RBNZ registers Bank of China to provide banking services

Article – BusinessDesk

RBNZ registers Bank of China to provide banking services in New Zealand as a branch Read more »

NZ Reserve Bank may be less of a ‘fiefdom’ with changes

Article – BusinessDesk

NZ Reserve Bank may be less of a ‘fiefdom’ with changes to policy-making, Treasury observer Read more »

Dollar gains to 8-month high vs Aussie as iron ore weakens

Article – BusinessDesk

NZ dollar gains to 8-month high vs Aussie as iron ore weakens, Orr sounds upbeat Read more »

Feds Asks Why Fool Around With The Reserve Bank Act?

Press Release – Federated Farmers

Federated Farmers sees the Governments decision to proceed with adding employment to the Reserve Banks monetary policy mandate as a step backwards for New Zealand. Read more »

Reserve Bank to make policy by committee, adds employment

Article – BusinessDesk

March 26 (BusinessDesk) – The Reserve Bank of New Zealand will explicitly include employment in its policy targets, ending a sole focus on price stability, and the bank will move to policy by committee instead of leaving interest rate decisions … Read more »

Robertson’s RBNZ changes no compensation for poor policies

Press Release – New Zealand National Party

Finance Minister Grant Robertson should explain why New Zealand needs to change its monetary policy objectives when under the current settings he inherited one of the best performing economies and employment rates in the developed world, says National … Read more »

Reserve Bank Governor signs new Policy Targets Agreement

Press Release – New Zealand Government

Finance Minister Grant Robertson and incoming Reserve Bank Governor Adrian Orr today signed a new Policy Targets Agreement (PTA) setting out specific targets for maintaining price stability and a requirement for employment outcomes to be considered in the … Read more »

CBL watershed meeting deadline extended

Article – BusinessDesk

March 23 (BusinessDesk) – The CBL Corp saga will continue, with the company’s voluntary administrators postponing the creditors’ watershed meeting to gather more information and hiring Goldman Sachs as an adviser. Read more »

Optimal Grid Selection in Numerical Approaches

Press Release – Reserve Bank

Reserve Bank discussion paper Optimal Grid Selection in Numerical Approaches to Dynamic Heterogeneous Agent Macroeconomic Models Read more »

An interview with Atif Mian of Princeton University

Press Release – The Reserve Bank of New Zealand

An interview with university academic Atif Mian was published today in the Reserve Bank Bulletin. Read more »

NZ dollar gains vs Aussie after weak Australian jobs data

Article – BusinessDesk

March 22 (BusinessDesk) – The New Zealand dollar gained against its Australian counterpart after jobs data across the Tasman was weaker than expected, adding to the view the RBA – like the New Zealand central bank today – won’t be lifting rates anytime soon. Read more »

Orr may break central banker mould

Article – BusinessDesk

March 22 (BusinessDesk) – Adrian Orr will have a new operating mandate when he starts as Reserve Bank governor next week and analysts say he may break the mould of a staid central banker, even if it isn’t clear if he’s a hawk or a dove. Read more »

RBNZ keeps rates on hold as expected

Article – BusinessDesk

March 22 (BusinessDesk) – Acting Reserve Bank governor Grant Spencer kept the official cash rate unchanged at 1.75 percent and continued to signal that rates will remain on hold due to the lack of inflationary pressure. Read more »

HiFX Data Update – RBNZ Interest Rate Decision

Press Release – HiFX

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

Official Cash Rate unchanged at 1.75 percent

Press Release – The Reserve Bank of New Zealand

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent. Read more »

NZ dollar little changed near 6-week low

Article – BusinessDesk

March 21 (BusinessDesk) – The New Zealand dollar was little changed near a six-week low ahead of a likely rate hike by the US Federal Reserve but could bounce back if the Fed fails to sound a more hawkish note in its commentary. Read more »

NZ cryptocurrency investment platform launches

Press Release – Ilumony

FOR IMMEDIATE RELEASE: 20 March 2018 A New Zealand-based financial services company is launching a cryptocurrency portfolio investment platform designed to make the exciting asset class accessible to everyone. The new platform, called Invsta , is … Read more »

RBNZ’s Spencer tipped to stand pat in final review next week

Article – BusinessDesk

March 16 (BusinessDesk) – Economists see no prospect of acting Reserve Bank governor Grant Spencer lifting the official cash rate in his final review next week and do not expect him to deviate from the line that rates are on hold for the foreseeable … Read more »

UPDATE: FMA rejected 2015 complaint on CBL prospectus

Article – BusinessDesk

March 13 (BusinessDesk) – The Financial Markets Authority was warned of potential issues at CBL Corp before the insurance services group went public in 2015 but dismissed the complaints from a businessman whose company was caught in a US probe over “fraudulent” … Read more »

Spencer calls for permanent macro-prudential framework

Article – BusinessDesk

March 13 (BusinessDesk) – Reserve Bank acting governor Grant Spencer says the government should consider a permanent structure for macro-prudential tools, which he attributes as helping the regulator meet its policy objectives. Read more »

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