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Letter sent to life insurers by the FMA and RBNZ

Thursday, 24 May, 2018 - 12:10

The FMA and the RBNZ have sent the letter below to the chief executives of New Zealand’s licensed life insurers.

Response to the Australian Royal Commission into misconduct in Banking, superannuation and other financial services (Royal Commission)

KiwiBuild forecasts slashed, fewer to be built - Collins

Friday, 18 May, 2018 - 09:09

Housing Minister Phil Twyford’s KiwiBuild pipedream has been dealt another blow, with the Government’s own experts saying it will have only half the promised impact on the housing market, National’s Housing and Urban Development spokesperson Judith Collins says.

'Work well underway' at RBNZ building

Thursday, 17 May, 2018 - 15:38

Work is well under way to test air quality on all levels of the Reserve Bank’s Wellington premises, after a trace of asbestos was found on level 1 during a routine inspection on Wednesday.

"Rockstar economy" debated at Napier Business Breakfast

Wednesday, 16 May, 2018 - 12:10

With Hawke’s Bay in growth, are we at risk of resting on our laurels? Napier City Council’s next Business Breakfast on June 8 will cover all things economy, as it welcomes Westpac’s Chief Economist to the city.

Investitures at Government House, Wellington

Friday, 11 May, 2018 - 14:17

Author Joy Cowley, politicians Dame Annette King and Peter Dunne, former Reserve Bank Governor Graeme Wheeler, "Bugman" Ruud Kleinpaste, fashion designer Margarita Robinson, peanut butter supremo Pic Picot, broadcasters Lloyd Scott and Phillip Sherry and Māori tourism leader Pania Tyson-Nathan a

RBNZ Interest Rate decision and Monetary Policy Statement

Thursday, 10 May, 2018 - 10:12

The RBNZ have maintained the Official Cash Rate (OCR) at 1.75%. This was widely expected.

The key points in the RBNZ statement and full monetary policy statement are:

- Reserve Bank of NZ Keeps Cash Rate Unchanged at 1.75%

NZIER's Shadow Board continues to see little need to change the OCR

Tuesday, 8 May, 2018 - 10:33

NZIER’s Monetary Policy Shadow Board’s overwhelming view remains one of no change to the Official Cash Rate ahead of the Reserve Bank’s release of the May Monetary Policy Statement on Thursday.

Union calls for Royal Commission into NZ banking practices

Wednesday, 2 May, 2018 - 15:35

FIRST Union, the Union for finance sector workers, welcomes news that the Financial Markets Authority and the Reserve Bank are looking into the business practices of New Zealand’s banks.

Bankers’ Association responds to regulators

Wednesday, 2 May, 2018 - 14:15

Last night the Bankers’ Association responded to calls from the Reserve Bank and the Financial Markets Authority (FMA) to provide them with evidence of how New Zealand’s banking culture and conduct is different from what has been revealed by the Australian Royal Commission into financial serv

FSC national conference returns for 2018

Tuesday, 1 May, 2018 - 09:48

The Financial Services Council and Workplace Savings NZ are delighted to announce the return of their national conference for 2018. ‘Shaping Futures’ is the showcase event for the New Zealand financial services industry and will be in held in Auckland on 6 and 7 September.