Reserve Bank of New Zealand: New Zealand's central bank

The Bank manages monetary policy to maintain price stability, promotes the maintenance of a sound and efficient financial system and supplies New Zealand banknotes and coins.

Quickfacts

OFFICIAL CASH RATE
is 2.50 percent

INFLATION
CPI for the year to December 2012 is 0.9 percent.

Quicklinks

Release dates

News

7 March 2013 Effective monetary policy requires transparency

Robust decision-making processes and clear communication are essential for effective monetary policy, the Governor of the Reserve Bank Graeme Wheeler said today.

4 March 2013 RBNZ consults on macro-prudential framework

The Reserve Bank today released a consultation paper on its proposed framework for macro-prudential policy in New Zealand.

20 February 2013 Manufacturing decline not just a dollar story

The decline in the manufacturing sector is much more than a simple exchange rate story, the Governor of the Reserve Bank said today.

Highlights

The next OCR/MPS announcement is on 14 March 2013.
March 2013: The Reserve Bank issued a consultation paper on its proposed Open Bank Resolution (OBR) pre-positioning requirements policy.
March 2013: The Reserve Bank issued a consultation paper on its proposed macro-prudential policy framework.
View the Reserve Bank's video: Inflation - A thief in your wallet.
View Cautions and notices and Industry notices updated 17 September 2012.
View the Reserve Bank Museum website.

The Bank’s new regulatory responsibilities

Regulation of non-bank deposit takers
Prudential supervision of insurance
Anti-Money Laundering and Countering Financing of Terrorism