New Zealand
RBNZ: carry trade reversed depreciation in NZD
Reserve Bank of New Zealand study shows high yielding currencies gradually offset declines in New Zealand dollar during crisis
RBNZ’s Spencer: monetary policy will have more bite
Reserve Bank of New Zealand deputy governor Grant Spencer says cautious lending means monetary policy will have more bite than in previous years
Settlement system gets go-ahead from RBNZ
Reserve Bank of New Zealand and Securities Commission give “statutory backing” country’s third settlement system; system a joint venture between central bank and stock exchange operator
NZ’s Bollard: goods tax to have temporary inflationary effect
Reserve Bank of New Zealand governor Alan Bollard says recent tax on goods and services will only have temporary effect on inflation
New Zealand mulls lightening banks’ reporting load
Reserve Bank of New Zealand seeks to remove doubling in reporting requirements and bring standards for Kiwi banks in line with international practice; mooted changes expected to reduce compliance cost
External debt could prove perilous: NZ’s Bollard
Reserve Bank of New Zealand governor Alan Bollard cautions that the country faces external debt imbalances; calls for deficits to be slashed below 5% of GDP
IMF: higher capital costs could suffocate growth in Aus, NZ
Fund study into post-crisis growth levels in Australia and New Zealand says biggest threat is higher capital costs
RBNZ finds strong co-movement in inflation
Paper from New Zealand's central bank indicates category specific factors account for large co-movement in inflation among internationally traded commodities
RBNZ: inflation targeting no guarantee of stability
Reserve Bank of New Zealand Monthly Bulletin shows more than targeting inflation alone is needed to ensure macroeconomic stability
A century of financial crises in New Zealand
Recent analysis from the Reserve Bank of New Zealand suggests that improvements in policy will reduce the risk of a currency crisis going forward
A quarterly GDP series for post-WW2 New Zealand
A new paper from the Reserve Bank of New Zealand creates a quarterly GDP series for the post-war economy
A model to analyse stability
Reserve Bank of New Zealand paper details the development of a cobweb model that will be used in its Financial Stability Report
A trans-Tasman comparison
Rodney Dickens argues that the New Zealand central bank is reverting to bad old habits.
Future rate disclosure works
Bank of Italy looks at the impact of disclosing future rate movements as part of monetary policy
NZ placed on negative watch on growth fears
Fitch switches outlook from stable to negative on concerns over medium-term outlook
New Zealand issues risk guidelines for non-banks
Reserve Bank of New Zealand expands focus of risk-management rules beyond banks
NZ to keep rate at record low until end of 2010
The Reserve Bank of New Zealand followed the Bank of Canada's lead on Thursday and said it was likely to keep its benchmark rate at or below its current record low of 2.5% until the second half of 2010.
More easing needed in New Zealand: OECD
The Reserve Bank of New Zealand should cut its policy rate by a further percentage point to 2% in order to stimulate the domestic economy, said the Organisation for Economic Cooperation and Development (OECD) on Thursday. The views contrast with those…
NZ's Bollard sees recovery soon
The Reserve Bank of New Zealand cut its key rate to a fresh record low on Thursday, but Alan Bollard, the governor of the Reserve Bank, signalled an economic recovery is not far off.
New Zealand will suffer, says Bollard
New Zealand's economy has its strengths but it will not escape unscathed from the global crisis, Alan Bollard, the governor of the Reserve Bank of New Zealand, has warned.
NZ's Bollard: banks need more capital
Financial institutions need more capital if the global financial system is to get back on track, said Alan Bollard, the governor of the Reserve Bank of New Zealand.
NZ makes another mammoth cut, rates hit fresh low
The Reserve Bank of New Zealand slashed its benchmark official cash rate by 150 basis points to a new all-time low of 3.5% on Thursday and signalled it could cut again in the coming months.
RBNZ bulletin on liquidity issues
The Reserve Bank of New Zealand's December Bulletin is built around the theme of liquidity and New Zealand's financial markets.