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.
Given the fragile economic recovery, it is important that firms base their pricing decisions on low underlying inflation, not the upcoming temporary spike, Reserve Bank Governor Alan Bollard said today.
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The following is the Reserve Bank’s schedule for the release of its 2011 quarterly Monetary Policy Statements, the intervening Official Cash Rate announcements, and the six-monthly Financial Stability Reports.
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The Reserve Bank today named the six secondary schools that have made it to the national final of the 2010 Monetary Policy Challenge (MPC).
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The Reserve Bank is inviting submissions on proposals to change the current disclosure regime for registered banks.
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The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 3.0 percent.
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The Reserve Bank's Statement of Intent 2010-2013 reflects a commitment to maximise its contribution to sustainable economic growth by ensuring financial system stability and price stability, Governor Alan Bollard said today when releasing the SOI.
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The Deposit Takers (Credit Ratings, Capital Ratios, and Related Party Exposures) Regulations 2010 were gazetted yesterday and will come into force on 1 December 2010.
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As New Zealand is now back on a growth track, we could be doing more to reduce economic imbalances, especially external debt, Reserve Bank Governor Alan Bollard said today.
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The Reserve Bank today increased the Official Cash Rate (OCR) by 25 basis points to 2.75 percent.
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The outlook for the financial system has improved over recent months, reflecting a recovery in the New Zealand economy driven by stronger trading partner activity and a sharp lift in the terms of trade, Reserve Bank Governor Alan Bollard said today when releasing the Bank's May 2010 Financial Stability Report.
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New Zealand's recovery from the Global Financial Crisis is entering a new, less fragile stage, which will allow monetary policy stimulus to be removed, 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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The Reserve Bank announced today that credit ratings are now mandatory for non-bank deposit takers (NBDTs).
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The Reserve Bank today released a Consultation Paper on policy options for liquidity requirements for the non-bank deposit taking (NBDT) sector.
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New Zealand's inflation targeting monetary policy has proven flexible, durable and successful, but economic growth requires more than this, 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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Reserve Bank Governor Alan Bollard said: "The New Zealand economy continues to recover but there remains considerable uncertainty about the durability of the expansion.
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The Reserve Bank of New Zealand and NZX today announced they are engaged in discussions on a potential joint venture to provide Clearing and Settlement services in New Zealand.
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The outlook for the New Zealand economy and financial system has improved in the past six months as international conditions have stabilised, but some risks and challenges remain, Reserve Bank Governor Alan Bollard said today when releasing the Bank's November 2009 Financial Stability Report.
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Financial markets and businesses need to appreciate the different futures New Zealand and Australia are charting out of the global financial crisis, Reserve Bank Governor Alan Bollard said today.
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Reserve Bank Governor Alan Bollard said: "There are welcome signs that economic activity is growing again.
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The Reserve Bank announced today that it will be removing and consolidating some of the temporary emergency liquidity facilities put in place during the financial crisis in 2008.
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New Zealand has escaped major damage in the worst global financial crisis in decades, but the experience has highlighted imbalances and vulnerabilities, the Reserve Bank says in its 2008-2009 Annual Report released today.
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WELLINGTON — The Reserve Bank is saving at least $60,000 pa because of new energy efficiency solutions introduced at its Wellington office.
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Strengthening the economy in light of the economic and financial crisis, and lessons that can be learned from history, are the focus of the September 2009 Reserve Bank of New Zealand Bulletin, released 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 announced that Baroda (New Zealand) Limited has been registered as a bank in New Zealand.
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The following is the Reserve Bank's schedule for the release of its quarterly Monetary Policy Statements and Official Cash Rate announcements for 2010.
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The Reserve Bank released today a discussion paper on the development of stratified housing price measures using the Real Estate Institute of New Zealand's (REINZ) housing market data.
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The Reserve Bank announced today that it is exempting certain deposit takers from having a mandatory credit rating, under Part 5D of the Reserve Bank of New Zealand Act 1989.
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To mark the Reserve Bank of New Zealand's 75th anniversary, Howard Davies, Director of the London School of Economics, and formerly Chairman of the UK Financial Services Authority and Deputy Governor of the Bank of England, delivered a public lecture last night.
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The Official Cash Rate (OCR) will remain unchanged at 2.50 percent.
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In August 2009 the Reserve Bank of New Zealand marks its 75th year of operations, three quarters of a century that span some of New Zealand's most tumultuous decades.
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The Reserve Bank today released a paper on the potential impact of influenza A (H1N1) (Swine 'Flu) on the New Zealand economy.
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Household savings, investment in the tradable sector, and deeper funding markets are the key to New Zealand's economic recovery, Reserve Bank Governor Alan Bollard told a Hawke's Bay business audience today.
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The Reserve Bank today released its risk management programme guidelines for non-bank deposit takers.
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The Reserve Bank today announced the release of its prudential liquidity policy for banks.
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The Reserve Bank's focus for the year ahead remains on the stability of the financial system and economy in the face of an uncertain global environment, Acting Governor Grant Spencer said today, releasing the Bank's Statement of Intent (SOI) for 2009-2011, http://www.rbnz.govt.nz/about/whatwedo/soi2009.pdf.
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The Official Cash Rate (OCR) will remain unchanged at 2.50 percent.
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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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Draft Insurance Bill released for consultation The Reserve Bank today announced the release of a draft Insurance (Prudential Supervision) Bill for stakeholder consultation.
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Reserve Bank Governor Alan Bollard today expressed concern over the recent strength of long-term wholesale interest rates.
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Everyone including depositors, the Reserve Bank, trustees and non-bank deposit takers has a role in ensuring the future health of the finance sector, Reserve Bank Head of Prudential Supervision, Toby Fiennes, said today.
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The Reserve Bank today released the March 2009 issue of the Reserve Bank of New Zealand Bulletin.
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The Reserve Bank today released the December 2008 issue of the Reserve Bank of New Zealand Bulletin.
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A new Policy Targets Agreement signed by Finance Minister Bill English and Reserve Bank Governor Alan Bollard has been released today.
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The Reserve Bank today announced further measures to support the New Zealand debt markets and financial system liquidity, in response to the current financial market stress.
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Reserve Bank Governor Alan Bollard said today that further monetary policy easings depend on all sectors of the economy responding to reduced demand and not adding inflationary pressures to the system.
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The Reserve Bank today reduced the Official Cash Rate (OCR) from 6.5 percent to 5.0 percent.
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New Zealand's financial and payments systems have held up well in the face of extreme disorder within the international financial markets, Governor Alan Bollard said today, when releasing the Bank's November 2008 Financial Stability Report.
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Treasury and the Reserve Bank have this afternoon released further details of the opt-in retail deposit guarantee scheme announced by the Minister of Finance on 12 October.
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The Minister of Finance announced today that the Government has introduced an opt-in deposit guarantee scheme.
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The passing of the Reserve Bank Amendment Bill (No 3), making the Reserve Bank the regulator of deposit takers, provides a strong basis for confidence in the non-bank deposit-taking sector, Reserve Bank Governor, Alan Bollard, said today.
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The Reserve Bank is in good shape to deal with current macroeconomic and financial stresses, Governor Alan Bollard said today when releasing the Bank's 2007-2008 Annual Report, covering the year to 30 June 2008.
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