Business Scoop


UPDATE: Stronger than expected growth

Article – BusinessDesk

Sept. 20 (BusinessDesk) – New Zealand’s stronger-than-expected economic growth pared any chance of a rate cut but downside risks – particularly flagging business confidence – remain. Read more »

RBNZ independence at risk from policy committee appointment

Article – BusinessDesk

Sept. 20 (BusinessDesk) – Allowing the minister of finance to appoint all the members of the Reserve Banks monetary policy committee risks weakening perceptions of the banks operational independence, ASB chief economist Nick Tuffley says. Read more »

Strong June qtr GDP growth should quell rate cut risk

Article – BusinessDesk

Sept. 14 (BusinessDesk) – Strong economic growth should calm expectations for a possible rate cut this year. Read more »

RBNZ review to chew over meaty issues

Article – BusinessDesk

Sept. 10 (BusinessDesk) – The potential introduction of deposit insurance and the removal of prudential supervision are among the key issues to be addressed in the next stage of the Reserve Bank Act review. Read more »

Phase 2 of the Reserve Bank Act Review

Press Release – The Treasury

The joint Treasury and Reserve Bank Team undertaking Phase 2 of the Governments Review of the Reserve Bank Act has released the outline of how Phase 2 will proceed. Read more »

Reserve Bank Act review panel appointed

Article – BusinessDesk

Sept. 7 (BusinessDesk) – The government has made three new appointments to the panel reviewing the Reserve Bank Act, as the “wide-ranging” review enters its second phase. Read more »

Reserve Bank’s Orr laments ‘short-termism’; spruiks NZ

Article – BusinessDesk

Sept. 7 (BusinessDesk) – Reserve Bank governor Adrian Orr lamented the dominance of short-term thinking in his first public speech since taking over as head of the central bank in March. Read more »

Geopolitics, New Zealand and the winds of change

Press Release – Reserve Bank

A long-term focus is key to promoting economic growth and developing a healthy financial ecosystem, Reserve Bank Governor Adrian Orr said today. Read more »

New data on the financial health of banks published

Press Release – Reserve Bank

New data on the financial health of New Zealand registered banks was published on the Bank Financial Strength Dashboard today. Read more »

Exporter demand halts NZ dollar’s slide

Article – BusinessDesk

Aug. 13 (BusinessDesk) – The New Zealand dollar was largely unchanged in local trading as exporters piled into the currency at a two-year low, offsetting the downbeat tone sparked by Turkey’s economic woes. Read more »

Economists see more pain in store for the New Zealand dollar

Article – BusinessDesk

Aug. 13 (BusinessDesk) – The New Zealand dollar was roiled by the Reserve Banks surprisingly dovish stance last week and economists say there is more downside to come as US interests rates rise and the global trade outlook remains uncertain. Read more »

Q+A: Adrian Orr interviewed by Corin Dann

Press Release – TVNZ

Please find attached the transcript of the interview between our host Corin Dann and the NZ Reserve Bank Governor Adrian Orr on TVNZ1s Q+A this [Sunday] evening. Read more »

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