Loading...
You are here:  Home  >  Reserve Bank of New Zealand
Latest

LVR restrictions promote financial stability, evaluation finds

By   /  May 22, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on LVR restrictions promote financial stability, evaluation finds

Source: Reserve Bank of New Zealand Release date 22 May 2019 The Reserve Bank has undertaken a detailed evaluation of Loan-to-Value Ratio restrictions (LVR) as part of a wider review of macroprudential policy. “By improving the resilience of both households and banks, LVR policy has played a useful role in promoting financial stability during a […]

Read More →
Latest

Reserve Bank announces next steps in Capital Review

By   /  May 20, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank announces next steps in Capital Review

Source: Reserve Bank of New Zealand Release date 20 May 2019 The Reserve Bank has today announced the next steps in its Capital Review, following the closing of written submissions on Friday last week. The review proposes changes to regulatory capital requirements for locally incorporated banks. These include requiring bank shareholders to increase their stake […]

Read More →
Latest

Reserve Bank censures ANZ

By   /  May 17, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank censures ANZ

Source: Reserve Bank of New Zealand Release date 17 May 2019 The Reserve Bank has revoked ANZ Bank New Zealand Limited’s (ANZ) accreditation to model its own operational risk capital requirement due to a persistent failure in its controls and attestation process. ANZ is now required to use the standardised approach for calculating appropriate operational […]

Read More →
Latest

Reminder: Have your say on bank capital levels

By   /  May 13, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reminder: Have your say on bank capital levels

Source: Reserve Bank of New Zealand Release date 13 May 2019 Just one week remains for people to make a submission on the Reserve Bank proposals to make the banking system safer by increasing minimum bank capital. The Reserve Bank is consulting on proposals to increase the amount of capital banks must have. If implemented, […]

Read More →
Latest

Official Cash Rate reduced to 1.5 percent

By   /  May 8, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Official Cash Rate reduced to 1.5 percent

Source: Reserve Bank of New Zealand Tena koutou katoa, welcome all. The Official Cash Rate (OCR) has been reduced to 1.5 percent. The Monetary Policy Committee decided a lower OCR is necessary to support the outlook for employment and inflation consistent with its policy remit. Global economic growth has slowed since mid-2018, easing demand for […]

Read More →
Latest

Reserve Bank of New Zealand welcomes next steps by global climate initiative

By   /  April 18, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank of New Zealand welcomes next steps by global climate initiative

Source: Reserve Bank of New Zealand Release date 18 April 2019 The focus on climate and environmental risk by central banks globally is accelerating, with the release of a comprehensive report at the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) conference in Paris overnight. “The report targets an issue of […]

Read More →
Latest

Reserve Bank extends submission time for bank capital proposal

By   /  April 16, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank extends submission time for bank capital proposal

Source: Reserve Bank of New Zealand Release date 16 April 2019 Deputy Governor Geoff Bascand announced, “We have extended the public submission date to May 17 for views on our proposal to increase minimum capital requirements for banks. The consultation process on this matter will now extend to approximately five months.” “The Reserve Bank’s proposed […]

Read More →
Latest

Reserve Bank seeking views on proposal to increase bank capital

By   /  April 11, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank seeking views on proposal to increase bank capital

Source: Reserve Bank of New Zealand Release date 11 April 2019 Just three weeks remain for people to share their thoughts about proposals to increase minimum bank capital levels and make the banking system safer. The Reserve Bank is consulting on proposals to increase the amount of capital banks must have, to ensure they can […]

Read More →
Latest

RBNZ appoints Head of Financial Markets and Head of Economics / Chief Economist

By   /  April 9, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on RBNZ appoints Head of Financial Markets and Head of Economics / Chief Economist

Source: Reserve Bank of New Zealand Release date 09 April 2019 The Reserve Bank today announced two appointments to senior management roles. Vanessa Rayner has been appointed as Head of Financial Markets. Since joining the Bank in 2016, Ms Rayner has been an Adviser and Manager in the Financial Stability Group, including time leading the […]

Read More →
Latest

New Zealand Leaders Stand Together

By   /  April 8, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on New Zealand Leaders Stand Together

Source: Reserve Bank of New Zealand Media release from New Zealand Leaders Stand Together Emerging leaders seek support from NZ CEOs to foster inclusive and diverse workplaces following Christchurch mosque attacks. A group of emerging leaders has published a letter calling for CEOs and other leaders across the country to enable a better, safer and […]

Read More →
Latest

Fake banknote spate in Canterbury

By   /  April 5, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Fake banknote spate in Canterbury

Source: Reserve Bank of New Zealand Release date 05 April 2019 The Reserve Bank is urging Canterbury retailers to check banknotes’ security features after up to 50 counterfeits of different values were accepted at businesses over the past fortnight. “People need to check notes they receive over the counter using the look, feel, tilt technique,” […]

Read More →
Latest

Reserve Bank publishes in-depth information on proposal to increase bank capital

By   /  April 3, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank publishes in-depth information on proposal to increase bank capital

Source: Reserve Bank of New Zealand Release date 03 April 2019 The Reserve Bank of New Zealand today published additional background information on its proposal to increase the amount of capital that banks must hold. The Reserve Bank has proposed increasing the amount of capital banks must have, to ensure they can withstand financial and […]

Read More →
Latest

Pacific central bankers prioritise capital flows and climate change

By   /  April 3, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Pacific central bankers prioritise capital flows and climate change

Source: Reserve Bank of New Zealand Release date 03 April 2019 At a meeting in Auckland yesterday, the Governors of the nine central banks agreed a vision for the group to “collaborate to promote the prosperity and economic wellbeing of our member nations.” The governors started a project to explore how to improve access to, […]

Read More →
Latest

Update on FMA/RBNZ Bank Culture and Conduct review

By   /  April 2, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Update on FMA/RBNZ Bank Culture and Conduct review

Source: Reserve Bank of New Zealand Release date 02 April 2019 Today the Reserve Bank of New Zealand and the FMA confirmed that all 11 banks involved in their ongoing review of conduct and culture, have provided their responses to individual feedback letters. The regulators will now begin working through the responses provided by 11 […]

Read More →
Latest

Handbook supports transition to new monetary policy framework

By   /  April 1, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Handbook supports transition to new monetary policy framework

Source: Reserve Bank of New Zealand Release date 01 April 2019 New Zealand’s new monetary policy framework, which comes into effect today, is supported by a handbook developed by the Reserve Bank. Recent amendments to the Reserve Bank Act 1989 saw the addition of an employment objective to the Reserve Bank’s long-standing price stability objective, […]

Read More →
Latest

New Zealand’s revised monetary policy framework and the imperative for institutional change

By   /  March 29, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on New Zealand’s revised monetary policy framework and the imperative for institutional change

Source: Reserve Bank of New Zealand Release date 29 March 2019 At a Reserve Bank event in Wellington this morning, the Governor of the Reserve Bank, Adrian Orr, spoke about how the business of central banking is evolving. The event was held ahead of New Zealand’s new Monetary Policy framework taking effect on 1 April […]

Read More →
Latest

In service to society: New Zealand’s Revised Monetary Policy Framework and the Imperative for Institutional Change

By   /  March 29, 2019  /  24-7, 24/7 News, AM-NC, Economics, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on In service to society: New Zealand’s Revised Monetary Policy Framework and the Imperative for Institutional Change

Release date: 29/03/2019 Speaker: Adrian Orr (Written with Reserve Bank of New Zealand Economic Adviser Omar Aziz) Introduction Tēna koutou katoa. Thank you for joining us today to discuss New Zealand’s new monetary policy framework. The recent amendment to the Reserve Bank’s legislation sets up a Monetary Policy Committee that is responsible for a new […]

Read More →
Latest

Reserve Bank presented with award for the Bank Financial Strength Dashboard

By   /  March 14, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Reserve Bank presented with award for the Bank Financial Strength Dashboard

Source: Reserve Bank of New Zealand Release date 14 March 2019 The Reserve Bank has received the ‘Initiative of the Year’ award for the Bank Financial Strength Dashboard at the Central Banking Publications annual awards. Head of Financial System Policy Analysis Toby Fiennes accepted the award on behalf of the Reserve Bank at a ceremony […]

Read More →
Latest

Secretary to the Treasury nominated as the Treasury observer on the Monetary Policy Committee

By   /  March 8, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Secretary to the Treasury nominated as the Treasury observer on the Monetary Policy Committee

Source: Reserve Bank of New Zealand Release date 08 March 2019 News release issued by the Treasury The Secretary to the Treasury, Gabriel Makhlouf, will formally take up the role of the Treasury observer on the Monetary Policy Committee (the MPC) as of 1 April 2019. The MPC and the role of Treasury observer were […]

Read More →
Latest

Safer banks for greater wellbeing

By   /  February 26, 2019  /  24-7, 24/7 News, AM-NC, Economy, FifthEstate1, Finance, KB, MIL NZ OSI, New Zealand, New Zealand Government, New Zealand Government Business, Reserve Bank of New Zealand  /  Comments Off on Safer banks for greater wellbeing

Source: Reserve Bank of New Zealand Release date 26 February 2019 Increasing the amount of capital banks must have would help to improve the safety of New Zealand’s financial system and wellbeing, Reserve Bank Deputy Governor Geoff Bascand said today. The Reserve Bank is currently consulting on a proposal to raise the minimum amount of […]

Read More →