisis (GFC), in order to further strengthen the New Zealand financial system.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank of New Zealand has completed its assessment of the proposed restructure of AMI, and change of control of AMI Insurance (Operations) Limited to IAG.
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International comparisons of economic statistics can be fraught with difficulties and could have resulted in New Zealand’s economic performance being understated, Reserve Bank Governor Alan Bollard said today.
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Reserve Bank Governor Alan Bollard today announced he will not be seeking another term as Governor when his current term ends on 25 September this year.
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The European sovereign debt crisis and Canterbury earthquakes were two bad jolts to the New Zealand economy in 2011, but the economy and financial system have the capacity to weather such shocks, Reserve Bank Governor Alan Bollard said today.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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Risks to New Zealand’s economy and financial system have increased in recent months, Reserve Bank Governor Alan Bollard said today, when releasing the Bank’s November 2011 Financial Stability Report.
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The Reserve Bank of New Zealand has appointed Steve Gordon as Head of Risk Assessment and Assurance, effective 28 November 2011.
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The Reserve Bank today released a consultation paper on the implementation of Basel III capital adequacy requirements in New Zealand (http://www.rbnz.govt.nz/finstab/banking/4572979.html).
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank of New Zealand today announced that PSIS Limited has been registered as a bank in New Zealand.
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CANTERBURY — The recent earthquakes in Canterbury have provided a number of lessons that can be drawn upon to help organisations in Wellington better prepare for seismic events, Reserve Bank Governor Alan Bollard said this morning.
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During a year of shocks and volatility, the Reserve Bank has focused on the resilience of the New Zealand economy and financial system, while staying on top of inflationary pressures, Reserve Bank Governor Alan Bollard said today.
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The Reserve Bank today released the September 2011 edition of the Reserve Bank of New Zealand Bulletin.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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A new Council of Financial Regulators has been established to foster cooperation between financial and prudential regulators in New Zealand.
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The Reserve Bank announced today that Saint Kentigern College from Auckland is the national winner of the Reserve Bank 2011 Monetary Policy Challenge (MPC).
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Following is the Reserve Bank’s schedule for the release of its quarterly Monetary Policy Statements, the intervening Official Cash Rate reviews, and the six-monthly Financial Stability Reports.
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Improving the resilience of New Zealand’s financial system has been an important focus for the Reserve Bank since the global financial crisis.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The Reserve Bank announced today that planning has begun to upgrade New Zealand’s current series of banknotes.
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The Reserve Bank's new capital adequacy requirements for farm lending take effect today, requiring New Zealand's four largest banks to hold more appropriate regulatory capital to back their rural lending portfolios.
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CANTERBURY — The Reserve Bank's Statement of Intent (SOI) for 2011-2014, released today, demonstrates the Bank's focus on maintaining stability despite shocks from devastating earthquakes and continuing world financial and economic uncertainties.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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New Zealand’s financial system is more resilient and positioned to support economic growth, but still faces a volatile and uncertain environment, Reserve Bank Governor Alan Bollard said today, when releasing the Bank’s May 2011 Financial Stability Report.
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The global financial crisis has changed the economic surveillance required by central banks, placing a greater emphasis upon using monetary policy and financial stability policy in tandem to help keep economies stable.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.
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The People’s Bank of China (PBOC) and the Reserve Bank of New Zealand today announced the establishment of a reciprocal currency arrangement (swap line) to support the settlement in Chinese Renminbi (RMB) of trade transactions between New Zealand and Chinese businesses.
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New Zealand’s agricultural export prices are likely to remain strong for some time, delivering benefits to the New Zealand economy, Reserve Bank Governor Alan Bollard said in a speech.
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The Reserve Bank of New Zealand today announced that BOI (New Zealand) Limited has been registered as a bank in New Zealand.
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The Reserve Bank today released its Sector Risk Assessment to help registered banks, non-bank deposit taking institutions and life insurers prepare to meet upcoming requirements under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009.
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The Reserve Bank today released a consultation paper on the pre-positioning requirements that banks will be expected to comply with to fully implement the Open Bank Resolution (OBR) policy, as referred to by the Minister of Finance in his statement on 11 March 2011.
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The Reserve Bank today reduced the Official Cash Rate (OCR) by 50 basis points to 2.5 percent.
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CHRISTCHURCH — The Reserve Bank said today it is working closely with authorities and financial institutions to ensure financial services are available to people and businesses in Christchurch following the damaging earthquakes yesterday.
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Reserve Bank Governor Alan Bollard today said the recovery is expected to pick up, but a wide range of scenarios could impact upon the economy in the year ahead.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
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The Reserve Bank has announced that a regulatory limit will be applied to the issuance of covered bonds by New Zealand banks.
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The Reserve Bank has released its new corporate governance requirements for registered banks, following consultation (http://www.rbnz.govt.nz/finstab/banking/regulation/0094291.html).
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The Reserve Bank today released the December 2010 issue of the Reserve Bank of New Zealand Bulletin (http://www.rbnz.govt.nz/research/bulletin/2007_2011/dec2010.html).
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
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The Reserve Bank has today released a consultation paper proposing a new policy for locally incorporated registered banks considering making significant acquisitions, investments or business mergers (http://www.rbnz.govt.nz/finstab/banking/regulation/4242534.pdf).
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The Reserve Bank has today released its submission to the Government-established Savings Working Group.
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The Reserve Bank has finalised the main policy decisions in its review of disclosure requirements for registered banks.
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New Zealand’s financial system has benefited from recovery in the global economy, with banks now better positioned to meet future credit demand and support economic growth, Reserve Bank Governor Alan Bollard said today.
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The Reserve Bank announced today that it is removing the last remaining temporary liquidity facility put in place during the financial crisis.
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The Reserve Bank has published non-binding quantitative liquidity guidelines for the non-bank deposit taking sector. The guidelines complement the Deposit Takers (Liquidity Requirements) Regulations 2010 gazetted earlier this month. Under the regulations, appropriate quantitative liquidity requirements must be included in an NBDT’s trust deed by 1 December 2010.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
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The Reserve Bank today released a consultation paper on the introduction of a regulatory framework for the development of covered bond programmes by New Zealand banks. Although used extensively in Europe for many years, covered bonds represent a new funding instrument for New Zealand banks.
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The Reserve Bank's broad coverage of financial and economic functions has proved valuable in dealing with both financial and natural disasters, Reserve Bank Governor Alan Bollard said today when releasing the Bank's 2009-2010 Annual Report.
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The Reserve Bank and NZX today announced an agreement on the provision of clearing and settlement services to New Zealand’s capital markets.
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The Reserve Bank today announced two developments regarding non-bank deposit takers (NBDTs).
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The Reserve Bank says the current Retail Deposit Guarantee Scheme, which ends on 12 October 2010, has served its purpose.
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The Reserve Bank today released the September 2010 issue of the Reserve Bank of New Zealand Bulletin.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
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The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 3.0 percent.
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The Reserve Bank announced today that Kristin School from Auckland is the national winner of the Reserve Bank of New Zealand 2010 Monetary Policy Challenge (MPC).
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