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Government welcomes IMF’s positive economic assessment

Tuesday, 17 April, 2018 - 12:53

Minister of Finance Grant Robertson has welcomed the IMF’s Concluding Statement, released following its annual visit, which provides an independent assessment of the strength of the New Zealand economy.

RBNZ Bulletin article discusses labour supply developments

Monday, 16 April, 2018 - 11:09

An article published today in the Reserve Bank Bulletin compares labour supply developments across the OECD and examines how New Zealand is placed.

Two external monetary policy advisers appointed

Friday, 13 April, 2018 - 11:35

The Reserve Bank has appointed Susan Paterson and William Rolleston as part-time advisors to the Bank on monetary policy.

Evolution in inflation targeting

Thursday, 12 April, 2018 - 11:06

New Zealand’s inflation targeting framework has evolved significantly over the past 30 years, Reserve Bank Assistant Governor and Head of Economics John McDermott said in a speech today.

Fines for fishing in Canterbury marine reserve

Wednesday, 11 April, 2018 - 13:25

The Department of Conservation is urging fishers to check the location of marine reserves before they go fishing after a string of offending in Canterbury’s two marine reserves this summer.

Property investors still there, but opportunists fewer

Wednesday, 11 April, 2018 - 10:56

"Claims that property investors in Auckland have all but dried up and have now turned their attention to the regions is by no means true," says Geoff Barnett, National Manager of Century 21 New Zealand.

Bank of China NZ Ltd celebrates achieving branch licence

Thursday, 29 March, 2018 - 09:57

The Reserve Bank of New Zealand has today given approval for Bank of China Limited (BoC) to set up a branch, which will operate alongside BoC’s subsidiary Bank of China (New Zealand) Limited ("BoCNZ").

BoC is the 26th bank to be registered to provide banking services in New Zealand.

Bank of China registered as a bank

Thursday, 29 March, 2018 - 09:07

The Reserve Bank today registered Bank of China to provide banking services in New Zealand.

Bank of China Limited is incorporated in the People’s Republic of China and will operate in New Zealand as a branch.

Printing money doesn’t create jobs - Seymour

Monday, 26 March, 2018 - 17:26

"Directing the Reserve Bank to focus on employment ignores the basic fact that printing money doesn’t create jobs", says ACT Leader David Seymour.

"Monetary policy doesn’t affect employment in the long-term.

Review of the Reserve Bank of New Zealand Act 1989

Monday, 26 March, 2018 - 16:07

The Treasury has released documents related to Phase 1 of the Reserve Bank of New Zealand Act 1989 review.

See Review of the Reserve Bank of New Zealand Act 1989: