Reserve Bank of New Zealand (RBNZ)
RBNZ’s Orr backs use of indigenous language
Governor defends services in Māori as new government vows to cut use of indigenous language
Incoming New Zealand government pledges to return to single price stability goal
New coalition government agrees to amend central bank laws to remove RBNZ’s dual mandate
RBNZ to ban foreign bank branches from retail deposits
Central bank plans to change regulatory policy for branches of overseas banks in 2028
New Zealand to publish new monthly price data
Central bank says the new data will be valuable for policy-making
Opponents of dual mandate win New Zealand elections
National Party promises to abolish RBNZ commitment to ‘maximum sustainable employment’
RBNZ continues to hold policy rate
MPC suggests the rate will stay put for some time
New Zealand finance minister defends dual mandate
Robertson rejects calls for changed mandate and new regulator ahead of general election
Momentum builds to end RBNZ dual mandate
Think-tank calls for abolishing deposit insurance and creating new prudential regulator
Banknotes: July to September 2023
A round-up of news and salient issues that have affected central bankers in the past three months
RBNZ holds policy rate but revises up projection
Central bank expects rate to stay higher for longer and raises estimate of neutral rate
RBNZ unveils climate stress-test scenario
New Zealand’s largest lenders will be tested on exposure to extreme weather and transition costs
New Zealand government boosts central bank capital
RBNZ granted capital boost and indemnity
Cash for a very rainy, tremorous or lava-filled day
Are central banks well-positioned to keep cash flowing during natural disasters?
RBNZ halts tightening cycle
Central bank says policy rate will need to remain at a “restrictive” level for some time
New Zealand sets up its first deposit insurance scheme
RBNZ will run levy-funded scheme, which is set to become operational in 2024
New Zealand rejects RBNZ’s call for single price-stability goal
Updated central bank remit retains twin goals of price stability and maximum sustainable employment
RBNZ raises rates to peak level
Central bank predicts rates will come down slightly faster than in February forecast
Demand for better homes fuels unsustainable house prices – RBNZ study
Researchers say higher interest rates can reduce demand for better quality homes
RBNZ surprises with 50bp rate hike
Damage from cyclone threatens to keep inflation expectations higher
Marks (and sizes and colours) of distinction
Many central banks make an effort to make cash accessible to blind and partially sighted users
RBNZ raises rates as cyclone complicates outlook
“Devastating” impact of Cyclone Gabrielle creates economic disruption and prompts fiscal action
Currency round-up: Charles III causes controversy
Australian government drove decision to drop UK monarch from notes, as ECCB weighs its options
New Zealand opposition leader says he would end dual mandate
National Party chief says he will drop employment target and tell RBNZ to concentrate on inflation
RBNZ to expand FX reserves
Bigger economy and markets demand larger pool of reserves, central bank says