New Zealand
Briefing on the Reserve Bank of New Zealand
BRIEFING - This paper has been prepared to brief the incoming Government on the role and functions of the Reserve Bank of New Zealand. The paper is also intended to be a useful briefing to other interested parties, including Members of Parliament and the…
RBNZ say new inflation accord must keep continuity
NEW ZEALAND - Any changes to the Reserve Bank of New Zealand's inflation-fighting agreement should consider the benefits of continuity of monetary policy, the central bank said Friday.
Brash elected to New Zealand's parliament
FEATURE - It may have been thrashed by Labour in this weekend's general election but at least New Zealand's National party will have one new face on its benches when parliament resumes. Step forward Don Brash, the former central bank governor.
Cullen calls for RBNZ to copy Australia's c bank
NEW ZEALAND - Finance Minister Michael Cullen has called for New Zealand's central bank to model itself on the Reserve Bank of Australia, which pursues a 2-3% inflation target.
Labour adopts new line on NZ inflation
NEW ZEALAND - New Zealand's Labour party intends to rewrite a policy agreement with the Reserve Bank to make it adopt a more flexible approach to controlling inflation. Releasing details of his party's election manifesto yesterday, Michael Cullen,…
Reserve Bank of New Zealand News Release
NEWS RELEASE - OCR increased to 5.75 per cent, 3 July.
RBNZ raises main interest rate to 5.75 - up 0.25%
NEW ZEALAND - The Reserve Bank of New Zealand said it has decided to increase the official cash rate by 25 basis points to 5.75 pct so that they no longer encourage accelerated spending although further increases were now "rather less likely" than was…
Higher inflation 'all pain and no gain'
ARTICLE - "By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens" - JM Keynes. Leftists often look to Keynes. So what's Finance Minister Michael Cullen's game in his…
Reserve Bank of New Zealand Bulletin, June 2002
REPORT - The Reserve Bank released the June 2002 issue of the Reserve Bank of New Zealand Bulletin on Thursday.
RB of New Zealand criticised by finance minister
NEW ZEALAND - The Reserve Bank of New Zealand's management of monetary policy came under attack from the country's finance minister Michael Cullen today when he alleged that it was failing to interpret the bank's written policy agreement with the…
NZ closes applications for central bank chief post
NEW ZEALAND - Applications for the position of Governor of the Reserve Bank of New Zealand have closed but officials will not comment on how many candidates have expressed an interest in the position so far.
Murray Sherwin favourite in poll for RBNZ governor
NEW ZEALAND - Murray Sherwin, a former Reserve Bank of New Zealand deputy governor, is the best person to take the bank's top job according to a poll of New Zealand based economists conducted by Dow Jones Newswires.
Brash hits back at dissent on growth policy
FEATURE - Former New Zealand Reserve Bank governor Dr Don Brash has hit back at the view that the bank's approach to monetary policy hobbles economic growth reports the New Zealand Herald on Tuesday.
NZ posts ads for inflation-busting central banker
NEW ZEALAND - Wanted: Central bank governor for buzzing South Pacific economy - previous inflation-taming experience an advantage.
Brash makes his first political speech
FEATURE - Prospective National MP Don Brash has made his first political speech since standing down as Reserve Bank of New Zealand governor.
World wide search for New Zealand's c bank chief
NEW ZEALAND - The Reserve Bank has appointed headhunter Signium International to scour the world for a new Governor.
RBNZ Monetary Policy Statement, May 2002
REPORT - The Reserve Bank of New Zealand on Wednesday published its Monetary Policy Statement for May 2002.
Carr's role settled at RBNZ
NEW ZEALAND - Rod Carr has been confirmed as Acting Governor of the Reserve Bank for the next six months, or until a permanent appointment has been made.
Advertisement for new governor of RBNZ
ADVERTISEMENT - The Reserve Bank of New Zealand is seeking applications for the position of Governor. The position has been advertised both within New Zealand and offshore.
RBNZ raises Official Cash Rate to 5.5%
NEW ZEALAND - Reserve Bank of New Zealand Acting Governor Rod Carr justifies the bank's decision to increase the Official Cash Rate in a statement, and warns of further increases over the year ahead.
Hugh Fletcher appointed to NZ Reserve Bank board
NEW ZEALAND - Hugh Fletcher, the former head of Fletcher Challenge, has been appointed as a non-executive director of the Reserve Bank and Rod Carr has been confirmed as acting governor for up to six months, the New Zealand government announced today.
Reserve Bank of New Zealand News Release
NEWS RELEASE - New support provider for Austraclear/ESAS, 8 May.
Reserve Bank of New Zealand News Release
NEWS RELEASE - RBNZ Board begins process for finding new Governor, 29 April.
None so deaf - A central banker hit below the belt
FEATURE - When the Prime Minister of New Zealand, Helen Clark, is stuck in an awkward political corner she has taken to using a cheap rhetorical trick. She has borrowed it from Rob Muldoon. Unable to find anything substantive to say, she resorts to…