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Bankers' Association congratulates new Reserve Bank Governor

Monday, 11 December, 2017 - 20:04

The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand.

Adrian Orr to become new Reserve Bank Governor

Monday, 11 December, 2017 - 16:03

Adrian Orr has been appointed as Reserve Bank Governor effective from 27 March 2018, Finance Minister Grant Robertson says.

Acting Reserve Bank Governor says interest rates are set to stay low

Sunday, 10 December, 2017 - 13:04

This week, in a rarely-granted interview, acting Reserve Bank Governor Grant Spencer sat down with our political editor Corin Dann and cast the net forward, looking at a continued period of low interest rates, capital gains tax and even a bitcoin economy.

Police and banks increase efforts against financial crime

Friday, 8 December, 2017 - 12:06

The New Zealand Police Financial Intelligence Unit (FIU) and the five major New Zealand banks today announced a year-long pilot of the New Zealand Financial Crime Prevention Network (NZ-FCPN).

New article discusses policy responses and house-price lessons

Thursday, 7 December, 2017 - 11:08

An article published today in the Reserve Bank Bulletin reviewed the policy responses by overseas central banks to house-price collapses. It was originally written by a contracted researcher, Maitland MacFarlan, as part of the Bank’s general consideration of risks around housing markets.

Nationwide value growth rallies as summer arrives - QV

Thursday, 7 December, 2017 - 05:00

The latest monthly QV House Price Index shows nationwide residential property values for November increased 6.4% over the past year which is a much faster rate of increase than last month’s annual growth of 3.9%.

Monetary policy grapples with drivers of weak inflation

Tuesday, 5 December, 2017 - 13:27

Inflation in New Zealand and world-wide has been persistently low since the 2008 global financial crisis, partly because of factors such as globalisation, the growth of China, the rise of the digital economy, and low inflation expectations.

Three year high for new home listings across the country

Friday, 1 December, 2017 - 08:00

Kiwis now have more choice when it comes to buying a home. An increase in new listings, coupled with static prices indicates the property market is back on track, says realestate.co.nz spokesperson Vanessa Taylor.

"The heat that lit the 2015-2016 market is no longer evident.

Time for Robertson to front up - Joyce

Thursday, 30 November, 2017 - 13:40

With Business Confidence this month at its lowest level since the Global Financial Crisis, it is now time for Grant Robertson to front up to New Zealanders with some idea of his real economic plan and the actual costs of the new Coalition Government, National Party Finance Spokesperson Steven Joy

ANZ Business confidence: Crunch

Thursday, 30 November, 2017 - 13:01

Business confidence fell sharply in the November ANZ Business Outlook Survey.

A net 39% of businesses are pessimistic about the year ahead, the lowest level since early 2009, and a decline of 29 points from the previous month.

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