Reserve Bank delays bank disclosure reforms

Article – BusinessDesk

Nov. 24 (BusinessDesk) – The Reserve Bank of New Zealand has extended for two weeks its deadline for feedback on a proposed new Dashboard approach for banks financial disclosure aimed at making it easier for retail investors to compare how sound the … Read more »

Changes in household behaviour help explain low inflation

Press Release – The Reserve Bank of New Zealand

The Reserve Bank is taking account of changing household saving and spending behaviours in its inflation forecasts, Deputy Governor Geoff Bascand said in a speech to the Australia National University in Canberra this evening. Read more »

Suncorp NZ sells Autosure, enters partnership with Turners

Press Release – Suncorp

Suncorp New Zealand sells Autosure business, enters into corporate partnership with Turners Limited Suncorp New Zealand today announced the sale of the majority of its Autosure motor insurance business to Turners Limited, and the start of a new corporate … Read more »

Updated weights for Trade-Weighted Index

Press Release – Reserve Bank

The annual re-weighting of the Trade-Weighted Index (TWI) takes effect on Wednesday 16 November 2016. Read more »

English: Prison population as big a risk as interest rates

Article – BusinessDesk

Finance Minister English says soaring prison population as big a risk as world interest rates Read more »

NZ dollar falls as Trump election stokes volatility

Article – BusinessDesk

Nov. 10 (BusinessDesk) – The New Zealand dollar fell as the election of Donald Trump to the White House stoked volatility across financial markets and the Reserve Bank left the door open to intervening in foreign exchange markets as a means to lean … Read more »

UPDATE: RBNZ’s Wheeler cuts OCR

Article – BusinessDesk

Nov. 10 (BusinessDesk) – Reserve Bank governor Graeme Wheeler cut the official cash rate to a new record low to try to stoke inflation in an economy growing ahead of expectations and signalled the end of the easing cycle. The kiwi dollar gained after … Read more »

RBNZ’s Wheeler cuts OCR, signals end to easing cycle

Article – BusinessDesk

Nov. 10 (BusinessDesk) – Reserve Bank governor Graeme Wheeler cut the official cash rate to a new record low to try and stoke inflation in an economy growing ahead of expectations and signalled the end of the easing cycle, pushing the kiwi up. Read more »

Official Cash Rate reduced to 1.75 percent

Press Release – Reserve Bank

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 1.75 percent. Read more »

RBNZ’s Spencer signals new oversight for payments systems

Article – BusinessDesk

Nov. 8 (BusinessDesk) – Reserve Bank deputy governor Grant Spencer is signalling a new supervision regime for the country’s payments system, two years after he first outlined concerns about the global infrastructure that facilitates wholesale market … Read more »

Promoting financial stability

Press Release – Reserve Bank

The Reserve Bank remains focused on preserving financial stability, while facilitating innovation and improved efficiency in the rapidly-evolving payments space, Deputy Governor Grant Spencer said today. Read more »

Statistics NZ has corrected Q3 inflation data on website

Press Release – HiFX

Statistics NZ has corrected Q3 inflation data on their website. It states that: Q3 CPI rose 0.3% Q/Q versus originally reports 0.2%. Q3 CPI rose 0.4% Y/Y versus originally reports 0.2%. The changes were required to correct a manual processing … Read more »

Bond premia, monetary policy and exchange rate dynamics

Press Release – Reserve Bank

The risk-free interest rate means different things to different people. One notion of the risk-free rate is the return on a bond that has no risk of default, such as a short-term government bill. Another is the unobserved discount rate, that is used … Read more »

NZ dollar heads for 2.1% weekly gain

Article – BusinessDesk

NZ dollar heads for 2.1% weekly gain against the greenback as market rethinks RBNZ rate cut Read more »

Helping people with sight loss use currency with confidence

Press Release – Reserve Bank

Banknote gauges to help people with sight loss better identify New Zealands currency have been released by the Reserve Bank in collaboration with organisations representing the blindness community. Read more »

Barnett says hold fire on loan-to-income restrictions

Press Release – Century 21 Real Estate

Head of Century 21 New Zealand, Geoff Barnett, is cautioning Wellingtons decision-makers over increasing calls for the Government to give the Reserve Bank the power to introduce loan-to-income restrictions. Read more »

RBNZ to replace 90-day bank bill projection for track of OCR

Article – BusinessDesk

Oct. 25 (BusinessDesk) – The Reserve Bank will replace its projection for the track of the 90-day bank bill rate with one for the official cash rate, saying the 90-day rate is no longer a clear signal for the direction of interest rates. Read more »

NZ dollar rises above 72 US cents amid early inflation signs

Article – BusinessDesk

Oct. 19 (BusinessDesk) – The New Zealand dollar rose above 72 US cents for the first time in two weeks as stronger-than-expected inflation figures at home and in the UK stoked speculation the era of ultra-low price increases may be ending. Read more »

Inflation piles pressure on National and Reserve Bank

Press Release – New Zealand Labour Party

While many households will welcome the low inflation figures announced today, they highlight serious questions for both the National government and the Reserve Bank, Labours Finance Spokesperson Grant Robertson said. Read more »

NZ dollar heads for 0.7% weekly decline

Article – BusinessDesk

NZ dollar heads for 0.7% weekly decline as RBNZ’s presses rate cut bias Read more »

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