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Head of Communications change at Reserve Bank

Thursday, 12 July, 2018 - 14:07

The Reserve Bank is recruiting for a new Head of Communications following Mike Hannah’s decision to leave the role after 16 years of service. Mr Hannah will remain with the Reserve Bank as Board Secretary, and is pursuing other opportunities.

Winston would find money if war was declared - Social Credit Party

Wednesday, 11 July, 2018 - 00:43

By Chris Leitch, Leader, Social Credit Party

If America declared war on Russia, North Korea, or Iran and called on New Zealand to assist, Acting Prime Minister Winston Peters’ government would immediately find the money necessary to provide the resources our armed forces required.

Stress tests important for banking supervision - RBNZ

Friday, 6 July, 2018 - 11:38

What would happen to the banking system if a downturn in the Chinese economy caused a fall in New Zealand exports, rising unemployment, falling house prices, and three years of low payment to dairy farmers?

Reserve Bank states bank capital preferences

Friday, 6 July, 2018 - 10:17

The Reserve Bank today published their in-principle decisions on capital requirements for registered banks. This is part of a thorough review of capital adequacy in the New Zealand banking system.

Auckland Grammar wins RBNZ Monetary Policy Challenge

Thursday, 5 July, 2018 - 16:17

Auckland Grammar has been named the national winner of the 2018 Reserve Bank of New Zealand Monetary Policy Challenge. Mount Albert Grammar placed second and Macleans College came third.

Treasury release Government financial statements

Thursday, 5 July, 2018 - 10:01

The Financial Statements of the Government of New Zealand for the eleven months ended 31 May 2018 were released by the Treasury today. The statements are compared against forecasts based on the 2018 Budget Economic and Fiscal Update (BEFU 18) published on 17 May 2018.

New Zealand First welcomes latest IMF review - Tabuteau

Wednesday, 4 July, 2018 - 17:52

New Zealand First Deputy Leader and Associate Spokesperson for Finance Fletcher Tabuteau welcomes the International Monetary Fund’s latest annual review of the New Zealand economy, announced today by Finance Minister Grant Robertson.

SFO and Reserve Bank investigating CBL Insurance matters

Wednesday, 27 June, 2018 - 15:17

The Serious Fraud Office and Reserve Bank of New Zealand are each investigating matters relating to CBL Insurance and associated entities.

The Reserve Bank is co-operating with the Serious Fraud Office investigation.

OCR should 'be cut to spur growth in productive economy'

Wednesday, 27 June, 2018 - 13:35

The Reserve Bank of New Zealand (RBNZ) should be seriously considering a cut in the Official Cash Rate (OCR) for tomorrow’s decision.

LMI - the difference it can make to first home buyers - Canstar

Wednesday, 27 June, 2018 - 06:30

With the easing of LVR restrictions at the start of 2018, more first home buyers are able to get on the housing ladder. Latest Reserve Bank data shows that lending to first home buyers with deposits of less than 20%, rose from $149m in April 2017 to $275m in April this year.