New Zealand central bank publishes macro-prudential ‘tool-kit' consultation

View from above of Queensland in New Zealand

New Zealand's consultation on a new macro-prudential ‘tool-kit' for the country's central bank, trailed last week by finance minister Bill English, was published yesterday along with a four-step decision-making process.

The consultation moots four new tools for the Reserve Bank of New Zealand (RBNZ), as set out by English last week:

• a counter-cyclical capital buffer;
• adjusting the core funding ratio;
• sectoral capital requirements; and
• temporary restrictions on high loan to value ratios in h

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: