Business Scoop


NZ dollar tad weaker after Fed hikes, RBNZ stands pat

Article – BusinessDesk

Sept. 27 (BusinessDesk) – The New Zealand dollar is weaker after the US Federal Reserve lifted interest rates and the Reserve Bank of New Zealand kept them on hold, further widening the rate differential between the two countries. Read more »

RBNZ’s Orr keeps OCR at 1.75%

Article – BusinessDesk

Sept. 27 (BusinessDesk) – Reserve Bank governor Adrian Orr left the official cash rate at a record low 1.75 percent and while he kept a future cut on the table, he was more upbeat about the economy. Read more »

HiFX Data Update – RBNZ OCR remains at 1.75%

Press Release – HiFX

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

OCR unchanged at 1.75 percent

Press Release – Reserve Bank

The Official Cash Rate (OCR) remains at 1.75 percent. Read more »

NZ dollar sticks to tight range ahead of key events

Article – BusinessDesk

Sept. 24 (BusinessDesk) – The New Zealand dollar stuck to a tight range ahead of key events later in the week, including interest rate decisions from the US Federal Reserve and New Zealand’s central bank. Read more »

PREVIEW: RBNZ to keep rates on hold

Article – BusinessDesk

PREVIEW: RBNZ to keep rates on hold, reiterate next move could be up or down Read more »

The Journey of Te Pūtea Matua: Our Tāne Mahuta

Press Release – The Reserve Bank of New Zealand

The Journey of Te Ptea Matua: Our Tne Mahuta Te Ptea Matua is the Mori name for the Reserve Bank of New Zealand. This article presents a broad picture of Te Ptea Matuas heritage, role, and interdependencies both within the Bank and economy-wide. … Read more »

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 »

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